Amazon In Focus SPRING 2019

ANNUAL REPORT 2017-2018 OUR MISSION & VISION CONTENTS Message from Our Executive Director ...... 1 Our Mission Our Work: Protecting the Amazon and Our Climate Amazon Watch is a nonprofit organization founded in by Supporting ...... 2 1996 to protect the rainforest and advance the rights of indigenous peoples in the . We partner with Responding to the Bolsonaro Threat...... 4 indigenous and environmental organizations in campaigns Defending Rights, Building Unity, and Protecting the for , corporate accountability and the Amazon’s Sacred Headwaters...... 6 preservation of the Amazon’s ecological systems. BlackRock: The Biggest Contributor to Climate Change You’ve Never Heard Of...... 8 Our Vision New York Times Opinion: Bolsonaro Wants to We envision a world that honors and values cultural Plunder the Amazon. Don’t Let Him...... 10 and biological diversity and the critical contribution of tropical rainforests to our planet’s life support system. 2017-2018 Annual Report We believe that indigenous self-determination is a critical Program Highlights...... 12 component of any successful conservation strategy for Financial Report...... 15 the Amazon, and see that indigenous knowledge, cultures and traditional practices contribute greatly to sustainable Amazon Watch Community...... 16 and equitable stewardship of Mother Earth. We strive Thank You to Our FY 2017-2018 Supporters!...... 17 for a world in which governments, corporations and civil society respect the collective rights of indigenous peoples to free, prior and informed consent over any activity affecting their territories and resources. We commit, in the spirit of partnership and mutual respect, to support our indigenous allies in their efforts to protect life, land, and culture in accordance with their aspirations and needs, as well as the needs of future generations. MESSAGE FROM OUR EXECUTIVE DIRECTOR

Dear Friends of Amazon Watch,

Thank you for supporting our efforts to protect the and our global climate by advancing the rights of indigenous peoples! We are proud to share our 2017-18 Annual Report and our work to Stop Amazon Destruction, Advance Indigenous Solutions, and Support Climate Justice. Without your support, the critical change we seek would not be possible.

Protecting the Amazon rainforest is essential to restore climate stability. And the most effective solution for protecting the Amazon is defending indigenous peoples’ rights and territories. Indigenous territories are threatened by rampant , industrial extraction, and industrial development fueled by short-sighted governments and corporations that seek to profit from destroying the most biodiverse terrestrial ecosystems on the planet.

In the Western Amazon, our goal is the permanent protection of 60 million acres of primary Photo: Rucha Chitnis rainforests and indigenous territories from resource extraction. To accomplish this, Amazon Watch is partnering with indigenous nations of the Ecuadorian and Peruvian Amazon and a growing network of NGO allies in the Amazon Sacred Headwaters Initiative. The Initiative presents a united front against the pressures on their territories and addresses climate change by keeping forests standing and approximately six billion barrels of heavy Amazon crude in the ground.

In Brazil, where the new government threatens to open the Amazon for industrial development by slashing environmental protections and , Amazon Watch has launched the Complicity In Destruction campaign to target the global supply chains and financial relationships that sustain these attacks. Indigenous leaders in Brazil have sounded the call for increased international solidarity in resistance, and Amazon Watch has redoubled its efforts to heed the call.

The vast majority of deforestation in Brazil is caused by agribusiness activities, so we must challenge industrial and international agribusiness and their financiers - including U.S.-based asset managers BlackRock, State Street and Vanguard, which are shareholders in all five of the largest publicly-traded agribusiness companies operating in the Brazilian Amazon.

Protecting and restoring the Amazon, indigenous rights, and the climate, requires greater unity across movements. Accomplishing the required transition from fossil fuels and protection of indigenous stewards of vital forests is the most urgent task we face today. We hope that you will join us in partnership this year and for many years to come.

With deep gratitude for your support,

Leila Salazar-López Executive Director

1 OUR WORK: Since 1996, Amazon Watch has protected the rainforest and PROTECTING THE advanced the rights of indigenous peoples in the Amazon Basin. AMAZON AND We partner with indigenous and environmental organizations in campaigns for human rights, corporate accountability, and the OUR CLIMATE preservation of the Amazon's ecological systems. BY SUPPORTING INDIGENOUS PEOPLES

