European Development Bank Funding of Feronia-PHC Oil Palm Plantations in the Democratic Republic of Congo
Jutta Kill
Campaigners from across Europe and the Democratic Republic of Congo (DRC) have published a new report chronicling one of the most scandalous failures of development bank investment in agriculture. The report details how Europe's largest development banks poured upwards of US$150 million into an oil palm plantation company in the DRC despite the company's land conflicts with communities and allegations of serious human rights violations and opaque financing made against it.
Nicholas Hildyard
The World Bank has invested almost a quarter of a billion dollars in Seven Energy, an oil and gas company operating in Nigeria. Months before the first investment was made, the then Governor of Nigeria's Central Bank alleged that the company's flagship contract involved operating a scheme that was looting billions of dollars in state revenues. A number of the people associated with the contract are now either on the run or charged with money laundering.
Institutionalised Corruption and Development Finance
Nicholas Hildyard
Many lawful, routine, accepted practices in today's economic system are regarded by the general public as corrupt. They have created a distorted, privatised vision of the “public interest” and represent a new trend of state capture by for-profit interests.
Fact-Finding Mission report on the Sardar Sarovar dam
In May 2014, the Indian government authorised the height of the controversial Sardar Sarovar dam on the Narmada river in central-western India to be raised. Thousands of people, villages and towns will be submerged. A Fact-Finding Mission report calls for construction work to be halted immediately until all those people affected have been appropriately resettled.
in Defence of Community Land and Religion against the Trans Thai-Malaysian Pipeline and Industrial Project (TTM) 2002-2008
Chana activists and others
For many years, Southern Thai Muslim communities have been fighting a destructive gas development backed by Barclays and other foreign banks that has violated their human, religious, environmental and land rights alike. In words and pictures, this book (now in an updated and revised edition) recounts their struggle.
How export credit agencies are offering new subsidies for destructive projects under the guise of environmental protection
ECA-Watch
Northern governments may grant more export credits for large dams by classifying them as "renewable energy". This report details the negative impacts of five large dams and one water privatisation scheme financed with export credits.
The Case for Strengthened Standards
Nicholas Hildyard, The Corner House, UK; and Eliah Gilfenbaum, Environmental Defense, USA
This paper documents new subsidies that ECAs may give for large dams; evaluates the accompanying standards that ECAs may require for dam projects; and identifies future ECA actions if funding for dams is not to have negative environmental and social impacts.
Corruption and the UK Export Credits Guarantee Department
Dr Susan Hawley
Institutional practices within the taxpayer-funded UK Export Credits Guarantee Department have exacerbated bribery and corruption by Western companies.
NGO Seminar on Reform of Export Credits Guarantee Department - Seminar Report
Sean Scannell, The Ilisu Dam Campaign
Summary of an NGO seminar held in the UK parliament to discuss Export Credit Agency reform.
The Final Report of a Fact-Finding Mission to the Ilisu Dam Region
Ilisu Dam Campaign; the Kurdish Human Rights Project; The Corner House; World Economy, Ecology and Development; Eye on SACE Campaign and Pacific Environment Research Center
The companies that want to build the controversial Ilisu Dam on the River Tigris in the Kurdish region of Southeast Turkey have sought financial backing from the export credit agencies (ECAs) of their countries. In January 1999, the ECAs attached four conditions to be met before they would issue export credits. During 9-16 October 2000, an international Fact Finding Mission of Non-Governmental Organisations from the UK, USA, Germany and Italy went to the region of the proposed dam to assess the Turkish government's progress meeting the four conditions.
The Record of Twelve European Dam Building Companies
Chris Lang, Nick Hildyard, Kate Geary and Matthew Grainger
European dam builders, suppliers and consultants continue to promote and export their technologies to the countries of the South. In doing so, they tend to ignore, misrepresent or downplay many of the negative environmental, social and economic impacts of large dams that have discredited the dam building industry in Europe. This report presents the track record of the major European companies involved in large dams, detailed by company and by dams in Turkey, Lesotho, Paraguay/Argentina/Brazil, Guatemala, Chile, India, Malaysia and China.
