World Bank fallacy of better dams

  The World Bank continues to support and promote large hydropower against all evidence that its negative effects have never been mitigated in most known projects. From Laos to Mongolia  and  from Pakistan  to Georgia, the World Bank promotes the technology that brings destruction to living river ecosystems and livelihoods of local population. This article is about lessons from the South East Asia. The global rise of environmental activism against large dams in the 1990s has been increasingly countered in the new millennium through the promotion of so-called “sustainable hydropower.” The World ...

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The World Bank continues to support and promote large hydropower against all evidence that its negative effects have never been mitigated in most known projects. From Laos to Mongolia  and  from Pakistan  to Georgia, the World Bank promotes the technology that brings destruction to living river ecosystems and livelihoods of local population. This article is about lessons from the South East Asia.
The global rise of environmental activism against large dams in the 1990s has been increasingly countered in the new millennium through the promotion of so-called “sustainable hydropower.” The World …

Greening Silk Road » Solidarity »

INTERNATIONAL SUMMIT OF THE GREAT RIVERS OF THE WORLD:
“TAKING ACTION FOR WATER AND CLIMATE” was held 23-25 October 2017 – Capitoline Palace – Rome, ITALY
This international summit was organized by the Italian Ministry for the Environment, Land and Sea in partnership with the United Nations Economic Commission for Europe (UNECE), the International Network of Basin Organizations (INBO), the Global Alliances for Water and Climate (GAfWC) and Aquamadre.
It gathered the largest river basins in the world (more than 30 basins were present), which concern more than 100 countries, 45 delegations from …

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The IPO Prospectus that was made public over the weekend by the En+Group (ENPL) and contains numerous inconsistencies and omissions. In the relevant "Risks" and the "Health, Security and Environment" sections, the Prospectus does not disclose specific environmental and social risks related to exploitation of large hydropower- the spine bone of the Group’s business. However in less prominent parts the document finally contains recognition that the En+ causes negative impacts to the Lake Baikal, which is a World Heritage Site.

Map of Principle assets of the En+ (Source-Prospectus)
Earlier this …

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To: Donald Brydon, CBE,
Chairman of the London Stock Exchange Group
cc: CEO, Chief Risk Officer, key management officials.
Re: En+Group IPO
Dear Mr. Brydon:
We recently learned that the En+Group is preparing for IPO at London Stock Exchange. We recognize that, in principle, public listing could help the company to become more transparent and socially responsible. We are writing to raise concerns regarding the En+ Group’s ability to meet standard information disclosure requirements as this is an area this company is failing to strengthen.
We believe that a stock market listing could …

Angara River » Baikal Lake » Greening Silk Road »

As the En+ Group started trading at London Stock Exchange on November 3 and promised to disclose its prospectus “shortly”, we publish excerpts from an article in Forbes by Kenneth Raposa  written a day before the IPO. The RwB still hopes to learn how the  En+ risks associated with Lake Baikal World Heritage site are reflected in its prospectus and management plans.
Russian businessman Oleg Deripaska is finally getting his wish: his En+ Group will list on the London Stock Exchange. Even in a hyper-liquid market, the fact that this …

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