Bankwatch

Archives for

Georgian public opinion backs the village of Kaishi in the Georgian mountains that defiantly defends its land and tradition against the planned Khudoni dam. The project promoters have now embarked on an all-out promotion campaign including a fake non-governmental organisation. by David Chipashvili, cross-posted from the Bankwatch blog Local communities that are demanding fair treatment… » read more

Posted by Bankwatch

The findings of a visit to the EBRD sponsored Patos Marinza oil field in Albania show how local development and investments in resource extraction often do not go hand in hand. The case provides valuable lessons for the revision of the EBRD’s safeguard policies. by David Hoffman, cross-posted from the Bankwatch blog I first visited… » read more

Posted by Bankwatch

The European Bank for Reconstruction and Development praises its own achievements in the agricultural sector. A look at Ukraine, however, reveals how sustainable food provision, local communities and the quality of soil are falling by the wayside with the bank’s focus on big industrial operations. by Natalie Kolomiets, cross-posted from the Bankwatch blog Over the… » read more

Posted by Bankwatch

by Sophie Delaval, cross-posted from the Bankwatch blog The EBRD’s board of directors yesterday approved a USD 20 million loan for the expansion of Nestlé Egypt food production company. Leaving aside the question whether Nestlé – one of the world’s largest companies from one of the world’s richest countries – really qualifies for multilateral development… » read more

Posted by Bankwatch

As activists pointed out at a consultation meeting in Tbilisi, Georgia’s hydropower sector has plenty of lessons to be learned by the European Bank for Reconstruction and Development. by David Chipashvili, cross-posted from the Bankwatch blog Yesterday in Tbilisi, during a public consultation on the good governance policies of the European Bank for Reconstruction and… » read more

Posted by Bankwatch