Financial Intermediary Lending

News & Updates

Report Shines a Light on Hidden Backers of World’s Most Destructive Coal Project

(October 12, 2017) – Some of the biggest players in global finance are quietly backing the world’s most dangerous coal plant, according to an investigative report released today. International investors are enabling and profiting from the proposed Rampal plant in

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World Bank Fueling Climate Change, Philippine Groups Allege in Historic Complaint

(Washington DC, October 11, 2017) - More than 100 citizen groups and affected communities in the Philippines today filed a historic complaint against the International Finance Corporation (IFC), the World Bank’s private-sector arm. The complaint accuses the IFC of fueling

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Thai human rights body hears complaints against Tanintharyi coal mine

YANGON —Thailand’s National Human Rights Commission conducted an initial hearing of complaints against Ban Chaung coal mining project in Tanintharyi Region’s Dawei Township on Monday. In June, 135 locals from villages in the project’s vicinity filed a complaint with the commission, urging them to investigate the activities of Thai mining firms East Star Co, Thai Asset Mining Co and Energy Earth PCL.

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Thai investors urged to focus on human rights abroad

Thai overseas investors have been urged to respect human rights wherever they are doing business and work closely with the National Human Rights Commission (NHRC). Agencies that oversee direct investment in other countries met yesterday with the NHRC to report on their progress relating to Cabinet resolutions issued on May 16, 2016 and May 2, 2017, which called for Thai foreign investors to respect and protect the human rights of local people.

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Vietnam rubber firm reaches accord with Ratanakkiri ethnic villages, Phnom Penh Post

In an agreement mediated by the International Finance Corporation’s watchdog mechanism, a controversial Vietnamese rubber firm has reached a deal with 11 ethnic minority villages affected by its Ratanakkiri operations to return nearly 20 community “spirit mountains”, restore streams filled

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Karen communities in Myanmar file complaint with Thai Human Rights Commission: Stop harmful coal mine

(June 19, 2017) – Representatives of indigenous Karen communities in Myanmar this week filed a complaint with the National Human Rights Commission of Thailand alleging human rights violations resulting from the activities of Thai companies operating an open-pit coal mine.

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