2 Photo: Leonardo Milano Photo: Maira Irigaray Stop Amazon Destruction Advance Indigenous Support Climate Justice Amazon Watch resists the destruction Solutions Amazon Watch joins with the climate of the Amazon by challenging Amazon Watch supports and promotes justice movement to address the fact disastrous development projects and indigenous-led alternative solutions that the most vulnerable — especially resource extraction and by promoting to climate change, natural resource indigenous people and people of indigenous rights. extraction, and industrial development. color — bear the brunt of environmental destruction, corporate greed, and Current Priorities: Current Priorities: climate change, and are often excluded • Continue to develop our End Amazon • Scale up a robust and replicable Power from top-down solutions. Crude campaign, with a particular to the Protectors program to deliver Current Priorities: focus on the financiers of Amazonian oil solar energy, communications, and companies, while deepening ties with transport solutions to remote Amazonian • Build partnerships with research and California policymakers and forging a indigenous communities. media organizations and hone our diverse and effective campaign coalition. visual storytelling on the importance of Support indigenous-led efforts to • indigenous climate leadership. • Work with Ecuadorian and global advance visions and proposals for partners to halt the country’s planned a permanently protected Sacred • Support inter-ethnic and international new auction of oil drilling concessions Headwaters bio-cultural region located alliance-building between indigenous that threaten vast, pristine forests and the between the Napo and Marañón rivers in peoples of the North and South calling for peoples who call them home. the Amazon. climate justice. • Strengthen our campaign alongside • Formalize and expand our Amazon • Grow support for Earth Defenders of the Peru’s Achuar people and a coalition of Protectors Fund to meet the growing Amazon through advocacy before national partners to force GeoPark to abandon its financial needs of both established and and international authorities, emergency Amazonian oil concession. new grassroots partners. response, and communications to amplify • Slow Brazil’s ongoing assault on the the message of indigenous leaders and Amazon, environmental regulations, and communities that are at the frontlines of indigenous territorial rights by exposing protecting the Amazon rainforest. and severing international market and • Support and advance proposals by investment ties to corrupt government indigenous women and youth on the leaders linked to the agribusiness sector. frontlines of ecological destruction and climate change in the Amazon.

3 Photo: Leonardo Milano RESPONDING TO Today, Brazil is facing an emergency brutal military dictatorship, should be unlike any we’ve witnessed. The seen in the context of a wholesale THE BOLSONARO ascension of the extreme right-wing assault upon the country’s democratic politician Jair Bolsonaro to Brazil’s principles and institutions. A THREAT presidency profoundly exacerbates dominant, conservative faction of By Christian Poirier the country’s environmental and the country’s powerful agroindustrial human rights crisis. The Amazon sector, in coordination with extractive is one of the principal targets of industries such as mining, are driving his regime: since taking power, his Bolsonaro’s Amazon agenda. government has slashed socio- Working from within Bolsonaro’s environmental standards that are government, industry operatives are essential to preserving the rainforest’s stripping protections for forests and ecological integrity and the well-being land rights in order to gain unfettered of its peoples. access to areas currently safeguarded Bolsonaro’s severe policy rollbacks, from industrial activity. Their success which undo hard-earned safeguards would spell disaster for Brazil’s attained since the fall of Brazil’s Amazonian forests and the indigenous

4 and traditional peoples who call them home, while jeopardizing global climate stability. To achieve its nefarious objectives, the Bolsonaro regime is systematically dismantling institutions that are fundamental to enforcing Brazil’s environmental and human rights standards. He opened his tenure by issuing an executive order stripping the mandate of indigenous Photo: Brazil's National Indigenous Movement agency FUNAI to title native Organizing a Response of strategic Brazilian industries territories and transferring it to the and halt Bolsonaro’s assault, The swift-moving disaster embodied Agriculture Ministry, where hundreds ultimately protecting and restoring by the Bolsonaro regime requires of pending land demarcations will environmental safeguards and human innovative solutions that strive to languish indefinitely. rights. get to the root of the problem. Meanwhile, FUNAI is being critically The political and economic power Amazon Watch has launched the underfunded and administered by that sustains his government and Complicity In Destruction campaign religious zealots and corrupt officials, its influential backers from the to answer the MNI’s call for global and the Environmental Ministry is agribusiness sector is upheld collaboration by targeting the rededicating itself to the Orwellian by global markets via traders, global supply chains and financial task of facilitating environmental consumers, and financiers. European relationships that sustain today's devastation. As a result, vast sectors and North American businesses that attacks on the Amazon and its of the Amazon are becoming finance and source from Brazilian peoples. By identifying the worst increasingly vulnerable to exploitation. businesses associated with today’s actors operating in the Brazilian The security of indigenous peoples rollbacks therefore enable Brazil’s Amazon and identifying the global and traditional communities has also socio-environmental landscape to be companies, household brand names, sharply deteriorated. Emboldened reshaped to our collective detriment. and financial institutions who enable by Bolsonaro’s rhetorical and them, we can build new forms of To build leverage over adversaries in institutional assaults, rural logging, leverage over these actors and press the federal government and private mining, and land-grabbing mafias are for reform. sector, Brazil’s National Indigenous organizing an unprecedented wave of Mobilization (MNI) has called Considering the scale and urgency land invasions and attacks on native for a global boycott of Brazilian of the threats, it is clear that the territories and villages with virtual commodities associated with human struggle to defend indigenous rights impunity. The impacts of this crisis are rights abuses and environmental and Amazon protections is not simply therefore being felt first and foremost destruction. The MNI is requesting a local matter. As such, it is our by vulnerable communities. If they are solidarity from international partners collective duty to stand with Brazil's permitted to advance, their enduring, to support these efforts, which forest protectors whose fate is so disastrous legacy will affect us all. aim to leverage global markets in closely linked to our own. order to moderate the behavior

