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News

Out of left field: A Kyrgyz inspiration for the EBRD

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February 23, 2012 | Read more

Following the publication of one official and one shadow report on the Kumtor gold mine, Kyrgyz authorities have responded to the calls of Bankwatch and other environmental groups to take a tougher stance on the Kumtor mining operations. The EBRD should follow their example.

The dirty French-Slovenian connection

February 23, 2012 | Read more

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

Romania: New coal plants to be built with EU aid for greening economy

February 22, 2012 | Read more

Bucharest – One of the eight Member States applying for EU help consisting of free of charge GHG emissions allowances from 2013 to 2019, Romania intends to implement investments which will lead to maintaining or even increasing the high share of coal in the country’s electricity production, thus contradicting the goals of the EU aid scheme.

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

February 16, 2012 | Read more

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.

Oil for nothing: European energy security endangers livelihoods in Nigeria

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February 8, 2012 | Read more

A documentary exposes the practices and disastrous local impacts of oil extraction by European energy companies in Nigeria. Food for thought for ourselves and our political representatives at national and European level.

Billions of EU funds wasted on dead-end investments

February 2, 2012 | Read more

Brussels – Substantial environmental and social harm is being caused by controversial projects costing billions of euros of EU money, according to research published today by Friends of the Earth Europe and CEE Bankwatch Network.

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

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January 31, 2012 | Read more

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.

Kyrgyzstan: Independent expertise exposes damage done by Kumtor gold exploitation

January 31, 2012 | Read more

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.

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

January 30, 2012 | Read more

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)

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

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January 27, 2012 | Read more

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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