European Bank for Reconstruction and Development

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Story
21 May 2018

Oxfam says survey shows companies in extractive sector increasingly adopting full contract disclosure policies

A recent survey by Oxfam reveals that companies in the oil, gas and mining sectors are increasingly adopting full contract disclosure policies. It urges more companies to adopt full contract disclosure policies, and proactively disclose contracts on...

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Story
13 February 2018

Armenia: Amulsar gold mine poses high risk of water contamination & adverse environmental impacts, say experts; inc. company & shareholders' responses

The report "Amulsar Gold Project: Overview of Concerns with the Amulsar Gold Project, Potential Consequences, and Recommendations" by independent experts argues the Amulsar gold mine project, owned by Lydian International, poses a high risk of long...

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Company response
13 February 2018

Response by European Bank for Reconstruction and Development (EBRD)

Author: European Bank for Reconstruction and Development (EBRD)

...The EBRD is a minority shareholder and has provided equity financing to Lydian International, which is earmarked for Environmental and Social Mitigation Measures including the financing of a biodiversity off set programme and the construction of...

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Article
12 February 2018

The record of intl. financial institutions on business & human rights

Author: Jessica Evans

"The Record of International Financial Institutions on Business and Human Rights," 2 May 2016...

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Company response
25 September 2017

Lydian International's response to article about IFC's divestment from Amulsar mine

Author: Lydian International

As part of the recently completed CAO investigation into IFC’s due diligence on the Amulsar project – the IFC has responded with the following statement:...

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Story
21 September 2017

IFC pulls out of Amulsar gold mine following complaints by NGOs & local residents over health concerns

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Article
5 September 2017

UK at centre of secret $3bn Azerbaijani money laundering and lobbying scheme

Author: The Guardian

Azerbaijan’s ruling elite operated a secret $2.9bn (£2.2bn) scheme to pay prominent Europeans, buy luxury goods and launder money through a network of opaque British companies, an investigation by the Guardian reveals. Leaked data shows that the...

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Story
5 September 2017

UK: Azerbaijani leadership, accused of human rights abuses, used British companies in money laundering & lobbying scheme, Guardian investigation reveals

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Article
18 April 2017

Investigation finds European Bank for Reconstruction & Development fails to respect labour rights in loan to Turkish tractor manufacturer

Author: Kirsten Genovese, SOMO (Netherlands)

"Investigation finds: European Development Bank fails to respect labor rights in Turkish investment"...

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Article
23 February 2017

Report: European Investment Bank allegedly fails to safeguard vulnerable groups, including refugees, in projects outside EU

Author: CEE Bankwatch Network & Counter Balance

"Here be dragons: How the EU bank's development finance overlooks people at risk", 18 November 2016...

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