Complaint filed against EBRD: labour rights violations, land grabs and exploitation at cotton producer Indorama Agro in Uzbekistan
September 5, 2023
On 3 August 2023, Uzbek Forum for Human Rights (Uzbek Forum), assisted by Bankwatch Network, filed a complaint with the Independent Project Accountability Mechanism (IPAM) of the European Bank for Reconstruction and Development (EBRD) for human rights violations at Indorama Agro, one of Uzbekistan’s largest cotton producers.
Is this development? Public development banks must rethink their investments and put local communities first
September 4, 2023
On 4 to 6 September, the world’s public development banks will gather for the Finance in Common Summit in Cartagena, Colombia. They’ll be discussing key development issues – from climate change to infrastructure – issues that affect the lives of millions of people around the world. Bankwatch is on the ground to expose the adverse impacts of investments made by development banks and advocates for meaningful community participation in decision-making on development projects.
Civil society calls on public development banks to overhaul their approach to development
September 4, 2023
As a member of the Coalition for Human Rights in Development, Bankwatch has joined civil society organisations and human rights defenders from over 20 countries in calling for immediate and effective action from public development banks.
Tbilisi Transport Policy and Reforms: Main Issues and Recommendations
August 22, 2023
In 2018, Tbilisi authorities set out to decrease the city’s car dependency, reduce traffic jams, improve air quality and develop better infrastructure for walking and cycling. But despite investment from the EBRD and ADB, there has been little improvement.
Tbilisi’s transport policy conundrums: between resolution and resistance
August 21, 2023
The efforts of Tbilisi City Hall, responsible for transport reform, are anything but commendable. Criticism is also apt for the international financial institutions that have invested significantly in Tbilisi’s transport planning overhaul, and that are therefore responsible for monitoring its progress and impact.
The Georgian Road to Russia: when everything goes south
August 3, 2023
The North-South Corridor, widely promoted by international financial institutions, aims to facilitate the transport of goods as the ‘only land access to the Russian Federation’, as well as to Iran, Armenia and Azerbaijan, running through Georgia. Yet the project impacts the cultural heritage of picturesque landscapes in Georgia without answering the major question raised Georgian taxpayers – why should they pay for a new road to Russia, a country that does not have diplomatic relations with Georgia, has occupied Georgian territories, and presents one of the major obstacles to Georgia’s European future?
Adriatic Metals’ ruthless mining: How can the EBRD help improve its clients’ practices when it doesn’t follow its own standards?
July 27, 2023
The DFF Adriatic Metals project, located between the towns of Vareš and Kakanj in Bosnia and Herzegovina, is proclaimed by the investor to be setting new benchmarks for sustainable mining and committing to safety, community, and sustainability – claims not shared by people living in Kakanj.
European Ombudsman urges European Investment Bank to enhance transparency – once again!
July 26, 2023
The European Investment Bank (EIB), the EU’s lending arm, is facing renewed pressure to improve its transparency (1). In a recent decision, the Ombudsman highlighted the EIB’s insufficient justification for withholding access to environmental information related to a significant loan granted to Poland’s largest state-owned energy utility, PGE (2).
Initial Comments on the Proposal for a Regulation on establishing the Ukraine Facility
July 21, 2023
Together with Ukrainian civil society organisations Ecoaction and Razom We Stand, Bankwatch sent initial comments to the European Parliament on the proposed regulation on Ukraine Facility. To foster green reconstruction and bring Ukraine closer towards EU membership, the civil society groups argue that the Facility must prioritise public participation and environmental sustainability.
Civil society calls for the EU’s Ukraine Facility to prioritise the Partnership Principle and environmental conditionality
July 20, 2023
Today, Bankwatch together with Ecoaction (1) and Razom We Stand (3) submitted initial comments to the European Parliament, urging the integration of the Partnership Principle and environmental conditionality in the legislation on the Ukraine Facility.
