’What we want is insurers to insure our future and stop funding our destruction,’ says spokesperson
Activists have held a protest at the Biba conference to call on insurance companies to not insure the East Africa crude pipeline (Eacop).
Several protestors from the group StopEacop gathered outside the Manchester Central Convention Complex this morning (11 May 2023), holding up a banner calling on companies to “insure out future”.
Eacop is a pipeline that is set to transport oil produced from Uganda’s Lake Albert oilfields to the port of Tanga in Tanzania.
The official Eacop website states that the new corridor linking the two countries ”will bring benefits, including the development of new infrastructure, logistics, technology transfer as well as improving the livelihoods of communities along the route”.
However, StopEacop feel the move could result in ”displacing communities and endangering wildlife”.
Speaking to Insurance Times, a StopEacop spokesperson said: “What we are here to say to insurers is to please commit to not insuring Eacop because without you, the project can’t go ahead.
“So, what we want is insurers to insure our future and stop funding our destruction.”
‘Role to play’
According to the group, 22 insurers have made the commitment not to insure Eacop.
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The spokesperson said their protest was targeting those companies that had not.
She added: “We hope that we get more interest [from companies] to come on board, you’ve got a massive role to play and we are counting on our financial institutions to do the right things.”
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