Kolubara independent Union request to withold credit for Kolubara
Publication | 10 April, 2012In its letter, the independent union at the Kolubara mine points at extremely difficult and inhumane working conditions and their employer’s reckless attitude toward employees. The union calls on the EBRD to not extend a loan to the Kolubara lignite mine before workers’ rights are being respected.
Read moreLetter to EBRD: Request for update on Centerra Gold Revolving Debt Facility
Publication | 6 April, 2012With the letter Bankwatch requests information about the status of the Centerra Gold Revolving Debt Facility and raises issues and findings from the recent reports on the company’s performance.
Read moreProposed model for consultations between the EBRD and civil society organisations
Publication | 5 April, 2012These comments, prepared the Arab NGO Network for Development together with Bankwatch suggests improvements for the model of consultations between the EBRD and civil society organizations. It is particularly relevant in view of the upcoming civil society consultations in the southern and eastern Mediterranean as the EBRD prepares to extend its lending to the region.
Read moreEBRD: New president – new direction for the bank?
Press release | 2 April, 2012With the European Bank for Reconstruction and Development (EBRD) in the process of selecting a new president [1] as the term of current office holder Thomas Mirow approaches its end, CEE Bankwatch Network, an NGO that has been monitoring the EBRD for over a decade, makes a call on the bank’s shareholders and new president to reassess some of its past – faulty – approaches:
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Yet another bail-out package? A comeback to ‘The Vienna Initiative and financial stability in emerging Europe’
Blog entry | 30 March, 2012The European Bank for Reconstruction and Development promotes the support for western European banks in central and eastern Europe although evidence for this initiative’s success is disputable at best.
Read moreLetter to EBRD regarding the Amulsar Gold project in Armenia
Publication | 30 March, 2012While Lydian International is reporting on progress in its talks with the EBRD about an aquisition of company shares by the bank and on receiving project approval from the Armenian government, the EBRD has yet to publish project related documents in line with its public information policy.
Read moreLetter to EBRD: Kolubara loan connected to resettlement and impacts on communities
Publication | 30 March, 2012In its letter to the European Bank for Reconstruction and Development Bankwatch member group CEKOR discusses issues related to the Kolubara lignite mining project that have not yet been clarified. Among them is the fact that the EBRD’s loan is indeed connected to the resettlement of the Vreoci community, something which the EBRD has denied so far, and the so far vague claim that the project will contribute to emission reductions and environmental improvements.
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Mining in protected areas, an update on Kumtor and Centerra Gold
Blog entry | 28 March, 2012Centerra Gold is being criticised for its activities in protected areas at the Kumtor gold mine and at another project in Mongolia. More lessons to be learnt for the European Bank for Reconstruction and Development.
Read moreSuggestions for reforms the new EBRD president could undertake
Publication | 27 March, 2012With the European Bank for Reconstruction and Development in the process of selecting a new president, Bankwatch calls on the bank’s shareholders and new president to reassess some of its past – faulty – approaches.
Read moreLetter to EBRD: request to clarify conflicting information on mining projects in Mongolia
Publication | 23 March, 2012Following a fact-finding mission to Mongolia in June 2011, CEE Bankwatch sent a letter on August 18, 2011 with several questions for clarification to the EBRD. Additionally OT Watch submitted a paper on November 1, 2011 to representatives of the EBRD Board of Directors during their visit to Mongolia. While the EBRD replied to both of these, several issues still need clarification, as there is conflicting information.
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