Updates on the European Bank for Reconstruction and Development

The dirty French-Slovenian connection

Slovenian state anti-corruption body claims ALSTOM could have benefited from corrupt acts to get deal to build new lignite plant at Sostanj.

High risk of corruption in Sostanj TES 6: Report by Slovenian Commission for the Prevention of Corruption (unofficial translation)

For many years TES 6 has been surrounded by rumours of corruption. In February 2012 the Slovene State Commission for the Prevention of Corruption published a report stating that acts of corruption could have influenced the awarding of the contract to French company ALSTOM and that the law on the state guarantee itself was initially drafted by employees of HSE, the owner of the Sostanj power complex. Slovene NGO Focus Association for Sustainable Development has translated the report to English. (The original report (in Slovenian language) is available for download here (pdf).)

Kyrgyz lawmakers endorse NGO’s environmental complaints over Kumtor Gold Mine

Bishkek – Both the Kyrgyz government and the parliament took on board this week concerns expressed by environmentalists that the Kumtor gold mine operated by Canadian Centerra Gold Corporation poses serious threats to livelihoods and the environment, including causing the melting of two glaciers in the area.

Energy Security For Whom? For What?

How can fossil fuels and uranium be kept in the ground and agrofuels off the land in ways that do not inflict suffering upon millions? Mainstream policy responses to these issues are largely framed in terms of “energy security”. Yet far from making energy supplies more secure, such policies are triggering a cascade of new insecurities for millions of people.

Bankwatch input on EBRD country level transition indicators

The European Bank for Reconstruction and Development is revising its country level transition indicators, which help measuring the impacts of the bank’s lending. Bankwatch’s input comments on the EBRD’s current indicators and proposes to include indicators that more concretely could illustrate the EBRD’s impact on the environment and the lives of people in its countries of operation. Specifically, our indicators pertain to aspects of inequality, gender, labour standards, life satisfaction and resource efficiency.

Comments to draft EBRD country strategy for Romania

Earth’s riches, people’s troubles. Mining in Central Asia

Two new reports and two videos on the impacts of mining operations in Kyrgyzstan and Mongolia unearth some of the downsides of the mining business in Central Asia.

Kumtor gold facilities, Kyrgyzstan: Comments on water, environmental and related issues

This report, authored by hydrogeologist and geochemist Dr. Robert Moran, reveals that Canadian company Centerra Gold, owner and operator of the Kumtor gold mine, has been contaminating local waters and glaciers while hiding evidence of such negative impacts from public oversight.

Kumtor gold mine, Kyrgyzstan. Bringing risks to regional water systems

The briefing summarises findings of a report, authored by hydrogeologist and geochemist Robert Moran. The report reveals that Canadian company Centerra Gold, owner and operator of the Kumtor Mine, has been contaminating local waters and glaciers while hiding evidence of such negative impacts from public oversight.

Kyrgyzstan: Independent expertise exposes damage done by Kumtor gold exploitation

Bishkek — Canadian company Centerra Gold, owner and operator of Kumtor Mine, the largest gold mine in Central Asia managed by a Western company, has been contaminating local waters and glaciers while hiding evidence of such negative impacts from public oversight, reveals a report authored by an independent US-based expert published today by CEE Bankwatch Network (1). Had it operated in its home country Canada, Centerra’s practices would have caused the company serious trouble with the law.