STOP ADANI
Join the campaign to stop Adani’s destructive Carmichael coal mine.
Adani’s Carmichael coal project is trashing First Nations land rights, draining critical water resources, risking our already distressed Great Barrier Reef and fueling runaway global warming that threatens all our lives and livelihoods. It must be stopped and the coal left in the ground.
To continue to operate the Carmichael mine, rail line and port, Adani Group will need ongoing insurance and financing. With your help, we can make sure that the companies that provide these services understand that supporting Adani would be a reputation-destroying move. With enough pressure, we can convince Adani to walk away from its disastrous Carmichael coal project for good.
ABOUT THE CARMICHAEL COAL PROJECT
Adani Group’s Carmichael thermal coal project in Queensland includes what could become Australia’s biggest coal mine, a connecting rail line, and the North Queensland Export Terminal (NQXT, formerly Adani Abbot Point Terminal) a port in the Great Barrier Reef World Heritage Area.
Carmichael will help open up the untapped Galilee Basin to more climate-wrecking mega-mines. Unless it is stopped it could set off a carbon bomb of global significance, fueling the climate crisis right when the need to phase out fossil fuels has never been more urgent.
The Traditional Owners of the land where Adani’s Carmichael mine is being developed, the Wangan and Jagalingou, have not given their Free, Prior and Informed Consent to the project, and continue to resist it.
| Title | Address | Description |
|---|---|---|
Carmichael coal mine | Belyando QLD 4721, Australia | |
North Queensland Export Terminal | Bowen QLD 4805, Australia | |
Great Barrier Reef | Mullers Reef, The Percy Group 4707, Australia |
Stop Adani action outside a Westpac bank branch.
THE WINS SO FAR
Adani’s Carmichael coal project is hugely controversial. Thanks to a relentless community campaign, Carmichael has already:
- Decreased to one sixth of its originally proposed size (at least in its initial phase).
- Been delayed by around 8 years.
- Failed to secure any direct external finance, with over 100 major companies, publicly ruling out any direct association with the project.
However, Adani Group remains committed to Carmichael and the conglomerate still has support from some laggard banks, insurers and investors.
We need your help to keep up the pressure on Adani. Take action now by sending an email to the creditors and bankers of NQXT to demand they cut ties with Adani’s Australian coal port, or scroll down to learn more about our work and how you can get involved.
CAMPAIGN AREAS
THE ADANI LIST
These are the companies that have either worked on or financed the Adani Carmichael project (mine, rail and/or port) in some way, or have refused to rule it out.
ADANI GROUP’S FOSSIL FUEL EXPANSIONS
The Adani Group is pursuing and supporting several massive new fossil fuel projects beyond Carmichael that endanger key climate goals and will fuel more floods, storms, heatwaves and bushfires. See what it’s planning:
ADANI INVESTORS EXPOSED
Investors and financiers need to know that their support for any part of the Adani Group risks supporting Carmichael coal. We unpack some of the complex web of Adani entities directly linked to Carmichael and name some of their bankers and investors. Find out who is exposed and take action:
INSURANCE COMPANIES
All major projects require several types of insurance to be able to operate, which usually needs to be renewed every 12-24 months. Find out which insurance companies are open to covering Adani Carmichael and how to stop them:
NORTH QUEENSLAND EXPORT TERMINAL
North Queensland Export Terminal (NQXT – formerly Adani Abbot Point Terminal), Adani’s coal port in the Great Barrier Reef World Heritage Area is essential to the disastrous Carmichael coal project. Take action to stop further financing of Adani’s NQXT:
WHO’S OUT?
Over 100 major companies have so far publicly ruled out being involved in the climate-wrecking Adani Carmichael coal project! Find out who they are:
LATEST NEWS
Standard Chartered and Barclays fund Adani’s coal mining subsidiary
19 May 2022 Financial new sources confirmed last week that Standard Chartered and Barclays have funded Adani Enterprises, the Adani Group subsidiary pursuing several new thermal coal mining projects, including the disastrous Carmichael mine in Australia. The US $250m...
Vanguard’s farcical engagement with coal miners Adani, Whitehaven and New Hope exposed
12 May 2022 Global investment management firm Vanguard recently released its 2021 Investment Stewardship Report, where it discusses the supposed impact of its engagement with the companies in which it invests. Vanguard provides case studies on the Adani Group (p 36)...
Help GLAS make time to Stop Adani
10 May 2022 There are now 112 major companies that have ruled out providing any support to the climate-wrecking Adani Carmichael coal project. However, debt administration services provider GLAS is not one of them. With Adani’s Australian coal port, NQXT, currently...
Adani planning to self-fund coal port debt refinancing
22 March 2022 According to a note published on 14 March, Adani has indicated to the Moody’s ratings agency that it is failing to find an external source to refinance the US$500m of bonds maturing in December of this year, issued by its coal port North Queensland...
Will GLAS shatter its reputation on Adani’s coal port?
In November 2021, after a short and sharp public backlash, the Bank of New York Mellon (BNYM) became the 104th company to cut ties with Adani’s disastrous Carmichael coal project. For many years, BNYM was playing a specialised role as the security trustee for the debt...
Convex rules out insuring Adani’s mega mine and all new thermal coal production
4 February 2022 Earlier this week, UK and Bermuda-based Convex Insurance published a statement confirming it “will not insure the construction or operation of any new thermal coal mine and/or its dedicated infrastructure”. This commitment means Convex has ruled itself...