Multilateral Development Banks (MDBs) are publicly funded international financial institutions that fund large-scale development projects, such as dams, power plants, oil and gas pipelines, and mines through long-term loans, grants, technical assistance and advice to countries and private sector companies.
on Updated Analysis and Continued Opposition to Financing for Sakhalin II
15 NGOs
2 August 2007
In August 2007, the European Bank for Reconstruction and Development (EBRD) was considering financing the Sakhalin II oil and gas project. Some 15 environmental organisations wrote this updated analysis and renewed their call for the Bank to decline financing.
Between 2002 and 2005, The Corner House and its partners conducted fact-finding missions to areas along the route of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline to gather information about community expectations and opinions, impacts, and the consultation and land expropriation process carried out by the BTC consortium (led by British oil multinational BP) building the pipeline.
