Make mining in Mongolia sustainable
Mongolia has one of the world’s fastest growing economies because of the minerals it owns, but nearly a third of the population still lives in poverty. It could become one of those countries that suddenly became very wealthy but its people remained very poor, the so-called ‘resource curse.’
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Mongolia has one of the world’s fastest growing economies because of the minerals it owns, but nearly a third of the population still lives in poverty. It could become one of those countries that suddenly became very wealthy but its people remained very poor, the so-called ‘resource curse.’
You can help break that curse, by calling on investors to respect the local population.
The World Bank and European Bank for Reconstruction and Development will soon decide whether to fund a massive gold and copper mine in the Gobi Desert that could generate billions in revenues for the country. In its current shape, the project will damage the environment and destroy the livelihoods of the local people that call the area near the mine home.
But there is still hope! We must convince the banks to improve the project by including measures that protect the climate, biodiversity and water for the people who rely most on those resources.