5 DEFENDING For millennia, indigenous peoples ever closer. Indigenous elders in in the Western Amazon have Ecuador still recall relatives who went RIGHTS, BUILDING been protecting, defending, and downstream to Peru to hunt and fish, UNITY, AND managing their rainforest territories only to be unable to return home in the face of unrelenting pressure after Peru annexed more than half of PROTECTING – from rubber tappers, gold miners, Ecuador's Amazon during a border THE AMAZON’S missionaries, loggers, oil companies, war in 1942. and new threats like bioprospectors, It has long been a vision of the SACRED agribusiness, and even conservation indigenous nationalities of this region HEADWATERS schemes that violate their rights. It to unite with their relatives across is why the region remains one of the borders and recover the ancestral By Kevin Koenig most biodiverse places on the planet, management of their territories. But holding the highest concentration of this vision has taken on particular mammals, birds, and amphibians in urgency as the threats to their lives, the Amazon. land, and cultures are on the rise. But over the years, their once vast, In early 2019, my colleagues from ancestral territories have been divided Amazon Watch and I traveled to by political borders, extractive industry Ecuador to meet with indigenous concessions, pipeline corridors, and leaders of CONFENIAE, the other monstrous mega-projects as regional confederation of Amazonian encroaching "development" pushes indigenous peoples of Ecuador's 6 Amazon, along with representatives of indigenous nations and organizations from Peru for four days of visioning and strategic planning on a new initiative to permanently protect their ancestral territories from extractive industries and implement their "life plans" for their peoples. This new initiative, dubbed the Amazon Sacred Headwaters, seeks to permanently protect roughly 60 million acres from industrial extraction and stop the drivers of deforestation throughout the Napo-Marañón River "We know we can't fight these The Amazon Sacred Headwaters basin. The initiative presents a united battles in isolation, going after one will also link on-the-ground work with front against the pressures on their company or one oil concession at larger advocacy efforts to reduce territories and addresses climate a time. We need to get at the root consumption of crude sourced from change by keeping forests standing causes of these problems that the Amazon, particularly focusing on and approximately six billion barrels of threaten us. We need to work across the state of California - which is the heavy Amazon crude in the ground. borders and these false boundaries largest importer of Ecuador's oil - and Launched by CONFENIAE and its that governments, companies, and financial institutions like BlackRock Peruvian indigenous counterpart outsiders have created," explained and JPMorgan Chase that are organization AIDESEP, early priorities Wrays Perez, a Wampis leader from bankrolling Amazon destruction. of the initiative have included Peru. "These are artificial barriers Amazon Watch has been working strengthening organizational capacity, that keep us divided. We need to in this region for close to twenty bi-national summit meetings to share return to the original vision of our years, standing side-by-side with experiences and strategies among ancestors and our practices of our indigenous allies to fight oil indigenous relatives, supporting traditional territorial management companies, pipeline construction, grassroots efforts to stop the and governance that corresponds mining concessions, and other expansion of the fossil fuel frontier, and to ecological/natural boundaries. unsustainable government a major study of biodiversity hotspots. We live downstream in Peru – development plans that trample on Our meeting concluded with the whatever happens upstream in the indigenous rights and territories. We establishment of a governing council headwaters will affect us greatly. If the are proud to support this bold vision comprised of indigenous nationalities governments of Ecuador and Peru are to unite their peoples and territories, of Peru and Ecuador along with NGO getting together to plan how to extract while setting an example for the world advisors from Amazon Watch and the oil together and share infrastructure by keeping forests standing and fossil Pachamama Alliance, with the hope along the border, it only makes sense fuels in the ground. that the circle will grow. for us to be organizing to present our own transborder vision for protection of our forests." 7 retaliation against leaders like Salomé Aranda when they speak out. As we demonstrated in our November 2017 report naming BlackRock as one of the major financial institutions driving Amazon destruction, oil companies like ENI wouldn't have the primary tool they need – money – to drill for oil in indigenous territories in the Amazon rainforest were it not for the financial backing of investment firms like BlackRock. Meanwhile, BlackRock's CEO, Larry Fink, travels the world preaching that businesses should have a "social purpose," play a positive role in society, think "long-term," and help "address pressing social and economic issues." Larry Fink clearly wants to be considered a socially-responsible corporate leader, but BlackRock A company few have even heard of is BLACKROCK: funnels immense amounts of one of the most destructive forces for investment dollars to tar sands, THE BIGGEST climate change in the world. coal, Arctic oil, Amazon crude, CONTRIBUTOR TO BlackRock, the world's largest and rainforest destruction, and he CLIMATE CHANGE investment firm, holds more shares consistently votes against shareholder in fossil fuel and other industries that demands for climate action and YOU’VE NEVER cause climate change than pretty transparency. much any other company in the world. And while it launched a suite of HEARD OF That means that BlackRock's portfolio "sustainable" funds late last year, By Moira Birss constitutes a huge liability that is the funds include commodity traders putting the planet on a path towards linked to Amazon deforestation, one runaway climate change. of the world's largest coal companies, BlackRock's investments include and corporations behind the infamous companies like Italian oil giant ENI, TransMountain and Line 5 pipelines. whose operations on Kichwa territory Meanwhile, indigenous peoples in deep in the Ecuadorian Amazon have the Amazon and around the world are caused toxic contamination and led to

