It informs the cio Even Westerveld in DNB to Aftenposten.
the Reason is all the questions that are raised around the relationship to the indians in one of the areas the wire to go through, where it should cross a river that is Standing Rock-siouxenes main source of drinking water. Siouxindianerne says milliardprosjektet threatens both drinking water and areas that are important to their culture.
Is still lender
DNB-such funds ‘ holdings were worth around 3 million dollars (26 million). In addition, there are three different loans which DNB has provided to the financing of the cord, for a total of around nok 2.8 billion. This corresponds to barely 10 per cent of the project’s estimated cost.
We have taken the initiative to an independent assessment of how indigenous rights are safeguarded in this process. In addition, we have intensified the dialogue with our customers to use our position as the bank to affect a solution to the conflict, ” says Westerveld.
Greenpeace in Norway greets the decision welcome, but notes that the DNB is still a lender to the project.
– Must terminate the loan
It is good that DNB has sold its interests in the disputed pipeline, and it is a clear signal that it is possible that people say so when wrongs are committed. We expect now that the DNB terminate the loan immediately, ” says Martin Norman, adviser for sustainable investments in Greenpeace, in a comment to NTB.
– There should be a clause in the lånekontrakten regarding breaches of human rights, and it should DNB make use of to demand the entire loan, its repayment and terminate the customer relationship immediately. If DNB is not provided for such a clause in the loan agreement, then they should recognize that they have bad deals and end the relationship without get your money back, believes Norman.
– its oil wealth should be the next
A is also positive to DNBs reaction, and is of the opinion that DNB has now made it its oil wealth should have made.
– DNB is here an example to be followed. Now the state must follow. Its oil wealth can not violate the rights of indigenous peoples through their investments. SV proposes in Parliament today about to get into the rights of indigenous peoples in the ethical guidelines for its oil wealth, says the socialist left member of the Norwegian parliament Kirsti Bergstø.
She says it is important that its oil wealth to invest in a company that respects the rights of indigenous peoples, and that these rights have not been taken into account by the companies behind the pipeline at Standing Rock. (©NTB)
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