The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.
View all articles
View all articles
View all articles
Georgia
Environment
News
Georgia puts BP pipeline project on hold
The Georgian government has put a two week halt on BP's controversial Caspian oil pipeline project citing a breach of the environmental permit and other security concerns
Private Sector
Commentary
Baku-Tbilisi-Ceyhan pipeline
Around the world, when politics and money prevail, the environment is the last issue considered.…
Other news
Accountability
News
CAO accepts complaint related to MIGA guarantee for TANAP
Complaint is latest in a series of environmental & social concerns raised about Southern Gas Corridor
Finance
Background
Economic impact of IMF programmes in low-income countries: civil society forum
Notes from a civil society forum on economic impact of IMF programmes in low-income countries, 10 October 2013
Private Sector
News
Leak reveals Bank oil pipeline threat to pillar of Georgian economy
Friends of the Earth has obtained clear evidence of the risks the proposed Baku-Tbilisi-Ceyhan (BTC)…
Rights
News
Romania forestry program criticised
In December the CEE Bankwatch Network asked the Bank’s Board to delay approval of the Romania Forest Development Program.
Private Sector
News
BP mega oil project may get “big bucks” from WB
Despite threats to the environment and fears of over-dependence on oil market vagaries, BP may receive as much as $500 million from the World Bank to build an 1,100 mile trans-Caucasus pipeline.
Environment
News
Georgia National Park concern
NGOs have written to the World Bank complaining about the contradictions between its support for oil pipelines, harbours, refineries and oil terminals which may threaten a national park protected under a previous Bank loan.
