“On Lombok Island, civil society groups said thousands of people were forcibly evicted from their ancestral land without adequate compensation to make way for the Mandalika project.”
Tag: AIIB
Wirtschafts Woche: While climate protection is being talked about, a new hotspot for mass tourism is being developed
G20 summit will take place in the holiday paradise of Bali from November 15 to November 16, 2022. Host country Indonesia has an ambitious strategy for the tourism sector: “Ten new Balis” are to be built. Satellite images from the neighboring island of Lombok show how vehemently investors and authorities are pushing through the mega-projects.“… Continue reading Wirtschafts Woche: While climate protection is being talked about, a new hotspot for mass tourism is being developed
Indonesian civil society calls for the cancellation of the World Superbike event to honours victims of forced evictions who have yet to receive compensation and resettlement
In response to the World Superbike Event held at the Mandalika International Street Circuit, Lombok “Impoverished Indigenous Sasak communities continue to be intimidated into giving up their ancestral lands in Mandalika (Lombok, Indonesia), the World Superbike event should be canceled to honor thousands of victims of forced evictions who have yet to receive adequate compensation… Continue reading Indonesian civil society calls for the cancellation of the World Superbike event to honours victims of forced evictions who have yet to receive compensation and resettlement
The Beijing-led Asian Infrastructure Investment Bank (AIIB) opened for business in 2016 and rapidly became a major actor in global finance
By the end of 2020, the AIIB could count 102 approved member countries. The participation of Europe’s largest economies as founding members of the AIIB was critical to the AIIB obtaining a triple-A credit rating from the world’s leading rating agencies. This paper provides an overview of the institution’s close alignment with China and the… Continue reading The Beijing-led Asian Infrastructure Investment Bank (AIIB) opened for business in 2016 and rapidly became a major actor in global finance
Mongabay: U.N., rights groups flag potential violations in $3b Indonesian tourism project
By providing core finance for the project, AIIB must take responsibility for its complicity in bankrolling the Mandalika project, where its client and project proponents have been implicated in inflicting human rights violations and fueling land conflicts.
Civil Society Response to AIIB Call for Input on the Energy Sector Strategy Update
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.
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
BenarNews: UN raises human rights concerns for Beijing-based AIIB’s standalone Mandalika project in Indonesia
UN human rights experts raise serious concerns about a large-scale tourism project in Mandalika, Indonesia. “Where is accountability?” ask project affected communities in an article published by BenarNews. Wawa Wang, Just Finance’s program director, points to gaps in the funder Asia Infrastructure Investments Bank (AIIB)’s environmental and social framework system as partly to blame for… Continue reading BenarNews: UN raises human rights concerns for Beijing-based AIIB’s standalone Mandalika project in Indonesia
UN experts flag rights concerns over $3bln tourism project
UN human rights experts today urged the Indonesian Government to respect human rights and the rule of law amid reports that a US$3 billion tourism project on Lombok island has involved aggressive land grabs, forced evictions of Sasak indigenous peoples, and intimidation and threats against human rights defenders. Read More
Vedvarende Energi: Asian Investment Bank risk to weaken international standards
Several western and European countries have co-funded The Asian Infrastructure and Investment Bank (AIIB). But the bank’s policies are too weak and there is a risk it will jeopardize international bank standards, warns Vedvarende Energi. Continue Reading