Month: <span>September 2019</span>

Our Response to the Climate Bond Initiative’s Attempt to “Climatewash” Hydropower

As economic attractiveness of hydropower goes down world-wide, the sector seeks to find new sources of support. Climate funding is the single most promising opportunity for hydropower to continue ruining rivers and forests of the planet. Therefore, we at the RwB pay close attention to these developments and want to …

Asian Infrastructure Investment Bank (AIIB) intends to co-finance the Rogun Hydro in Tajikistan?

The AIIB announced that it is joining the ADB and EBRD in an effort to build a 76 kilometer road and a bridge in Tajikistan. One would wonder why three multilateral banks are needed for such a small ordinary task? The answer is simple – they are helping the Central …

Russian President Asked Enforcement Agencies to Save Baikal. Chinese Business is Worried…

On September 12 the President approved a list of instructions to ensure compliance with the Law on Lake Baikal’s conservation and environmental rehabilitation. The Government of the Russian Federation has been instructed to review issues pertaining to Russia’s compliance with its commitments on the conservation of Lake Baikal as a UNESCO World Natural Heritage site; the review of the activities of the interdepartmental commission on the conservation of Lake Baikal and improvement of its performance; …

HidroItuango: EPM Company Called to Appear Before War Crimes Tribunal in Colombia

Colombia’s war crimes tribunal will go to Medellin in October to learn why the city’s energy company EPM flooded an area where prosecutors were looking for hundreds of missing persons. The session will be the second in the city where Mayor Federico Gutierrez was reprimanded by the Special Jurisdiction for …

Threats to Freshwater Ecosystems, World Heritage and Global Conservation Efforts Must Be Removed From the EU Taxonomy

On Monday, September 16, the EU Commission of finance stops accepting comments on the second draft of the Technical report on “EU Taxonomy (of activities for sustainable development eligible for green funding)”. The report sets out the basis for a future EU taxonomy in legislation, contains technical screening criteria for 67 activities across …

River-Killng Russian-Chinese Pulp Mill Project Resurfaced at the Hong Kong Stock Exchange

We do have both good and bad news from the Amazar River -the uppermost tributary of the Amur-Heilong, which was blocked by dam for alleged needs of the Amazar Pulp and Saw Mill “Polaris”( 阿玛扎尔林浆一体化项目 ) – being built by Heilongjiang Xingbang International Investment Co。 ( 黑龙江兴邦国际资源投资股份有限公司 ) with support …