The Coalition for Monitoring Indonesia’s Infrastructure Development and supporting NGOs today called 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, following a communication from the Special Procedures of the UN Human Rights Council.
The undersigned organizations have written collectively to the Asian Infrastructure Investment Bank to express their significant concerns about the highly limited call for public input on the draft updated text of the AIIB Energy Sector Strategy.
Another important issue with regard to the war on Ukraine: the World Bank Group’s finance involving Russia and Belarus. We support the efforts of CEE Bankwatch, Ukrainian NGO Ecoaction and Urgewald’s joint letter to WB Executive Directors, urging them to stop equity investments, trade finance and guarantees involving entities linked to Russia and Belarus.
In the situation of the ongoing social and political crisis in Belarus, the regime of Alexander Lukashenko, while demonstrating the practices of the occupying government in their own country, continues to use the resources of international inter-governmental financial systems for the purpose of retaining their own power.
One day before world leaders meet to discuss the energy transition at the United Nations High Level Dialogue on Energy, more than 200 civil society organizations (CSOs) from over 40 countries have released a statement calling on world leaders to end international public finance for coal, oil and gas. The statement points to International Energy… Continue reading 200+ CSOs call on world leaders to end public finance for fossil fuels in 2021
The pending announcement from the government to phase out fossil fuel in export finance is welcome, but not enough to help Denmark meet its climate goals. A study from Just Finance shows, with zero new fossil fuel projects in the Danish export credit agency EKF’s 2019, 2020 and 2021 portfolio, it will have a minor… Continue reading Denmark plans to phase-out fossil fuel support for export credits – whilst carbon intensive projects continue
Today, VedvarendeEnergi has along with 400 other organizations called on the EU and member states to pack up and leave the ECT by November’s UN climate summit. We belive that the Energy Charter Treaty protects investments in destructive fossil fuels, and lets energy companies sue states in corporate courts for acting on climate change. Therefore… Continue reading Enviromental Organizations: Leave The Energy Charter Treaty before COP26
Public statement by civil society organisations on the launch of the Export Finance for Future. Read More
We are encouraged by the Biden Administration’s initial steps to implement a ‘whole-of-government’ approach to the climate crisis, as set out in the January 27 “Executive Order on Tackling the Climate Crisis at Home and Abroad.” We are writing now to provide our recommendations on a critical piece of the international agenda described in the… Continue reading Open Letter to the Biden Administration
Comments to ‘Aligning UK international support for the cleanenergy transition’ public consultation. Read More