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Home > European Bank for Reconstruction and Development (EBRD) > Updates on the European Bank for Reconstruction and Development

Updates on the European Bank for Reconstruction and Development

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

Publication | 31 January, 2012

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.

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

Publication | 31 January, 2012

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.

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Kyrgyzstan: Independent expertise exposes damage done by Kumtor gold exploitation

Press release | 31 January, 2012

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.

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Spirited away – Mongolia’s mining boom and the people that development left behind

Publication | 30 January, 2012

The report, based on a fact finding mission to the Tavan Tolgoi and Oyu Tolgoi mines in Mongolia, examines the social and environmental impacts of mining in Mongolia. It offers a more in-depth look at the impacts on herders who have been displaced by the mining operations, the local effects of the construction of infrastructure and the mining operations themselves.

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Bankwatch report and video: Mongolia’s mining bonanza poses threat to locals and planet

Press release | 30 January, 2012

A new report launched today by CEE Bankwatch Network, urgewald and OT Watch (1), following on-the-ground research in Mongolia, details the impact of the country’s mining boom on local populations, shedding light on the ignored side of one of the biggest business stories of today: Mongolia’s planned public offering of the state-owned Erdenes Tavan Tolgoi and the rights to one of the world’s largest untapped coal reserves. (2)

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Video: Spirited away – Mongolia’s mining boom and the people that development left behind

Blog entry | 27 January, 2012

Earlier this week we published an overview of two Central Asian mining projects financed by the European Bank for Reconstruction and Development – the Kumtor gold mine in Kyrgyzstan and the Ukhaa Khudag coal mine in Mongolia’s south Gobi desert, which is part of the much larger – in fact the world’s largest – coal deposit at Tavan Tolgoi.

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Rushing into gold can leave people behind, EBRD

Blog entry | 25 January, 2012

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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Letter to European Commission: Insufficient environmental assessment of Ukraine NPP Safety Upgrade Programme

Publication | 20 January, 2012

The letter criticises the environmental assessment of the Nuclear power plants safety upgrade programme (SUP) in Ukraine. It concludes that the assessment insufficient and does not fully elaborate the objectives and consequences of the SUP.

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Tragedy or comedy, what is the Nabucco pipeline really?

Blog entry | 19 January, 2012

The announcement of German energy giant RWE to reconsider its plans for the Nabucco pipeline is just the last in a series of confusingly conflicting signals regarding the fate of this gargantuan project.

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Complaint to EBRD’s Public Complaint Mechanism: The Sostanj thermal power plant project

Publication | 17 January, 2012

Bankwatch, Slovenian NGO Focus and Environmental Legal Service (CZ) ask the EBRD’s Project Complaint Mechanism to undertake a compliance review of whether the bank has complied with its Environmental and Social Policy 2008 in relation to two aspects of the Sostanj lignite thermal power plant: (a) Claims by the EBRD that the project in question is “CCS ready” and (b) the EBRD’s assessment of whether Slovenia can fulfil its obligations in meeting long-term EU climate goals if it undertakes the project.

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