Mining boom in Mongolia
With huge amounts of unexploited natural resources (gold, copper, coal and more) the Mongolian economy is estimated to grow massively in the years to come. But will it also benefit the people in Mongolia? Our work shows how mining operations lead to pollution and displacement for local herders and exacerbate water scarcity issues.
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Background
With huge amounts of unexploited natural resources (gold, copper, coal and more) the Mongolian economy is estimated to grow massively in the years to come. But will it also benefit the people in Mongolia? Our work shows how mining operations lead to pollution and displacement for local herders and exacerbate water scarcity issues.
Dust, displacement and intimidation in the Gobi Altai mountains
Nomadic herders in the Gobi Altai mountains are facing pollution and displacement by the Tayan Nuur iron ore mine that receives financing from the European Bank for Reconstruction and Development.
While the mining company Altain Khuder responds to criticism with intimidation, the EBRD is not doing enough to protect herders’ rights.
Read more:
When the dust settles
A multimedia story about herders impacted by the Tayan Nuur mine
Dust, displacement, intimidation – Mongolian herders are under pressure by iron ore mine
Blog post | December 9, 2014
Report: Impacts of the Tayan Nuur iron ore mine on nomadic herders’ lives in Mongolia
Study | December 9, 2014
Case study on the impacts of the global iron ore sector: Altain Khuder in Mongolia
SOMO case study | December 17, 2014
Water scarcity in the South Gobi desert
In the South Gobi desert, the highly intensive mining industry with its immense need for water can pose precarious risks to the livelihoods of herders.
Read more
Spirited away – Mongolia’s mining boom and the people that development left behind (pdf)
Study | January 30, 2012
EBRD financing for mining in Mongolia
By financing several mining projects over the last few years, the EBRD followed other investors’ bias towards the natural resources sector in Mongolia. Instead, it should diversify its portfolio in the country to help Mongolia reduce its dependency on commodity exports.
Read more:
The EBRD in Mongolia: Economic diversity is something else
Blog post | September 18, 2012
Online debate
Following a discussion in the European Parliament on the EBRD’s mining operations, Bankwatch organised a live-streamed google hangout with Mongolian campaigner Sukhgerel Dugersuren.
Latest news
EU green dream is a harsh reality for metal-rich countries
Bankwatch in the media | 24 March, 2021The tale of Mongolia’s Oyu Tolgoi copper mine highlights the potential toll on people and the environment in Central Asia from Europe’s rush for high-tech climate solutions. Source: EU green dream is a harsh reality for metal-rich countries
Read moreDer Widerstand gegen Bergbau-Großprojekte in der Mongolei: Zehntausende sind aktiv » LabourNet Germany
Bankwatch in the media | 5 March, 2021Wer hierzulande an die Mongolei denkt, denkt meistens in Schablonen-Mustern: Reitervolk, Dschengis (der große) Khan (dessen „Goldene Horde …
Read moreDoing the same thing and expecting different results: Mongolia plans to curb air pollution with more coal
Blog entry | 3 May, 2017A new law on air pollution recently adopted by the Mongolian government is in part the result of massive demonstrations against air pollution in the capital. The new policy, however, involves even more reliance on coal.
Read moreRelated publications
When the dust settles – Impacts of the Tayan Nuur iron ore mine on nomadic herders’ lives in Mongolia
Study | 9 December, 2014 | Download PDFThis report from a fact-finding mission to the Gobi Altai mountains in Mongolia describes the impacts the Tayan Nuur iron ore mine has on local nomadic herders, including displacement, dust pollution resulting in diminished livestock, and more. While the mining company Altain Khuder responds to criticism with intimidation, the company’s financier, the European Bank for Reconstruction and Development, is not doing enough to protect herders’ rights.
New EBRD Environmental and Social policy needs climate muscle and tightened safeguards for protected areas
Bankwatch Mail | 10 May, 2013 |If there is one sector in which the EBRD has been causing particular controversy in recent years, it is the energy sector. From lignite in Slovenia to hydropower in Georgia and nuclear in Ukraine, the bank has financed a series of projects that have incurred opposition from various quarters. Now that the EBRD is revising its Environmental and Social Policy it’s time to take a look at what needs to be learned from these projects.
The climate crisis and the role of Europe’s public banks
Briefing | 22 April, 2013 | Download PDFWith each passing day, there is less chance that we will manage to keep the planet within the “safe” limit of two degrees Celsius global warming that would avoid disastrous climate change. The European Investment Bank and the European Bank for Reconstruction and Development can play a pivotal role in leveraging more private investment for sustainable energy. Both institutions are now reviewing their energy lending policies.
