Extractives

Land

News

Complaint filed against IFC funded Lafarge mining operation

Khasi indigenous people in Indian state of Meghalaya have filed a complaint with the CAO over illegal land infringement by French multinational Lafarge's Bangladeshi cement plant.

26 February 2014

Finance

Analysis

The IFIs in 2013: year in review

The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.

8 January 2014 | Review

IFI governance

News

US Congressional legislation threatens IMF and World Bank plans

US legislature’s spending bill blocks IMF governance reform, insists the World Bank pay reparations to communities that suffer human rights abuses, and bans US support for large dams or extractive projects in tropical forests.

23 January 2014

Environment

Analysis

A mine of controversy: World Bank push for large scale extractives

New concerns have been raised on the World Bank’s involvement in the Simandou mine in Guinea, including on the use of biodiversity offsets, while civil society has repeated unaddressed concerns on the Mongolia Oyu Tolgoi mine. Further concerns have been raised on mines in Dominican Republic, Peru and South Africa.

3 December 2013

Accountability

Analysis

World Bank "short-sighted and cross-eyed" on fossil fuels

As the World Bank released a new report on the impacts of climate change and is due to discuss its energy focus, it defended its engagement in fossil fuels, including the Kosovo coal power plant.

26 June 2013

Environment

News

Carbon capture

The World Bank has revealed details of its new climate change strategy, including promotion of carbon markets despite concerns from indigenous groups. While new conversations about the Bank's energy investments are anticipated, further criticisms were made over its involvement in fossil fuels and hydropower projects

8 April 2013

Environment

Commentary

Dr Kim, where is Mongolia's economic diversification?

In late February the World Bank's private sector arm, the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) boards decided to spearhead a $4 billion dollar syndicated loan to a copper, gold and silver mine located in the Gobi Desert in Mongolia. An increasing number of people believe that it is going to lead Mongolia to dependence on one product and one corporation, driving the country into deep insecurity.

8 April 2013 | Guest comment

Environment

News

IFC-funded mines: still courting controversy

Following a year of violence associated with IFC-funded mining projects, the IFC's mining investments in Guatemala, Mongolia, Peru and Colombia are still provoking controversy.

13 February 2013

Environment

News

Getting its hands dirty

As the World Bank president became more vocal about climate change, concerns remain about the Bank's involvement in fossil fuels, including projects in Mongolia and Central Asia, and questions have been raised about its accountability for hydro projects in India and Guatemala.

12 February 2013

Accountability

News

Inspection Panel examines Afghan mining project

The World Bank's Inspection Panel compliance body received two complaints in December relating to the Sustainable Development of Natural Resources Project in Afghanistan.

12 February 2013