IFC’s funding of Tata Ultra Mega powerplant in India will be under probe following the eligibility finding of a complaint lodged by fishing villagers.
Three civil society groups have filed a complaint with the World Bank’s Inspection Panel regarding the Bank’s studies for the Red Sea – Dead Sea Water Conveyance project that aims to divert water to the Dead Sea, which has been shrinking for years. The Requesters argue that the World Bank should be considering other alternatives which are less socially and environmentally harmful and that Palestinian civil society was not given the opportunity to participate adequately in the consultation process. Read the press release which was put out by the Requesters in July 2011.
Three weeks after receiving a complaint about the coal-based energy project, the IFC has agreed the case is eligible for inspection. The financial intermediary project raised several social and environmental issues.
263 non-governmental organizations from 51 countries submitted a letter yesterday urging the Prime Ministers of Lao PDR and Thailand to immediately cancel the proposed Xayaburi Dam on the Mekong River’s mainstream in Northern Laos.
NGOs and activists from around the world held rallies on Tuesday, March 1, in London, Paris, Berlin, Johannesburg, and elsewhere, in tandem with a worldwide social media campaign to demand that the World Bank finally put an end to fossil fuel lending.
NGOs challenge the institution at the 2010 Annual General Meetings of the World Bank and IMF in Washington, DC, October 6th through 10th.
Christian Aid highlights a record year for coal financing at the Bank: $4.4 billion in 2010. Dr. Alison Doig, Christian Aid’s Senior Advisor on Climate Change stated that “Christian Aid hopes the Bank’s new energy strategy, which it is currently preparing and which will guide its lending for the next decade, will fundamentally change its approach.”
On Wednesday, September 15, Chairman John Kerry presided over the committee hearing as the multilateral development banks request capital increases. Links to transcripts of the opening statements and testimonies follow.
Following the Inspection Panel’s decision to launch a full investigation into the recently approved loan to South African utility Eskom, South African and international CSOs called for the World Bank to learn from the loan as it reviews its Energy Strategy.
Global civil society rallies against MIGA endorsement for an Indonesian nickel mine project due to substantial social and environmental concerns.