Colombia: NGOs ask World Bank to divest from Eco Oro Minerals project over concerns about access to water

Author: Aida-Americas, Published on: 7 November 2016

“Civil society urges World Bank to withdraw funding from Colombian mining project”

Páramo de Santurbán, Colombia

A coalition of civil society organizations met at World Bank headquarters last week to demand that the International Finance Corporation (IFC), a member of the World Bank Group, withdraw its investment in Eco Oro Minerals'Angostura mine. The proposed gold-mining project would be located in Colombia’s Santurbán Páramo, a high-Andean ecosystem that supplies drinking water to more than two million people…The organizations also delivered a petition, signed by thousands of people from throughout the Americas, calling on IFC to withdraw its investment immediately…To present their demand, the organizations met with representatives of the IFC. They are also meeting with members of Congress and representatives of the US Department of State to discuss the situation in the Santurbán páramo and the risks its defenders face…The Committee for the Defense of Water and Páramo of Santurbán led the coalition, with support from the Center for International Environmental Law (CIEL), the Interamerican Association of Environmental Defense (AIDA), the Center for Research on Multinational Corporations (SOMO), and MiningWatch Canada.

Read the full post here

Related companies: Eco Oro Minerals (formerly Greystar Resources)