The World Bank’s private sector arm – the IFC – must stop financing industrial agriculture
October 13, 2022
… 13 October 2022The World Bank’s private sector arm – the IFC – must stop financing industrial agriculture13th October, 2022Dear …
Pulling the ‘cotton’ over Uzbek eyes at latest EBRD investment
January 26, 2021
On 27 January 2021 the EBRD expects its Board of Directors to approve a loan of USD 70 million to Indorama Agro for the development of the cotton farming sector in Uzbekistan.
Comments on the draft EBRD Agribusiness Sector Strategy
September 12, 2018
These comments focus on the sustainability of EBRD investments, the need for better governance in the sector (both corporate and institutional), on issues that the draft Strategy is missing and needs to include or define better. While the draft inclu
Hoe fris is de Oekraïense plofkip?
August 22, 2018
Pluimvee: Oekraïense pluimveegigant MHP krijgt publiek geld van ontwikkelingsbanken. De werkwijze van het bedrijf staat ter discussie. Source: Hoe fris is de Oekraïense plofkip?
MHP corporate support and biogas loans – an update from the field
June 19, 2018
With over half a billion euros from the EBRD and the IFC, the leading Ukrainian agribusiness giant has grown into a near monopolist in poultry production. The company’s poor track record of stakeholder engagement and accountability towards impacted vi
Charges brought against development banks over half a billion euros for Ukraine’s largest agribusiness firm
June 5, 2018
Prague, Kyiv, San Francisco – Three communities in the central Ukraine region of Vinnytsia have filed formal grievances at the World Bank and the European Bank for Reconstruction and Development, alleging that the industrial poultry giant Myronivsky Hliboproduct (MHP) has failed to ensure basic transparency regarding the environmental and health impacts at its ‘largest poultry farm in Europe’. [1]
Myronivsky Hliboproduct (MHP), Ukraine
April 16, 2018
The leading Ukrainian agribusiness giant has been enjoying generous support in public funds and national subsidies. With over half a billion euros from the EBRD, EIB and the IFC, Myronivsky Hliboproduct PJSC (MHP) has grown into a near monopolist in poultry production. While MHP’s vertically integrated model has contributed to its status as a leading Ukrainian agribusiness, the scale and nature of its business have also contributed to mounting concerns about its social and environmental impacts. These concerns are compounded by patterns of poor community consultation and a lack of information provided about MHP’s operations, leaving project-affected people guessing about the true impacts of its operations.
MHP stakeholder engagement
April 14, 2018
These written comments on MHP stakeholder engagement follow a meeting between Bankwatch/NECU and MHP on 7 April 2017. Bankwatch and NECU welcomed the opportunity to meet MHP, as well as the company’s stated intention to improve the way it conducts impa
Good project – bad implementation: MHP biogas
November 2, 2017
The project MHP Biogas is currently under consideration for approval by the EBRD Board of Directors. The project covers the construction of the greenfield 10 MW biogas plant in Vinnitsa region of Ukraine. The biogas plant is sought to help solve the pr
MHP: Is compliance with Ukrainian law satisfactory for the EBRD?
May 9, 2017
In spite of massive backing by public financial sources, Ukraine’s monopolist poultry producer does not implement relevant EU and EBRD standards, and the EBRD has said it is satisfied that the company’s operations are in compliance with national law, w
