21 min
The EBRD wants to expand mining to drive the green transition. But has it learned from its past mistakes? The Bankwatch Podcast
-
- Non-Profit
The European Bank for Reconstruction and Development (EBRD) is set to adopt a new mining strategy for 2024-2028. In a draft document, the Bank announced its intention to increase investments in the sector, as more critical raw materials are needed for the green transition. But given the mining industry’s appalling history of environmental pollution, human rights abuses and reprisals against activists, the EBRD must do much more to prevent harm and reduce demand.
Read about the problematic mining cases that Bankwatch has monitored in the past: Amulsar gold mine, Adriatic metals, Oyu Tolgoi.
The European Bank for Reconstruction and Development (EBRD) is set to adopt a new mining strategy for 2024-2028. In a draft document, the Bank announced its intention to increase investments in the sector, as more critical raw materials are needed for the green transition. But given the mining industry’s appalling history of environmental pollution, human rights abuses and reprisals against activists, the EBRD must do much more to prevent harm and reduce demand.
Read about the problematic mining cases that Bankwatch has monitored in the past: Amulsar gold mine, Adriatic metals, Oyu Tolgoi.
21 min