8 risking life and limb to defend their the Earth, and the Sunrise Project to destroy rainforests and the climate. ancestral territories and our global launch a new campaign: BlackRock's The company wields enormous climate from deforestation, oil drilling, Big Problem. We're calling on influence with little accountability for and pipeline construction. That is not BlackRock to stop working with its investment approach or votes by social responsibility, particularly when companies that destroy the climate its shareholders. we have less than twelve years to turn and our precious ecosystems like the Real leaders don't invest in this global ship around and save the Amazon. companies that violate human rights, climate - starting with ending our use As the largest asset manager in destroy tropical forests, and cause of fossil fuels. the world – part of an elite club of catastrophic climate change. It's time This hypocrisy and continued money management companies that BlackRock takes responsibility for and financing of the industries causing control approximately US $90 trillion end its massive contribution to climate climate change is a BIG problem. – BlackRock is one of the largest change and rainforest destruction. That's why last year Amazon Watch worldwide shareholders in fossil fuel, joined with the Sierra Club, Friends of agribusiness, and other industries that

9 THE OPINION PAGES

Bolsonaro Wants to Plunder the Amazon. Don’t Let Him. By Leila Salazar-López In no small part from American- based asset managers BlackRock, he rise of President Jair Two of the largest publicly traded State Street and Vanguard, which Bolsonaro of Brazil has agribusiness firms operating in the are shareholders in all five of the put the environment Brazilian Amazon – Archer Daniels largest publicly traded agribusiness and human rights in Midland and Bunge – are American- companies operating in the Brazilian peril. His promises to based companies. Agribusiness, in Amazon. As a group of researchers open the Amazon for business could particular soy and beef production, recently demonstrated, the "Big result in huge deforestation and the is a leading driver of forest loss and Three" asset managers hold 15 release of vast greenhouse-gas emis- human-rights abuses in the Brazilian percent to 20 percent of all of T A.D.M. and Bunge’s available shares sions. His threats to slash fundamen- Amazon, and A.D.M. and Bunge tal environmental and indigenous are two of the largest soy traders (finance researchers call ownership rights standards that help keep the in Brazil. As producers seek more above 5 percent of all shares Amazon standing are a threat to and more land for growing crops "blockholding" and generally assume climate stability. and grazing cattle, they push ever it to imply significant influence). deeper into the Amazon. According Mr. Bolsonaro, however, wouldn't be This means they have the potential to to a report published in 2014, an exert pressure on the very companies the only one to blame for devastating estimated 90 percent of deforestation the Amazon. Companies that that could either moderate or enable in the Brazilian Amazon is due to Mr. Bolsonaro’s threats to the future accept his invitation to reap profit agribusiness activities. from Amazon destruction, and the of the Amazon – and the climate. financial institutions that provide Where would these powerful Many Americans, in turn, have a the capital, will also bear great agribusiness companies get the direct relationship with those asset responsibility. And those poised to capital they need to bulldoze deeper managers, since those firms manage benefit from Mr. Bolsonaro's reckless into the Amazon, if they should take many pension funds and retirement policies include American companies Mr. Bolsonaro up on his offer to accounts. and financial institutions. eliminate environmental protections?

10 Of course, Mr. Bolsonaro's for his exhortations to companies managers could play a pivotal role agribusiness-friendly agenda should to "benefit all of their stakeholders, in safeguarding the global climate not be seen in isolation. Previous including shareholders, employees, by way of their investments in Brazilian administrations also worked customers and the communities in companies operating in biomes to undermine environmental and which they operate." crucial to climate stability like the human-rights protections to benefit Amazon rain forest. The world could the industrial exploitation of the have less than twelve years to turn Amazon. It required the concerted this sinking climate ship around, efforts of Brazilian indigenous and as the Intergovernmental Panel on social groups and their global allies to Climate Change's most recent report force governments and corporations makes clear. operating in the Amazon to curb deforestation, which until recently Mr. Bolsonaro's rise to power will had been relatively contained. test companies' promises to be responsible. Will leading global Long before Mr. Bolsonaro's rise, agribusiness companies be complicit numerous agribusiness companies in Mr. Bolsonaro's assault on made commitments to end Amazon the Amazon and its people, thus deforestation from their supply sacrificing their commitments, their chains. Both Bunge and A.D.M., reputation and our climate? And will for example, have committed to financial institutions like BlackRock eliminate deforestation in their Yet Mr. Fink's most recent letter heed their own calls for companies to supply chains, although they haven't to investors, published this month, pursue purpose and not just profit? always lived up to those promises. makes no direct mention of climate Or will they put short-term profits change, and BlackRock's statement ahead of the planet's future? In May 2018 Bunge was after Brazil's election in October fined for activities related to appears to celebrate Mr. Bolsonaro's If these influential companies don't illegal deforestation, and some win, lauding his commitment "to take a clear and principled stand deforestation-watchers have building on the reform agenda put in against Mr. Bolsonaro's promises criticized its subsequent policy place over the past two years." to open the Amazon for business, update as inadequate. they will also bear responsibility for Though the role of asset managers abetting his plunder of the world's BlackRock, for its part, has supported might seem far removed from the largest tropical rain forest. the Paris Climate Accord and its felling of trees in the Amazon rain A version of this op-ed appears in print on January chief executive, Larry Fink, has been forest, the world's largest asset 29, 2019, in the International New York Times. called the "conscience of Wall Street" 11 FY 2017-2018 ANNUAL REPORT

