Press release | February 17, 2004
Over 100 Jewish and Christian leaders sent a letter to World Bank President James Wolfensohn today urging him to support full implementation of recommendations in the recently released report Striking a Better Balance: The Extractive Industries Review.
Publication | November 4, 2005
Striking a Better Balance Executive Summary English | French | Russian | Spanish ) Volume I: The World Bank and Extractive Industries
Publication | December 10, 2005
Based on several NGOs assessment, the reports concludes that the World Bank Group’s implementation of the EIR, including direct Management commitments, has been disappointing. Governance considerations, relevant to the extractive industries, are not systematically applied and do not appear to be having any influence on project selection or sequencing. Operational polices across the board are relying heavily on Bank staff discretion, both for Development Policy Lending and project lending.
Publication | January 14, 2006
The new report by Environmental Defense and Bank Information Center, examining the World Bank Group’s implementation of its post-EIR commitment to factor governance into decisions about the selection and sequencing of extractive industries operations.
Press release | June 3, 2004
Environmentalists and development advocates today decried the World Bank’s announcement of support for renewable energy as mere spin. Stating that the proposed increase is marginal at best and does nothing to address the Bank’s ongoing bias towards fossil fuels, the groups called on the Bank to adopt the recommendations of its own studies and phase out support for coal and oil while dramatically increasing its support for renewable energy.
Publication | February 17, 2004
Publication | October 20, 2016
In light of the upcoming review of Azerbaijan’s status in the Extractive Industries Transparency Initiative (EITI), 18 international civil society organisations call on the EITI Board to suspend Azerbaijan from participation in the EITI, due to continuous breach of the initiative’s requirements for fostering an enabling environment for civil society.
Publication | November 20, 2017
Bankwatch’s comments focus on the following areas: Sustainability and the Circular Economy, Transparency Standards, Human Rights, Coal Mining and Climate, Diversification, Resilience and Integration. See also our comments on Thermal and coking coal in
Blog entry | June 13, 2025
The mid-term review was intended as a mechanism to address implementation issues and reallocate resources to priority areas. In reality, however, it has taken a very different turn.
Publication | March 20, 2009
This independent quality review of the Environmental Impact Assessment study highlights more than 25 shortcomings in the assessment, including the studys failure to: consider alternative energy scenarios to coal power; analyse properly the carbon dioxide emissions; assess the socio-economic impacts of the project and provide for management and monitoring plans. Based on this quality review as well as the opposition from the local communities the Municipality of Durres declared itself officially against the project in April 2009.
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