Brazil’s indigenous people to Fink: stop financing Amazon destruction

Amazon indigenous protest 2020 from PA 12Jan21 575x375
By Jon Hay
12 Jan 2021

The Association of Brazil’s Indigenous Peoples has written an open letter to BlackRock’s CEO Larry Fink, who is expected to publish his annual letter to stakeholders this week. Apib wants BlackRock to end what it calls its “complicity” in the destruction of the Amazon rainforest, and to consult indigenous people as it finalises its new policy on biodiversity and deforestation.

Since 2019 Apib — a nationally recognised umbrella organisation for several indigenous people’s groups — has been trying to persuade BlackRock to pay more attention to the risk to indigenous people, and to the Amazon ecosystem, caused by companies it invests in.

“Mr Fink, you have spoken at ...

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