OUR WORK: PROTECTING • Organized a delegation of Sapara leaders to attend shareholder meetings of these financial institutions, THE AMAZON AND OUR both of which committed to further engaging with us CLIMATE BY SUPPORTING and Amazonian indigenous peoples about the impacts of their investments. INDIGENOUS PEOPLES • Established an international campaign to demand that the Chilean oil company GeoPark cease expansion of Stop Amazon Destruction its operations into the Achuar’s ancestral territory in Amazon Watch resists the destruction of the Amazon by Peru. challenging disastrous development projects and natural • Developed a groundbreaking new campaign in Brazil resource extraction and by promoting indigenous rights. that targets the drivers of the country’s most egregious In the FY 2017-2018 year we: environmental and human rights abuses, the notorious • Advanced the End Amazon Crude campaign by raising "ruralista" political bloc, by exposing and leveraging the profile of Amazon crude as a harmful commodity their international supply chains. to a broadening audience, including California • Provided technical expertise to Ecuadorian indigenous policymakers, NGO allies, and local environmental partner groups during high level negotiations with the justice leaders. government, and gathered evidence and testimony for • Released the Investing in Amazon Destruction report, legal actions before the Inter-American Commission on exposing how financing from JPMorgan Chase and Human Rights and other international bodies. BlackRock bankrolls the destruction of the Ecuadorian and Peruvian Amazon.

12 Photo: Lanceros Digitales Advance Indigenous Solutions • Provided financial, technical and media support for the historic official launch in Quito of Sarayaku’s Kawsak Amazon Watch supports and promotes indigenous-led Sacha (“Living Forest”) initiative as an alternative to alternative solutions to climate change, natural resource industrial resource extraction. extraction, and industrial development. • Supported and accompanied a grassroots march In the FY 2017-2018 year we: to Quito coordinated by Women Defenders of the • Partnered with Empowered By Light and the Give Amazon who presented their platform rejecting Power Foundation to deliver solar-powered community extractive industries to President Moreno. energy and communications systems to indigenous • Launched a new Amazon Protectors Fund to formalize partners in Ecuador and Brazil. our regranting program, while providing $139,081 in • Supported Ecuador’s indigenous movement in funding to indigenous partners in Ecuador, Brazil, and organizing a 10,000 strong, 200+ mile march from the Peru. Amazon to Quito, which led to a historic meeting with • Advanced the protection of vast tropical rainforests in President Lenin Moreno in which he committed to no the Sacred Headwaters region of Ecuador and Peru by new oil and mining concessions without consultation. deterring international investment in oil leasing rounds • Accompanied indigenous representatives from the and supporting indigenous-led initiatives to secure Ecuadorian and Peruvian Amazon to the United land titles and develop and implement sustainable “life Nations Permanent Forum on Indigenous Issues where plans”. we facilitated high level meetings and hosted several side events.

13 Support Climate Justice • Actively took part in the 23rd Conference of the Parties to the United Nations Framework Convention on Amazon Watch joins with the climate justice movement Climate Change (COP23) and supported a delegation to address the fact that the most vulnerable -- especially of indigenous leaders from the Kichwa community of indigenous people and people of color -- bear the brunt of Sarayaku who presented at high level and side events. environmental destruction, corporate greed, and climate change, and are often excluded from top-down solutions. • Responded to ongoing threats against the Shipibo community of Santa Clara de Uchunya and provided In the FY 2017-2018 year we: financial and media support to Shipibo leader Ronald • Convened a delegation of Ecuadorian indigenous Suárez in the aftermath of the killing of elder Olivia partners in the Bay Area for the Global Climate Arévalo. Action Summit to participate in a series of high- • Used our participation in a new global coalition formed profile activities highlighting the critical role of to defend Earth Defenders to uplift the unique kinds of forest protection in meaningful climate action and support needed by indigenous peoples. emphasizing the need to halt new fossil fuel extraction and infrastructure from California to the Amazon. • Continued to pressure Chevron to change course, accept responsibility, and clean up its toxic legacy in the Ecuadorian Amazon.

