Article
Shell fails European Bank's funding requirements
The European Bank for Reconstruction and Development (EBRD) should continue to declare Shell’s Sakhalin II project in the Russian Far East as unfit for purpose because the project’s environmental and social standards are continually failing to meet the Bank’s funding preconditions, reveals a new WWF report...In particular the report found Shell’s Environmental Impact Assessment (EIA) to be seriously lacking and cites specific examples where their activities are causing damage to Sakhalin’s environment and local communities...