World Bank client backs out of EACOP after risk assessment
Britam Holdings, a leading East African insurance group and client of the World Bank’s International Finance Corporation (IFC), has decided not to participate in underwriting the planned East African Crude Oil Pipeline (EACOP) after conducting a review of the environmental and social risks involved. This is a major blow to project developers, including TotalEnergies and […]
Analysis: Development banks under pressure to compensate harmed communities
China-backed mine in Indonesia poses high risk, World Bank watchdog warns
IFC warns of collapse risk for Sumatra tailings dam
Bank Dunia mengatakan tambang Sumatera Utara menimbulkan risiko “ekstrim”
Investigasi Bank Dunia telah menyimpulkan bahwa tambang seng dan timah yang sedang dikembangkan di Sumatera Utara, Indonesia oleh Dairi Prima Mineral, anak perusahaan dari China Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC) menghadapkan komunitas sekitar dengan “risiko ekstrem” Yang menjadi perhatian khusus adalah bendungan tailing yang dirancang ini dimaksudkan untuk menyimpan produk sampingan beracun […]
World Bank watchdog says North Sumatra mine poses “extreme” risks
>> Read this release in Indonesian A World Bank investigation has concluded that a zinc and lead mine being developed in North Sumatra, Indonesia by Dairi Prima Mineral, a subsidiary of China Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC), poses “extreme” risks to nearby communities. Of particular concern is a planned tailings dam meant […]
The World Bank is blocking the way to renewable energy transition
Can the International Finance Corporation fix what it broke?
10 Essentials for a ‘Truly Green’ Green Equity Approach
