The World Bank and the IMF pledged their support to the “Extractive Industries Transparency Initiative” in statements made at a high-level conference in London on 17 June.
ICSID has ruled that it will not allow the public or media to participate in proceedings in which Bechtel is suing the people of Bolivia for $25 million.
Letter from Rt Hon Baroness Symons, UK Minister of State International Trade and Investment in response to NGO memorandum on the Baku-Ceyhan oil pipeline.
Questions about what advice MIGA provided to the Ethiopian government in its role as mediator in a $6m suit filed against the country by the Swiss multinational.
A British company has taken a case to the International Centre for the Settlement of Investment Disputes (ICSID) seeking
Bolivia provides further lessons from Bank-backed water privatisation.
Following a seven month trial, Canadian company Acres International was convicted on two counts of bribing an official to secure contracts for the Lesotho Highland Water Project, which received financing from the World Bank.
An agreement between oil multinationals and the government of Turkey for an IFC-backed pipeline exempts the companies from obligations under Turkish law that may threaten the project’s profits, including environmental, social and human rights legislation.
The Bank’s own Inspection Panel has backed many of the complaints by non-governmental organizations about a major oil pipeline in West Africa.