Updated September 10, 2015*
Amsterdam/Ulaanbaatar/Prague - Last week, the independent accountability mechanism of the EBRD announced it will investigate *the Bank's compliance with its environmental and social standards at a mine it finances and is operated by Altain Khuder in the Gobi-Altai region of Mongolia. The investigation comes in response to a complaint filed to the EBRD’s Project Complaint Mechanism (PCM) in December 2014 from herders affected by the project.