Press Release - Thursday, February 12, 2004
High Level World Bank Review calls for the phase out of World Bank involvement in oil exploitation and coal mining
Bank Management to ignore recommendations says leaked report
(Ottawa) February 9th, 2004 -- Conforming to industry’s desires, the World Bank management is pushing to have its Board of Directors reject the recommendations of an independent review of its performance in the oil, coal, and mining sectors, according to a leaked report. The World Bank’s Management Response to the Extractive Industries Review (EIR) was leaked last week.
High Level World Bank Review calls for the phase out of World Bank involvement in oil exploitation and coal mining
Bank Management to ignore recommendations says leaked report
Comments to the Auditor General on the review of EDC's Environmental Review Directive (January 2004)
EDC’s Commitments to the Environment
Letter to IFC which is a rebuttal to the IFC's dism
The Baku-Tbilisi-Ceyhan oil pipeline project is likely to go to the World Bank Board of Directors on October 30, 2003. A review of the Environmental Impact Assessment shows it in violation of almost all of World Bank policies.
Letter to Marcel Masse, Canadian Executive Director of the World Bank Group
ACTION ALERT
Support an effort to get the World Bank out of financing destructive oil, gas and mining projects.
ECA-WATCH PRESS RELEASE
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Significantly destructive projects that violate host country law, international environmental standards and international human rights and labor laws continue to be considered and supported by ECAs. "Race to the Bottom, Take II: An Assessment of Sustainable Development Achievements of ECA-Supported Projects Two Years After OECD Common Approaches Rev 6" presents a civil society proposal for reforming the OECD Common Approaches on Environment and supports the proposal with nine case studies of ECA-backed projects from all over the world.
The projects include the Aracruz Pulp and Paper Factory in Brazil, the BTC pipeline in Azerbaijan, Georgia and Turkey, the Bujagili dam in Uganda, the Camisea oil and gas project in Peru, the Cernavoda 2 Nuclear Reactor in Romania, the Sakhalin II oil and gas project in the Russian Far East, the Sepon Gold and Copper mine in Lao, the Tehri dam in India.