Letter to World Bank Canadian ED Re: Glamis Gold - January 13, 2005
January 13, 2005.
January 13, 2005.
PRESS RELEASE- ECA-Watch Campaign
December 03, 2001
Another one bites the dust :
OECD negotiations break down again
For the second time in three years, major international negotiations have broken down at the OECD. Then, it was the Multilateral Agreement on Investment, the “MAI”. This time, it is an attempt at negotiating common environmental guidelines for export credit agencies (ECAs), the world’s largest official financiers of environmentally and socially destructive projects in developing countries.
Oyu Tolgoi is an enormous copper and gold deposit in Mongolia. The project is jointly owned by Canadian company Turquoise Hill Resources and a state owned enterprise. According to the International Finance Corporation (IFC), estimated project cost is $12 billion. Project proponents seek financing from Export Development Canada, the IFC, the European Bank for Reconstruction and Development and the Multilateral Investment Guarantee Agency, among others. In this document, CSOs argue that the project does not comply with the IFC Performance Standards and provide a series of recommendations.
Government warned about risk of mining accidents overseas
Mining Abroad 'Morally Wrong': MPs
■ Alexa McDonough and British MP Steve Pound try to resurrect the call for Canada to enact social responsibility requirements.
By Chris Gillcash
NDP MP Alexa McDonough is calling on Canada to enact standards of corporate social responsibility in overseas mining operations following a trip to Honduras last week to investigate concerns that some Canadian companies working in Honduras are taking advantage of weak regulations and endangering local residents through environmental contamination.
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This analysis of the International Finance Corporation's (IFC) Sustainability Policy, Performance Standards and Disclosure Policy provides a brief overview of each policy and standard, where it goes beyond the previous safeguard policies, where it falls short, and what is missing in terms of addressing the extractives industries.
July 14, 2003
Friday, April 28, 2006
MEDIA RELEASE
For immediate release
Canada refuses to take responsibility for large dam disasters by ignoring World Commission recommendations
Ottawa, June 12, 2003 - Canada should implement the recommendations of the World Commission on Dams (WCD), rather than continuing to support such environmental and human rights debacles as China's Three Gorges dam and Colombia's Urra dam, argues a new report, released today by the NGO Working Group on the EDC.