Lloyd’s of London Insurers need to #StoptheMoney to #StopAdani
Pacific Climate Leaders call on Lloyd’s of London insurers to rule out insurance for Adani’s coal, protect Pacific islands.
To Whom It May Concern,
We are the Council of Elders, the steering committee of the youth lead network of climate campaigners spread across the Pacific and the world, known as the Pacific Climate Warriors.
As young pacific people living on the frontlines of the climate crisis we know the realities of this changing environment, we live through those disasters and in a perpetual state of recovery.
Whilst we speak many languages across the Blue Pacific, our shared language is one of respect, and in that spirit, we are reaching out to you today to humbly put forward the voices of the young people we serve and the islands we love.
We are urging Lloyd’s of London and their insurance companies to rule out any further financing of the Adani Abbot Point Terminal or any of Adani’s coal projects.
If the Lloyd’s of London and their insurance companies were to fund the Adani Abbot Point Terminal and any of Adani’s coal projects, it will:
- Destroy the ancestral lands, waters and cultures of Indigenous people without their consent.
- Allow 500 more coal ships to travel through the Great Barrier Reef World Heritage Area every year for 60 years.
- Get access to 270 billion litres of Queensland’s precious groundwater for 60 years, for free.
- Risk damaging aquifers of the Great Artesian Basin.
- Add 4.6 billion tonnes of carbon pollution to our atmosphere.
Critically, if allowed to go ahead, Adani’s Carmichael coal mine will unlock the Galilee Basin – one of the world’s largest untouched coal reserves – paving the way for at least eight more coal mines to be built. All at a time when scientists are warning we can’t build any more fossil fuel infrastructure if we want to avoid catastrophic global heating.
No one should allow this mine to go ahead.
Now is the time to move away from destructive projects like the Adani mine.
Please stand with us and push Lloyd’s of London and their insurance companies to say that they “will not be providing any further financing for the Adani Abbot Point Terminal or any of Adani’s coal projects.”
Council of Elders,
Pacific Climate Warriors.
