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?’’

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

China Dialogue:Coal-powered industrial parks test Indonesia’s climate pledges – and China’s too

Industrial parks at three of Indonesia’s nickel hotspots – Obi Island, Morowali and Weda Bay – aim to have 14 coal power plants with 71 turbines, totalling 12,579 MW, according to GEM data. That’s more than double the 6,109 MW of captive power the nation’s nickel industry already has in operation. Tsingshan, which runs the… Continue reading China Dialogue:Coal-powered industrial parks test Indonesia’s climate pledges – and China’s too

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.

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

Syv internationale NGO’er dumper AIIB’s nye forslag til krav om sociale- og miljømæssige vurderinger

VedvarendeEnergi har sammen med seks andre internationale organisationer indsendt en kommentar til AIIB’s nye krav om sociale og miljømæssige vurderinger i forbindelse med investeringer i energiprojekter. Gennemsigtighed i projektprocessen er stadig et stort problem, især for udsatte grupper i samfundet. nvesteringsprojekter kan være problematiske – især hvis ikke påvirkede grupper har mulighed for at påvirke… Continue reading Syv internationale NGO’er dumper AIIB’s nye forslag til krav om sociale- og miljømæssige vurderinger