In early 2020, Cambodian authorities fast-tracked approval of two new coal plants. Soon after, they also signed a memorandum of understanding with the Lao Government committing to purchase energy imports from two proposed coal plants in southern Laos.
The Asian Infrastructure Investment Bank wants to mobilize private capital to meet infrastructure needs. But by harnessing the capital markets, the bank is entering dangerous territory – and putting people and the environment at risk.
While most of the world was sheltering in place due to the pandemic in March, a hundred families were uprooted from their lush, centuries-old village in western Guinea and relocated to a hilltop to make way for a bauxite mine, backed by the IFC.
When news broke in Asheville that the New Belgium Brewing Company was being sold to a multinational beer giant, local reporting noted the sizable pay-off the employee owners would receive.
The implications are terrifying. The global assessment report on biodiversity released by the United Nations In May warned that human economic activities, including those driving global warming.
Since the early 2000s, Chinese overseas investment has been driven by its formidable state machinery, financed by policy banks and developed in large part by state-owned enterprises (SOEs). China’s Belt and Road Initiative (BRI) continues this trend
This week the world’s biggest sugar producers, traders and buyers are gathering at a luxury hotel in Bangkok for “Bonsucro Global Week” to celebrate their journey to social and environmental sustainability.
Bonsucro, an industry-dominated multi-stake
This week the world’s biggest sugar producers, traders and buyers are gathering at a luxury hotel in Bangkok for “Bonsucro Global Week” to celebrate their journey to social and environmental sustainability.
The World Bank is having an existential crisis.
For decades, the bank was the premier development finance institution, doling out loans to developing countries without rival.
The World Bank was also a pioneer – though not always willingly – in cr
