Stop the Money Pipeline and Defund Formosa

Organised by: Rise St. James, Stop the Money Pipeline, ACRE and FoE US
online event

Formosa Plastics, a multi-billion-dollar Taiwanese corporation, wants to build a massive $12 billion 14-plant petrochemical complex on the banks of the Mississippi River in St. James, Louisiana. In a major victory for the Stop Formosa campaign, on August 18, 2021, the US Army Corps of Engineers announced that it will require Formosa to undergo a thorough Environmental Impact Statement, which was only possible after years of grassroots organizing by local residents of St. James Parish, especially RISE St. James as led by Sharon Lavigne. However, this new development doesn't mean the project is dead and now we need your help to mobilize pressure on major Wall Street financial institutions to make SURE that this project is dead for good.

Join us for “Stop the Money Pipeline and Defund Formosa,” a live zoom webinar on Wednesday, October 6th at 5pm PT / 8pm ET. Together, we will learn the history of environmental racism in the Gulf, learn the story of struggles from RISE St James and other Black-led community orgs on the frontlines, and take action on the banks and financial institutions that stand ready to profit from more environmental racism unless the Formosa Plastics project is stopped. Together, we will DEFUND, DIVEST, and DENOUNCE Formosa!