The newly proposed World Bank Safeguards – A paper tiger?
December 17, 2015
The social and environmental policies of the World Bank – commonly referred to as the ‘Safeguards’ – have been under review since 2012. In July 2015, as part of this review, the World Bank, released a second draft of the Safeguards for consultation and public comments.
European Ombudsman: EIB weakens EU efforts to strengthen rule of law
October 30, 2014
Brussels – In an unprecedented ruling this week, the European Ombudsman concluded at the end of an investigation into the EIB’s involvement with a road construction project in Bosnia and Herzegovina that the institution’s behaviour was “totally unacceptable” and it “risked putting into question the EU’s commitment for strengthening the rule of law in Bosnia and Herzegovina.”
Comments on the EBRD’s good governance policies drafts
March 6, 2014
The EBRD’s good governance policies include the Environmental and Social Policy (ESP), the Public Information Policy (PIP) and the Project Complaint Mechanism’s Rules of Procedure (PCM). Bankwatch has also submitted separate comments on the draft Rules of Procedure for the PCM.
In Albania, oil’s history casts long shadows over locals
February 21, 2014
The findings of a visit to the EBRD sponsored Patos Marinza oil field in Albania show how local development and investments in resource extraction often do not go hand in hand. The case provides valuable lessons for the revision of the EBRD’s safeguard policies.
