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Social and economic impacts

Projects funded by international financial institutions can have devastating impacts on the lives and livelihoods of individuals and communities or be questionable from an socio-economic perspective.

See current campaigns below which monitor projects with a potential negative impact.

 


 

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The Chelopech cyanide mining project was proposed by the Canadian company Dundee Precious Metals (DPM) and its Bulgarian branch Chelopech Mining. It would have expanded metal extraction in the Chelopech gold and copper mine in Central Bulgaria through the introduction of cyanide leaching.

EBRD
Social & economic impacts
Other harmful projects

ArcelorMittal's enormous steel mill in southern Ukraine received a loan from the European Bank for Reconstruction and Development (EBRD) in 2006 that helped the company increase productivity and expand its market position but didn't do much to address the pollution caused by the mill.

EBRD
Energy & climate
Social & economic impacts
Mining