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Rainforest Action Network defends forests, climate against Citigroup, 2000-2004

Country
United States
International
Time period
13 April, 2000 to 2004
Classification
Defense
Cluster
Environment
Total points
9 out of 10 points
Name of researcher, and date dd/mm/yyyy
Jessica Seigel, 10/02/2013

In the early 2000s Citigroup was the world's largest project finance bank, with customers in over 100 countries and territories. Citigroup provided the finances for thousands of projects; some of these projects were deeply damaging to the environment. Citigroup was indirectly related to the Camisea pipeline in Peru as a financial advisor, as well as the Chad-Cameroon pipeline under construction by Exxon, Chevron and numerous central African oil companies.