14 AMAZON WATCH FY 2017-18 Income Sources SUMMARY FINANCIAL REPORT, Fiscal Year Ended June 30, 2018 1.5% July 1, 2017 to June 30, 2018 6.9% Foundation Grants Funds for INCOME Amazonian Groups Foundation Grants 762,491 Individual Donors Funds for Amazonian Groups 154,259 Organizations Individual Donors 561,329 & Businesses 34.8% 47.2% Organizations & Businesses 24,203 Delegations & Other Income Delegations & Other Income 111,605 TOTAL INCOME 1,613,887

EXPENSES 9.6% Programs & Campaigns 1,146,109 Grants to Amazonian Groups 154,771 Total Program Services 1,300,880 Management 161,637 Fund Development 123,527 FY 2017-18 Expense Allocations TOTAL EXPENSES 1,586,044

7.8% Total Program Net Income 27,843 Services Net Assets on July 1, 2017 243,060 10.2% Management Net Assets on June 30, 2018 270,903 Fund Development

Net Assets on June 30 Include Cash Assets 127,696 Prepaid Expenses 7,625 Short-term Investments 82% Grants Receivable 411,347 Other Assets 12,970 Total Liabilities 288,735 TOTAL NET ASSETS 270,903

Note: This report is based on the audited financial statements for the year ended June 30, 2018.

15 THE AMAZON WATCH COMMUNITY

BOARD OF DIRECTORS STAFF & KEY CONSULTANTS Branden Barber Jeff Leifer Moira Birss Andrew Miller Andrew Beath (Treasurer) Ana Maria Mahiri Zoë Cina-Sklar Paul Paz y Miño Adeline Cassin (Secretary) Jonas Minton Mariola Fernandez Christian Poirier Michelle Chan (Vice Ahmed Rahim Miriam Anne Frank Leila Salazar-López President) Atossa Soltani (Founder Roberta Giordano Sutro Li Peter Coyote (Honorary and Board President) Kevin Koenig Stephanie Tidwell Board Member) Richard Wegman (Chair) Joseph Kolb Michael Zap Kenneth Greenstein Carlos Mazabanda

2017-2018 PARTNERS IN THE AMAZON AND ABROAD APIB Comite Metropolitano Fundación Aldea Kara Solar Repórter Brasil pelas Florestas Acción Ecológica Fundación Tiam Kichwa Community of Sierra Club Comuna Moretecocha Sarayaku AIDA Fundación Regional Sociedade Paraense CONFENIAE de Asesoría en Movimento Xingu Vivo de Defesa dos AIDESEP Derechos (Inredh) Direitos Humanos CONAIE Mujer U’wa AsoU’wa Greenpeace Sunrise Project De Olho nos Ruralistas Nacionalidad Achuar Bioselva Brasil Pelas Brazil, USA, and (Agribusiness del Ecuador Tapajós Vivo Florestas International Observatory) Nacionalidad Shuar del Terra Mater Centro de Derechos Give Power Foundation DivestInvest Ecuador Uma Gota No Oceano Humanos de la IIDS - International Earthrights Nacionalidad Shiwiar Universidad Católica Institute for Law and Unión de Afectados International del Ecuador por (UDAPT) CDES Society Empowered By Light Nación Sapara del Volontariato The Chaikuni Institute Indigenous Ecuador FASE Environmental Internazionale per lo Consejo Educativo OilWatch Sviluppo FENAP Network Multiétnico ONIC Wakoborun Women’s Federación de la Instituto Centro de Comisión Ecuménica Association Nacionalidad Shuar Vida Pairiri Indigenous de Derechos de Pastaza Association Yasunidos Humanos Instituto Raoni Frente de uma Nova Pueblo Shuar Arutam CIMI Instituto Politica Energética Socioambiental Rainforest Action Clearwater Frente de Defensa de International Rivers Network COIAB la Amazonia Ipereg Ayu Rede-Brazil Friends of the Earth Justiça Global Rede-FAOR

16 Photo: Neil Giardino

THANK YOU TO OUR FY 2017-2018 SUPPORTERS!

$100,000+ $50,000-$99,999 $25,000-$49,999 Tikva Grassroots Fund Metabolic Studio Full Circle Fund of RSF Social Anonymous Timothy & Michele Barakett Finance Foundation The William H. Donner Conservation, Food & Health Foundation, Inc. Oak Foundation Foundation The Overbrook Foundation JMG Foundation $10,000-$24,999 Schmidt Family Foundation Mental Insight Foundation Amazon Watch Sweden The Steiner Family Foundation Chris Ruder Anonymous The Waterloo Foundation Threshold Foundation

