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 EDC President - May 29, 2002

May 29, 2002

Mr. Ian Gillespie
President and Chief Executive Officer
Export Development Canada
151 O’Connor
Ottawa, Ontario
K1A 1K3

Dear Mr. Gillespie:

I am writing you today on behalf of the NGO Working Group on Export Development Canada to ask if Export Development Canada (EDC) is considering supporting the following projects:

1.   Alumysa aluminum smelter in southern Chile (Noranda)

2.   Tambo Grande gold mine in Peru (Manhattan Minerals)

3.   Rosia Montana Gold Corporation gold mine in Romania (80% owned by Gabriel Resources Canada)

International CSOs Comment on Draft IFC Policies

COMMENTS ON IFC’S CONSULTATION DRAFTS OF THE IFC SUSTAINABILITY POLICY AND PERFORMANCE STANDARDS AND DISCLOSURE POLICY

AUGUST 27, 2010

General Observations

The undersigned civil society organizations believe the latest drafts of the Sustainability Policy, Performance Standards, and Disclosure Policy respond usefully to some issues raised previously by many civil society organizations, including, for example, several issues related to gender, resettlement, and climate change.  Many of our most significant concerns, however, remain unaddressed, including centrally important issues related to due diligence, transparency, and accountability, and other issues related to substantive concerns.

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

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