Finance Risk Briefing, November 2020
This report by BankTrack is endorsed by the Africa Institute for Energy Governance (AFIEGO), Both ENDS, Just Share and Inclusive Development International. It outlines the risks the companies and banks could face from the EACOP.
Au milieu d’une crise sanitaire mondiale sans précédent, la Compagnie des Bauxites de Guinée (CBG), un client de la Société Financière Internationale (SFI) de la Banque Mondiale, a relocalisé le village de Hamdallaye dans la région de Boké en Guinée.
In the middle of a global public health emergency, Compagnie des Bauxites de Guinée (CBG), a client of the World Bank’s International Finance Corporation (IFC), relocated the village of Hamdallaye in the Boké region of Guinea.
Reflecting on Four Years of AIIB Projects
Time to Raise the Bar: Reflecting on Four Years of AIIB Projects looks at the bank’s portfolio and seeks to inform readers on where and how AIIB funds are flowing, in order to provide a solid grounding for those engaging in the public consultations on the ESF review.
Assessing Responsibility for the Xe Pian-Xe Namnoy Dam Collapse
“Reckless Endangerment: Assessing Responsibility for the Xe Pian-Xe Namnoy Dam Collapse, ”a joint report by Inclusive Development International and International Rivers, identifies the governments, corporations, banks and insurers that have backed the $1.02 billion project.
Can the IFC's New Green Equity Strategy Help End Indonesia's Dirty Coal Mines?
The report examines how the World Bank Group is quietly bankrolling some of Indonesia’s most destructive coal mining companies, despite instituting a virtual ban on coal financing in 2013.
The Case of Shwe Taung Cement
The report by Inclusive Development International, Bank Information Center Europe and Centre for Research on Multinational Corporations (SOMO), examines the case of the Shwe Taung Cement plant in Myanmar, which will soon commence a massive expansion.
How the AIIB can close the loophole on fossil fuels
The report, “Moving Beyond Rhetoric,” by Inclusive Development International and Bank Information Center Europe, warns of the implications of the Asian Infrastructure Investment Bank (AIIB) funding coal projects through financial intermediary investments.
The World Bank, International Investors and the Fight for Climate Justice in the Philippines
The report illustrates a key loophole in the World Bank’s Energy Policy from 2013, which forbids investments in coal projects, except in rare circumstances. The bank has not applied the policy to its investments in financial institutions, which now make up more than half of the IFC’s business.
How the World Bank Group and International Investors Can Stop the World's Most Dangerous Coal Plant
The report calls on these investors to use their leverage to halt the project. It urges the IFC, a substantial indirect backer of the project through its investments in Indian banks, to take a lead in coordinating a pushback among investors.