Entries by Web Admin

Open Letter to Presiden World Bank and IFC

Dear World Bank President Kim and IFC President Le Houérou, We are writing to you with deep concerns about a number of World Bank and IFC-supported Indonesian Infrastructure funds, financial intermediaries, and projects, including on-going investments and support (including for coal mega-power plants), as well as projects in the pipeline and planned for Board vote, […]

Fellow Honduran activist Nelson García murdered days after Berta Cáceres

The murder of another member of Berta Cáceres’ activist organisation Copinh comes amid growing fears for the safety of her colleagues and family members Hundreds gathered for the funeral of murdered indigenous activist Berta Cáceres, in La Esperanza on 5 March 2016. Photograph: Orlando Sierra/AFP/Getty Images Another indigenous activist has been murdered in Honduras amid an escalating […]

The World Bank is supposed to help the poor. So why is it bankrolling oligarchs?

A mile north of the chaotic heart of downtown Rangoon, where electrical wires dangle haphazardly overhead and street vendors hawk roasted pig intestines, sits an upscale complex of 240 luxury residences overlooking the iconic Shwedagon Pagoda and a serene man-made lake. Marketed to wealthy expatriates and foreign businesspeople on extended stays in Burma’s bustling commercial capital, the newly […]

In Borneo’s Ruined Forests, Nomads Have Nowhere to Go

The island’s hunter-gatherers are losing their home to the unquenchable global demand for timber and palm oil By Alex Shoumatoff; Photographs by Varial SMITHSONIAN MAGAZINE MARCH 2016 There’s a magic moment in the tropics, 15 minutes before sunset, when the horizontal shafts of the sinking sun filter through the surface vapor. The foliage turns iridescent blue […]

[Bloomberg] Indonesia to Make Green Financing Compulsory for Banks by 2018

Chanyaporn Chanjaroen Yudith Ho yudithho November 23, 2015 — 4:50 PM WIB Indonesia’s financial regulator will introduce rules to restrict banks’ lending to environmentally-damaging projects by 2018, which may eventually help the nation curb the forest fires that choke parts of Southeast Asia with thick haze for months each year. The Financial Services Authority, known locally […]

Press Release: Human Rights groups call for palm oil moratorium in Palawan, Philippines

11 November, 2015 ***Press Information for Immediate Release: 11th November 2015*** Human Rights groups call for palm oil moratorium in Palawan, Philippines: End land grabs and forest destruction now! Puerto Princesa: 11th November 2015 A recent fact-finding mission by regional human rights groups in the south-western island of Palawan, the last ecological frontier of the […]