17 The Arthur Skodnek Foundation Maurice O'Connor $1,000-$2,499 Neil & Amelia McDaniel Charitable Trust C. Diane Christensen & Jean M. Tamie Posnick Katy Allen Pierret Dan Nord Rainforest Concern Lindsey Allen Pat Davis Jennifer Overman David Rosenstein Branden Barber & Sarah Flora Family Foundation Andrew Pray Ana Roth McLeod Greenstein & McDonald R C Charitable Foundation Schaffner Family Foundation Nelson Barry III Benjamin Hantoot Bruce Robertson Marlena Sonn Iain Boltin- Eight Arms Cellars Leonardo DiCaprio Foundation Heather Rosmarin Tomchin Family Charitable Sophia Bowart Living Forest Project of the Foundation Mark Buntzman RSF Small Planet Fund of RSF Peterffy Foundation Social Finance Malcolm Walter J. Cogan & Beth Goldberg Milan & Tish Momirov Ivan Samuels Paul Weaver Conroy Family Foundation Neda Nobari Foundation Bruce Scotton Marion Weber Hunter Covington & Stacy Traub Network for Social Change Katharine Scripps Rick Farman New Venture Fund Sheila Shahabi Pamela E Farmer Rainforest Action Network Tracy Solomon $2,500-$4,999 Elizabeth Ferguson & Jeremy The SWF Immersion Foundation Lent Lorenz Stattegger Solomon Barnett Pablo Tourrenc- Vagabond Films Gwendolyn Grace Toby Thain Benjamin & Talisa Bratt Marvin & Tamara Greenstein Paul Torrence Grace & Han Chiang Nancy Hoecker Sally Ellis Vogel Danem Foundation Tamar Hurwitz Renate Walder $5,000-$9,999 Rob Evans Indigenous Environmental Walking Stick Family Fund Anonymous Henry Massie Family Charitable Network Richard Wegman Avaaz Foundation Trust Institute for International Robert White Andrew Beath- EarthWays Aggie Lal Education Foundation Ann Whittemore & Curt Jim Luther Steven King Anderson Mark Brown Ana & Kobie Mahiri Montana Knapp Winky Foundation Adeline Cassin Marin Community Foundation Peter Kreitler Women's Earth and Climate Cultures of Resistance Network Mary E. Weinmann Charitable Jorn Lyseggen Caucus Foundation Lead Janna Makaeva Nancy Zamierowski Dharma Merchant Services Linda Nicholes & Howard Stein Martin Family Charitable Lee & Peggy Zeigler Friends of the Earth Torkil Olesen Foundation, Inc. Harrington Family Foundation Sarah-Jane Potts Dylan McClintock Jurgen Horn Sunlight Fund Jennifer McGuire Michael Horn Stephen & Karen Wiel Jonas Minton & Julie Polly Howells Carrasco-Minton

18 $500-$999 Terry Gross Dominik Roth Lilian Chou 350.org Jessica Hankey Monica Salazar Ray Cleal Ruben Arce & Cher Lor Melissa Haswell Jack W. Sites Jr. John Cobey Sabine Balzer Alexander Hill SoCal 350 Climate Action Naomi Cohen The Beatrice Bowles Charitable Michael Hirschhorn & Jimena Atossa Soltani Lindsey Collins Martinez Fund Anna Sorriso Jeanne Crotty Lisa Honig Chela Blitt Lesley Stansfield Devi Dadich Maritza Ilario Ingrid Broad Bill Staton Bernie Dechant Imbandit.com Thomas Cavanagh Robin Tenge Alain Desouches Wahleah Johns Center for Biological Diversity Marlies Uribe Annetta Dimitrow Zoe Kelman Jeff Chartrand Pat Usner Christopher Donahue Margaret Keon William & Hyuny Jung Vanja Vukelic Marjorie Donalds Clark-Shim Thomas King Randall Williams Alex Dorr Gabrielle Conway Christine Kolbeck Barbara Drummond Harriett Crosby Adam Koranyi Barbara Duerrenberger Mehri Dehghan Marie & Ken Larson Peter Duong Raj & Helen Desai Kirsti Lavold $250-$499 Darla Earl Gregory Dicum Jenna Lebowitz Marina Adams DDS Gene Engene Ginger Dietz Chris & Erene Lejeune Peter Alex Cristina Espinel Luis Doyer Lumpkin Family Foundation Johanna Bachli Greg Evans Peter Eliopoulos Holly McCue Joseph Belbin Bryan Faehner Ryland Engelhart Adam & Daniela Meltzer Donna Belle Asa Fahlbeck Carolyn Ferris Sloane & Nick Morgan Thomas Bierce Annie Farman Lia Fioroni H N Moira Birss Sarah Ferris Louis Fox Walter Niederhauser Catarina Bitkover Jessica Fielden Gabrielle Francis Gayle Novack Zachary Bouchard Elizabeth Fisher Gregory Frey Oro Verde- Tropical Forest James Boyer Tessa Sage Flores Future 500 Foundation Arthur Bozonnet Eric Folmer Kathleen Geissler Andrea Pendrey Kevin Brewner Mike Fountain Sheryl Gillespie Hsin-Chih Perng Joan Bristol Jean Francois Elaine Girvan Susan Poncelet David Burman Nicolas Gaete Gordon & Joan Marks Family Kimberly Read John Caletti Max Gail Charitable Fund Willi Reinhard Fandra Chang Jonathan George & Jeannette Amy Grace Bruce Rich Ouida Chichester & Jeffrey Price Lager

