EcoLur
CEE Bankwatch international network circulated a statement, where the negative assessment was given to the policy of the European Bank for Reconstruction and Development in mining sector. The statement particularly says, "Those who followed our work over the EBRD activities in mining sector, know about our dissatisfaction with the bank's operation starting from enhancing independence of export of raw materials and aggravation of environmental problems and finishing with negative consequences for local communities. After having the policy of actions in mining sector approved, there are a number of problems not taken into consideration. For example, the link between the EBRD support of coal mining and impact of coal burning on climate…"
The approved policy of actions in mining aspect can’t serve as a basis for less harmful operations of the EBRD in mining sector. The document contains almost nothing, besides the expansion of the bank activities in the usual way. It also missed any proposals on the versions how to balance local population and environment, and instead emphasizes commercial benefits of mining corporations.
November 08, 2012 at 15:38