Social and economic impacts

Projects funded by international financial institutions can have devastating impacts on the lives and livelihoods of individuals and communities or be questionable from an socio-economic perspective.

See current campaigns below which monitor projects with a potential negative impact.

Search 'Social & economic impacts' projects by

Mining boom in Mongolia

With huge amounts of unexploited natural resources (gold, copper, coal and more) the Mongolian economy is estimated to grow massively in the years to come. But will it also benefit the people in Mongolia? Our work shows how mining operations lead to pollution and displacement for local herders and exacerbate water scarcity issues.

EBRD

Energy & climate

Social & economic impacts

Other harmful projects

Chelopech cyanide gold project, Bulgaria

The Chelopech cyanide mining project was proposed by the Canadian company Dundee Precious Metals (DPM) and its Bulgarian branch Chelopech Mining. It would have expanded metal extraction in the Chelopech gold and copper mine in Central Bulgaria through the introduction of cyanide leaching.

EBRD

Social & economic impacts

Other harmful projects

ArcelorMittal Kryvyi Rih, Ukraine

ArcelorMittal's enormous steel mill in southern Ukraine received a loan from the European Bank for Reconstruction and Development (EBRD) in 2006 that helped the company increase productivity and expand its market position but didn't do much to address the pollution caused by the mill.

EBRD

Energy & climate

Social & economic impacts

Mining