AIIB’s Mandalika project in Indonesia force thousands to leave their homes “What can you do when they point guns at you?’’

A large-scale tourism project in Indonesia’s Lombok Island has become a nightmare for the coastal Indigenous Sasak communities. Hundreds of families have been forced by the government and armed security forces to leave their homes for temporary resettlements unfit to support their livelihoods, while others who stand up for their rights to land, a life… Continue reading AIIB’s Mandalika project in Indonesia force thousands to leave their homes “What can you do when they point guns at you?’’

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.

China’s BRI Bank Lacks Transparency

The Beijing-based Asian Infrastructure Investment Bank (AIIB) opened for business in 2016 and rapidly established itself as a major multilateral development institution. It now aims to become the world’s leading financier of large-scale infrastructure by 2021. But the bank first needs to raise its game regarding timely public disclosure of its projects’ environmental and social… Continue reading China’s BRI Bank Lacks Transparency

Project Syndicate: The AIIB’s Transparency Deficit

Transparency and public participation are paramount in mitigating the environmental and social risks of large-scale infrastructure projects. But the Beijing-based Asian Infrastructure Investment Bank is not heeding the message, even as the climate emergency and irreversible biodiversity loss reach critical levels. Read full story.