Stop Adani demands Ark Insurance walk away from coal mine

Stop Adani campaign protests Ark Insurance. Photo: Rigmor Berg

Early on March 17, about 100 people rallied outside the British Consulate to call on Ark Insurance Company, connected to Lloyds of London, to rule out underwriting the Adani Carmichael coal mine, which has already started operations in Central Queensland.

Protesters targeted the consulate as it assists trade agreements with Lloyds of London.

Earlier this month, other insurers from Lloyds, Brit and Hiscox have already ruled out insurance coverage for Adani.

Salome Matangi, coordinator with the Pacific Climate Warriors said: “Pacific Island nations are on the frontline of the climate crisis. We are battling sea-level rise, ferocious storms and extreme weather due to the burning and mining of coal.”

Eduardo from Market Forces spoke about the success the campaign has had in pressuring about 35 insurance companies from dealing with Adani.

Environment groups around the world are now following Australia’s lead.

Gillian Reffell outlined the work Sydney Stop Adani groups have done during the COVID-19 lock-down and urged people to keep up the campaign.

People took selfies with a cut-out of Ark Insurance Company CEO Ian Beaton. You can on about what he should do about Adani.

Rallies were also held in Brisbane, Melbourne, Canberra and in Britain.