Largest Bank in Norway Sells Its Assets in Dakota Access Pipeline
▻http://www.ecowatch.com/norway-dnb-dakota-access-pipeline-2098464180.html
Earlier this month, Reuters reported that DNB was “reconsidering its participation” in the financing of the pipeline if “concerns raised by Native American tribes against its construction are not addressed.”
“We have initiated an independent review of how indigenous rights are safeguarded in this process,” Even Westerveld of DNB said. “In addition, we have intensified the dialogue with our customers to use our position as a bank to influence a solution to the conflict.”
“It is great that DNB has sold its assets in the disputed pipeline, and it is a clear signal that it is important that people speak out when injustice is committed,” Martin Norman, Greenpeace Norway sustainable finance campaigner, said. “We now expect DNB to also terminate its loans for the project immediately.”