A new website with inspiring stories of local sustainable initiatives shows the very real change that small-scale projects can make for local communities.
By putting too much trust in its client EPS, the EBRD failed to notice that an important grievance mechanism for villagers near the mine was not in place - for two years. [*]
Croatia's new Law on Strategic Investments does not bode well for the sustainable use of EU funds in Croatia now that the country has become an EU member state.
A Croation winner of Bankwatch's Better Ideas contest for sustainable EU Funds has just begun implementing their project. The positive responses from their community and the successful start illustrate that "small is beautiful" can also apply to Cohesion Policy.
Friends of the Earth Europe's new film, documenting the efforts of local communities in Madagascar to protect their island home from tar sands development, was premiered in Europe last week at the European Parliament in Strasbourg.
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.
Earlier this week we published an overview of two Central Asian mining projects financed by the European Bank for Reconstruction and Development - the Kumtor gold mine in Kyrgyzstan and the Ukhaa Khudag coal mine in Mongolia's south Gobi desert, which is part of the much larger - in fact the world's largest - coal deposit at Tavan Tolgoi.
A look at mining projects in Kyrgyzstan and Mongolia reveal a need to carefully revise the European Bank for Reconstruction and Development’s involvement in the exploitation of natural resources.
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