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European Bank Says Mining Projects Don’t Damage Glaciers

Source: Ryskeldi Satke, Glacier Hub

For years, the European Bank for Reconstruction and Development has been involved in the Kumtor mining project, which some experts say is contaminating ground and surface waters. Kyrgyz local communities have been complaining that the gold mine is causing negative environmental and social impacts on the nearby villages. Additionally, international NGOs and Kyrgyz environmentalists believe that the Canadian-operated Centerra Gold mine is triggering rapid glacier melt due to company’s mining practices. The EBRD has denied these claims.

Rushing into gold can leave people behind, EBRD

A look at mining projects in Kyrgyzstan and Mongolia reveal a need to carefully revise the European Bank for Reconstruction and Development’s involvement in the exploitation of natural resources.


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