The Beijing-led Asian Infrastructure Investment Bank (AIIB): Global leader in infrastructure finance at what cost? The AIIB’s Approach to Transparency and Public Access to Information

The climate emergency and the alarming loss of the planet’s biodiversity are closely related to ill-conceived large scale infrastructure projects. These include power plants that generate greenhouse gas emissions for decades to come, large hydro dams, mining projects and export corridors that slice through the world’s remaining surviving wild areas and intact forests. In addition… Continue reading The Beijing-led Asian Infrastructure Investment Bank (AIIB): Global leader in infrastructure finance at what cost? The AIIB’s Approach to Transparency and Public Access to Information

Uprkos Xijevoj datoj riječi, Kina nije odustala od finansiranja termoelektrana na ugalj u Bosni i Hercegovini

Pišu: Wawa Wang i Nils Resare 30/11/2021 Mile Krstić očekuje novog komšiju. Svega nekoliko stotina metara dalje od njegove kuće, pripremljeno je zemljište za izgradnju nove termoelektrane u Ugljeviku, bloka III, koji će graditi kineske i poljsko-kineske firme. Krstićevu kuću odranije okružuje velika rudarska industrija u ovom gradu. TE Ugljevik blok I, koji slovi kao… Continue reading Uprkos Xijevoj datoj riječi, Kina nije odustala od finansiranja termoelektrana na ugalj u Bosni i Hercegovini

Deceptive feasibility studies for new coal power plants in Bosnia and Herzegovina

The contaminated ash from the Tuzla coal power plant is mixed with water and pumped out into a dessert-like field a few kilometres outside the city centre. Well-implemented environmental impact assessments and feasibility studies are crucial for governments to make fully informed decisions. Underestimating environmental impacts or miscalculating costs will not only undermine accountability, but… Continue reading Deceptive feasibility studies for new coal power plants in Bosnia and Herzegovina

Chinese coal power still in Bosnian pipeline

Mile Krstić is expecting a new neighbour: just a few hundred metres from his house, the ground has been prepared for the new coal-fired power station, Ugljevik III. His house is already surrounded by the city’s substantial coal industry: Ugljevik I, one of Europe’s most polluting coal fired station, are in front of it, and… Continue reading Chinese coal power still in Bosnian pipeline

Need for improved OECD environmental assessment standards and transparency

Just Finance International would like to seize this opportunity and suggest ways in which to improve how and when OECD members carry out environmental and social impact assessments (ESIAs). The latter determine the impact OECD projects would have on the climate and environment and form the basis of decision for whether a project may go ahead or not.

Adding coal to the fire

Our research on China’s new and ongoing international coal-fired power deals show that while project completion rate is on the decline, and the cancellation rate of projects in a number of countries has risen during the past year, there is a risk that over 3,645 megawatts of newly announced deals from 2021 in Bosnia and Herzegovina, Indonesia, the Philippines, and Serbia, as well as over 10 GW of planned projects in six countries across Europe, Asia and Africa may receive financing or at risk of getting built and put into operation.

The Beijing-led Asian Infrastructure Investment Bank: Global Leader in Infrastructure at What Cost?

In the run-up to the annual meeting of the Asian Infrastructure Investment Bank (AIIB) on October 26–28, the Heinrich Böll Foundation presents an analysis of what transparency requirements the AIIB has met following the review of its Environmental and Social Framework for financing.

An Open Letter : NGOs call on the AIIB Board not to approve sovereign financing to 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.

Serbia’s pollution crisis in pictures

Bor, in north-eastern Serbia, is one of the country’s most polluted cities. While citizens protest their dirty air and water, Chinese mining company Zijin, which runs the city’s large-scale copper mining and smelting complex, is expanding its operations. This unique picture essay by Nemanja Pančić captures the industrial landscape and pollution in Bor and its surrounds.

Chinese investments is undercutting Serbian Rule of law

Foreign direct investments and loans from China have in recent years enabled some of Serbia’s largest and most polluting infrastructure projects in coal, mining and transport sectors. These particular investments have been reported to be benefiting from practices that are nothing short of undercutting legal requirements specific to procurement, transparency and environmental permitting procedures.