Month: <span>November 2017</span>

Budhi Gandaki Hydro in Nepal: BRI Project from the Previous Century

This is a quick snap-shot  developed by Eugene Simonov of the Rivers without Boundaries International Coalition (RwB) who visited planned reservoir bottom in September 2017. At the RwB we often encounter 50-60-year old dam designs being revived in completely new circumstances of the "Belt and Road Initiative"(BRI) of China. Besides …

TAKING ACTION FOR WATER AND CLIMATE AHEAD OF THE BONN COP

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 …

During the IPO in London the En+ Group acknowledged its harm to Lake Baikal World Heritage site

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 …

En+ Group IPO and Lake Baikal World Heritage Site

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 …

En+ Group (ENPL) dismisses accusations of Lake Baikal mismanagement and sells the World Heritage in London for USD 1.5 billion

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 …