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On Dec. 4, Ethiopia raised $1 billion from the initial sale of its first international sovereign bond issue. The bond sale was managed by JP Morgan Chase and Deutsche Bank AG.
The proceeds from the bonds will be used for a number of controversial dam projects that are linked to land and water grabs, forced resettlement and human rights abuses, and major reductions… read more >> | share >>
Brussels/Amsterdam, December 16 - Indonesian palm oil company Bumitama announced in September 2014 that it has terminated its contract with an illegal palm oil plantation in Borneo, from which it is no longer purchasing palm oil. This decision followed a public campaign by Milieudefensie / Friends of the Earth Netherlands and Friends of the Earth Europe, including… read more >> | share >>
More than 200 civil society organisations representing hundreds of thousands of people from 40+ countries, including BankTrack, and 76 leading human rights experts, are calling on ministers meeting in Lima to enshrine ‘human rights for all' in the… read more >> | share >>
The Environmental Paper Network and BankTrack have sent letters to 26 banks to express their concerns regarding the pulp and paper companies Asia Pacific Resources Limited (APRIL), Toba Pulp Lestari (TPL) and their sister companies under the conglomerate Royal Golden Eagle Group (RGE), due to their involvement… read more >> | share >>