In abstaining, the U.S. representative cited concerns over the potential environmental consequences and an inadequate impact study of the mine plan.
The Board of Directors of both the European Bank for Reconstruction and Development (EBRD) and the World Bank Group (WBG) have approved funding for the Oyu Tolgoi (OT) copper/gold mine in Khanbogd, Mongolia last week, despite local and global resistance to the project.
In a General Comment on State obligations regarding the impact of the business sector on children’s rights adopted on February 6, 2013 the Committee on the Rights of the Child called on States Parties to ensure that their participation in International Financial Institutions is consistent with obligations under the Convention on the Rights of the Child. The Committee recommended that:
From January 28 to February 1, 2013, BIC and DAR, a Peruvian nonprofit, co-organized a Training Seminar on the Implementation of Social and Environmental Safeguards held in Washington, DC. Fourteen colleagues from eight countries in Central and South America (Bolivia, Colombia, Peru, Mexico, Honduras, Costa Rica, Guatemala and Panama) participated in the seminar. The seminar was designed as a three-day …
The World Bank‘s $4.1bn (£2.6bn) investments in forestry over the past 10 years have done little to reduce poverty, improve conservation, tackle climate change or benefit local communities in developing countries, a study by its own inspectors has found.
The Bank Information Center has just released a new study on the Kosovo water system. The study reflects concerns on the World Bank’s support for the proposed Kosovo Power Project (NKPP).
Bank Information Center coordinates sign-on letter to the World Bank regarding the need for explicit protections for children in the World Bank safeguards review process
The World Bank must take a stand on the International Day of Persons with Disabilities to become a leader in inclusive international development said the Disability and World Bank Safeguards Campaign, a partnership between the Lebanese Physical Handicapped Union and the Bank Information Center. For Immediate Release International Day of Persons with Disabilities World Bank: …
A network of Indonesian civil society organizations and indigenous peoples groups wrote to the Forest Investment Program (FIP) sub-committee that met in Istanbul early this week, urging members to prioritize legal reforms in the forestry sector. The sub-committee endorsed the Indonesian Plan while the substantive and process flaws remain intact.
U.S. Capital Energy’s Environmental Impact Assessment “consultation” in Sunday Wood, Belize was neither free nor fair. SATIIM, an indigenous organization in the country, has received World Bank grants investing in the management of Sarstoon Temash National Park, the proposed drilling site.