Ending the secrecy culture in public finance
Development finance is meant to benefit communities, climate and environment. Yet it often enables some of the most destructive activities on the planet.
Ill-conceived, large-scale infrastructure projects—many of which are funded by public taxpayer money—are compounding the climate emergency and the alarming loss of our world’s biodiversity. International financial institutions and global investors continue to approve their plans and bankroll their construction—from fossil-fuel-power plants that will generate greenhouse gases and pollution for decades, to large hydro-power dams, mining projects and export corridors that slice through some of the world’s few remaining nature preserves.
Through our campaigns across three continents, Just Finance International ensures that government-mandated finance and the flow of global capital are held to their intended purpose. Our mission is to minimize development’s harmful footprints, advocate for climate and ecological justice, and protect the rights of resource-dependent communities.
What we work on:
Chinese mega dam displaces Ugandan families
A decade in the works, construction of the Karuma dam has stripped communities in Uganda’s Nile delta of their land, homes, and livelihoods. Deprived of basic water and electricity access, hundreds continue to wait for relocation.
Serbian village left to suffer as Chinese-backed coal mine expands
Serbia’s Drmno coal mine is expanding rapidly without any assessment of its tolls on the area. Nearby houses are collapsing into the open cast mine. Windblown dust from toxic coal ash heaps shroud the local villagers in darkness.
Impoverishment and human rights violations accrue in AIIB-funded Mandalika project
Indigenous communities, reliant on land and coastal resources, face ongoing socio-economic hardships due to a development project implemented without their consent. Extensive survey testimonies expose Indonesian state security’s systematic intimidation in executing the Mandalika project.
Just Finance International responds to TotalEnergies’ comments
In December 2022, TotalEnergies submitted several misleading comments in response JFI’s report, Risk of poverty after land acquisitions for Uganda’s mega oil pipeline to the Business and Human Rights Centre website. Together with our Ugandan partner, the Environment Governance Institute, JFI set the record straight.
“What can you do when they point guns at you?’’: Thousands in Indonesia’s Lombok Island forced to leave their homes
Government and armed security forces evict Indigenous Sasak communities from their coastal villages into unfit, temporary resettlements. Financed by the AIIB, the large-scale Mandalika tourism project exposes many to ongoing intimidation and reprisals.
NGOs Demand End to AIIB Financing of Indonesian Tourism Project
The Coalition for Monitoring Indonesia’s Infrastructure Development and supporting NGOs call on the Asian Infrastructure Investment Bank (AIIB), the Indonesia Tourism Development Corporation (ITDC) and the Indonesian Government to stop AIIB financing for the quarter-billion dollar Mandalika Urban Development and Tourism Project. A letter, from Olivier De Schutter, the UN Special Rapporteur on extreme poverty and human rights, questions the AIIB, ITDC and the government of Indonesia over alleged human rights violations in connection to the project.
Beijing-led AIIB amasses influence while dodging accountability
The influential institution’s resistance to transparency, centralization of decision-making authority and close alignment with the Chinese state threatens to weaken important global development standards.
Local residents at risk after China’s Zijin triples production in Serbia
Bor, in north-eastern Serbia, is one of the country’s most polluted cities. While local people protest their toxic air and water, Chinese mining company Zijin, which runs the city’s large-scale copper mining and smelting complex, is expanding its operations without permits, local consent or transparency.
Deceptive feasibility studies for new coal power plants in Bosnia and Herzegovina
Three new coal power plants are planned in Bosnia Herzegovina, all potentially financed by Chinese companies. Just Finance has examined the assessments for Tuzla 7 and Ugljevik III, and found 11 serious errors or false assumptions in the pre-studies.
Our Work
Read more about the work and mission of Just Finance International.
News
Stay updated and read the latest news from Just Finance International.
Contact
Get in touch with Just Finance International or send us a suggestion.