Civil society organizations demand reform of World Bank Group lending to private corporations

Submission by Civil Society Organizations to the International Finance Corporation

Commenting on The Social and Environmental Sustainability Policy, Performance Standards and Disclosure Policy

11 March 2010
 

Introduction

The undersigned civil society organizations have prepared this joint submission to provide an overview of many of our concerns related to IFC’s Policy on Social and Environmental Sustainability, the Performance Standards, related guidance documents, and the Disclosure Policy. We believe these concerns should be explored and addressed further through IFC’s current consultation and review process.

Letter to Canadian Fund Managers Re: Rosia Montana - November 8, 2002

November 8, 2002

Dear Fund Manager:

I am writing to call your attention to the controversy surrounding Gabriel Resources Ltd. and their proposed open cast gold mine in Romania. I am writing on behalf of the Halifax Initiative, a Canadian coalition of non-governmental organizations working together to monitor international financial institutions and their projects. Our members include Oxfam Canada, West Coast Environmental Law Association and Kairos Canada. We are also working closely with a coalition of people in Romania, actively opposing the proposed mine.
 
Your company may be considering investing in this project or may have already done so.  We are writing to highlight the risks involved in making such an investment in Gabriel Resources and the Rosia Montana mine.
 
(1) Commercial Risk

Press Release - Monday, June 5, 2000

INSTITUTE FOR POLICY STUDIES (USA) * URGEWALD (GERMANY) * REFORM THE WORLD BANK CAMPAIGN (ITALY) * GREEN GROUP (ITALIAN SENATE) * HALIFAX INITIATIVE (CANADA) * SIERRA CLUB (USA) * PROJECT UNDERGROUND (USA) * CENTER FOR INTERNATIONAL ENVIRONMENTAL LAW (USA) * ENVIRONMENTAL DEFENSE (USA)* RAINFOREST ACTION NETWORK (USA) * AMIS DE LA TERRE (FRANCE) * BANK INFORMATION CENTER (U

Media Advisory: November 9, 2006

Press Conference: Regulating the Activities of Canadian Mining Companies

Who?

  • José De Echave, CooperAcción, Peru
  • Thomas Akabzaa, Coordinator, Africa Initiative on Mining, Environment and Society, Ghana
  • Jacques Saramin Boengkih, Director, Agence Kanak de développement, New Caledonia

When?
Monday, November 13 at 12:45

Where?
Université du Québec à Montréal (UQAM), Amphitheatre SH-2800 200 Sherbrooke Street West

Press Responses: Tuesday, August 24, 2004

David Agren
The Ottawa Citizen

Tuesday, August 24, 2004

A Canadian mining company that struck a rich vein of gold in Transylvania has encountered strong opposition from environmental groups and local residents who are organizing an MTV-sponsored concert to try to thwart the development of a giant open-pit mine.

Organizers expect 2,000 protesters and fans to converge on Rosia Montana, a mineral-rich, but impoverished corner of western Romania this weekend for a concert headlined by hip-hop and alternative rock acts and a march to oppose to the project.

Press Responses: April 4, 2007

Adopt New Mining Guidelines:Report

Canada should adopt guidelines to improve transparency as well as the environmental and human rights practices of Canadian companies involved in extractive industries in the developing world, says a government-appointed advisory group. It says if these measures are adopted, Canada could become a world leader in Corporate Social Responsibility.

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