Guest post: EBRD financed Ukrainian agribusiness causes local insecurities
October 28, 2013
Environmental groups in Ukraine have highlighted the negative local impacts of one of the biggest agribusinesses in the country, MHP, that is in line to receive additional credit by the European Bank for Reconstruction and Development.
Fair treatment is a long time coming at Serbia’s Kolubara lignite mine
May 13, 2013
People from the Kolubara mine basin in Serbia have many stories to tell about the hardships they face due to the lignite mining operations. Serbian Bankwatcher Nikola Perusic adds his account to two stories in the guardian and in Bankwatch Mail 56.
Rio Tinto’s responsibilities in Mongolia extend beyond shareholders
February 15, 2013
New civil society recommendations for the Oyu Tolgoi mine in Mongolia illustrate that much more than the bottom line needs to be considered to avoid development at the expense of local communities.
First major project in Egypt reveals transparency oversight by European public banks
November 13, 2012
A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly cursory and superficial.
The EBRD in Mongolia: Economic diversity is something else
September 18, 2012
Investment data for Mongolia illustrates that without improving the European Bank for Reconstruction and Development’s plans for the mining sector, the bank may add to the dependence on raw materials exports in resource rich countries.
Hydro power plants endanger the Balkan lynx in Macedonia
June 5, 2012
A fact-finding mission to Macedonia has confirmed our concerns that two planned hydro power plants are set to destroy important natural habitats in the Mavrovo National Park.
Out of left field: A Kyrgyz inspiration for the EBRD
February 23, 2012
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.
Earth’s riches, people’s troubles. Mining in Central Asia
January 31, 2012
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.
Kumtor gold facilities, Kyrgyzstan: Comments on water, environmental and related issues
January 31, 2012
This report, authored by hydrogeologist and geochemist Dr. Robert Moran, reveals that Canadian company Centerra Gold, owner and operator of the Kumtor gold mine, has been contaminating local waters and glaciers while hiding evidence of such negative impacts from public oversight.
