New complaint filed, while more insurers back away from EACOP

Today members of the #StopEACOP Alliance have supported communities directly affected by the East African Crude Oil Pipeline and associated projects to file a groundbreaking complaint to the Compliance Advisor Ombudsman—an independent complaints mechanism attached to the World Bank Group.

The complaint, filed during the World Bank’s annual meeting week, details how the bank is indirectly exposed to the devastating oil projects through its investment in Britam, an East African firm that is providing insurance for the projects.

Access the full complaint here.

The complaint comes as two more major multinational (re)insurers, Swiss Re and Zurich, publicly commit to not supporting the EACOP.

Click below to read the full press release.