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Topic: RRR_River-related Risks

Greening Silk Road, Solidarity »

[12 Jan 2018 | Topics: ]

Good news came to us in the first days of this year from an unexpected source. Brazil officials announced  that the Government “should respect the views of civil society” and will abstain from new mega-dam building. This is a global trend that was theoretically predicted awhile ago and, hopefully,  is finally gaining momentum among strongest “DamNations”. Thus Brazil becomes the third BRICs country after China and Russia that limits large hydropower construction on its rivers.  Hey India, now it is Your turn!

· Brazil’s government this week announced a …

Greening Silk Road, Ob Basin, Ob River »

[3 Jan 2018 | Topics: ]

 
Yamal LNG shipping scenarios. Source: Novatek
More than a year has passed since several conservation NGOs addressed Chinese state banks (the China Development Bank (CDB), China Exim Bank, and the Silk Road Fund) raising deep concerns regarding environmental and social impacts of the Yamal LNG Project. We got no response either from Chinese financiers or from Chinese agencies overseeing  overseas investment. In December 2017 a case-study on this project was published by the Friends of the Earth US in a book "Investing in a green Belt&Road? Assessing implementation of China’s Green …

Greening Silk Road, Solidarity »

[30 Nov 2017 | Topics: ]

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 Tractebel (part of Engie ) and Gezhouba companies involved in this cases are well known to us from other dam sites in Eurasia. This short review is written to bring discussion from political speculations to basic questions about this immortal …

Angara River, Baikal Lake, Greening Silk Road, Yenisey Basin, Yenisey River »

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 …

Angara River, Baikal Lake, Featured, Greening Silk Road, Yenisey Basin »

[19 Oct 2017 | Topics: ]

“En+ Group transforms its huge clean energy resources to green metal and supplies it to fast-growing international markets.” Lord Baker. Chairman.
 
To: Donald Brydon, CBE, Chairman of the London Stock Exchange Group
To: Andrew Bailey, Chief Executive, UK Financial Conduct Authority
To: Rt Hon Lord Barker of Battle PC, Chairman of the Board, En+Group

Re: Environmental and Social Risks to be Considered When Listing the En+Group at the LSE
We appeal to You in response to the news that the En+Group Plc. plans to hold an IPO at the London Stock Exchange. We …