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Open Appeal Toka Tindung
Equator call

Read the BankTrack publication 'Going round in circles', about 7 years of Equator Principles engagement between banks and NGO's

 

further resources
Civil society organizations demand reform of World Bank Group lending to business
Equator banks expected to follow suit
Washington DC, Mar 11 2010 | International Accountability Project, CIEL

Today, nearly 100 civil society organizations from 38 countries are demanding that World Bank Group lending to private corporations be much more responsive to environmental and social concerns.  A letter submitted to the director of the International Finance Corporation (IFC), Lars Thunell, describes that IFC's lack of transparency and supervision, failure to recognize human rights, and inadequate climate change policies, undermine IFC's ability to achieve its poverty alleviation mission. [1]

"IFC is becoming more like a commercial bank, but failing to incorporate lessons learned…read more


UK Taxpayers' money involved in financing controversial tar sands companies
Cashing in on Tar Sands: RBS, UK banks and Canada’s “blood oil”
London, Mar 1 2010 | Platform
New report exposes RBS involvement in Canada's "blood oil" Bank executives meet in Toronto and discuss concerns about public backlash over involvement in tar sands Environmental and development groups announce a week of protest around the RBS AGM in April over the bank's tar sands investments

It's…read more

Australian company Gunns' planned restructure vain attempt to avoid real reform
Tasmania, Feb 22 2010 | The Wilderness Society

Gunns Ltd's proposed restructure of its company in response to its abysmal financial performance is a vain attempt to hide its native forest logging operations from scrutiny by potential pulp-mill investors, according to the Wilderness Society. Gunns, which today announced a 98% drop in profits for…read more