19 Lisa Giaffo Corbett Kroehler Carlo Perrone Tracy Tinclair David Gilbert Catherine Kunkel Graham & Edie Pett Klaus Trageser Peter Ginsberg Todd Laby & Amelia Rudolph Renata Pompelli Thomas Trengove Julie Glavin Charlene Lebowitz William Prince Martha Upton Katherine Gould-Martin Frank Lichtenberg Matthias Purucker A Van Der Schaar Dot Green John Light Wilfried Rappenecker Annemiek Van Moorst Maribel Guevara Daniel Lillep Chris Redston Sari Veugelers Werner Gundel Eric & Marcie Lister Margaret Ringler Cheryl Walker Theresa Marie Haycock Marie-Odile Liu Leslie Roessler & Luc Kuykens Nancy Weiss & Marc Chytilo June Heilman Nathan Marchand Kimberly Rosa Michael & Christiane Wenzl Kristie Henderson Rhys Marsh Pamela & Rebecca Rosin Christian Kieberl Wigoschnig Kaplan Leela Herriman Mary Martin Ukiah Yeager-Woock Peter Rosmarin Rachel Hill Nattalia Mayers Deborah Zierten Joan O. Roth Marjorie Hoskinson Michelle McGowan Michael Zoller Peter Howells Tobias Mehler Jacqueline Sabec Nicolas Huber Lily Mendoza Gabriela Salazar Joshua Israelievitch Michael R. Hansen Fund For A Leila Salazar-López Yvonne Janitza Better World Roberto Segre Mary Jansen Cynthia Mitchell Emily Shaffer Laura Jones An Mo Jody Slocum Jazmine Kardell Nora Mockli Jacquelyn Smith-Bates Amir Karmi Nutiva Nourish Foundation Roxana Soltani Curtis Kearney Timothy Olinzock Erin Spence Mary Mar Keenan Noel O'Sullivan Bonnie Spinazze Frances Hall Kieschnick Ovanova, Inc Torgrim Mellum Stene Edward King Pachamama Conservation Shizumi Stewart Luciana Kohatsu Valerie Paulus Kathleen Sullivan

20 AN INVITATION TO DEFEND THE SACRED: THE AMAZON WATCH SACRED GIVING CIRCLE Giving in a sacred way is central to many indigenous cultures, whether as a means of giving thanks, convening people for a shared purpose, gaining honor, or more equitably distributing resources so that all may survive. In this spirit, we have convened the Sacred Giving Circle, an interconnected circle of supporters with shared values to defend the Sacred Headwaters of the Amazon and keep sacred natural areas free from extraction.

Sacred Giving Circle members commit to bring THE AMAZON WATCH IMPACT FUND $25,000 in annual support to our work and partner with us to expand our community and grow our Amazon Watch calls upon our philanthropic partners to capacity for enacting change. support our Amazon Impact Fund which seeks to raise $1 million in the next 18 months. “It is truly an honor to partner with Support for the Amazon Impact Fund will allow us to: Amazon Watch and invest in their critical work to defend indigenous • Expand our on-the-ground team in Brazil, rights, the Amazon and the climate Colombia, and Peru and work more closely with for all of our collective future.” our indigenous partners. • Launch an Amazon Indigenous Rising Media — Monica Winsor, Team to expand indigenous communications Sacred Giving Circle Member capacity and directly amplify voices and solutions of indigenous peoples. • Grow our Solar for the Amazon program to support indigenous communities’ pursuit of clean energy and communications capacity. AMAZON WATCH STAFF & BOARD

Leila Salazar-López, Executive Director Atossa Soltani (Founder and Board President) Paul Paz y Miño, Associate Director Richard Wegman (Chair) Christian Poirier, Program Director Andrew Beath (Treasurer) Moira Birss, Campaign Director, Finance Program Michelle Chan (Vice-Chair) Zoë Cina-Sklar, Climate Justice Campaigner Peter Coyote (Honorary Board Member) Mariola Fernandez, Administrative Assistant Branden Barber Miriam Anne Frank, Foundations Relations Manager Adeline Cassin (Secretary) Airton Gasparini Junior, Brazil Field Coordinator Kenneth Greenstein Kevin Koenig, Climate and Energy Director Antonia Juhasz Joseph Kolb, Controller Ana Maria Mahiri Carlos Mazabanda, Ecuador Field Coordinator Angela Martínez Andrew Miller, Advocacy Director Ahmed Rahim Seneca Wolman, Development Associate Michael Zap, Web Manager

Photos: Cover, top: Jeanny Tsai. Cover, bottom: Leonardo Milano Protecting the rainforest and our climate MAIN OFFICE WASHINGTON, DC by supporting indigenous peoples 520 3rd Street, Suite 108 1101 15th Street, NW, 11th Floor Oakland, CA 94607 Washington, DC 20005 amazonwatch.org T: 510.281.9020 T: 202.423.4828 F: 510.281.9021