Tata Mundra Ultra Mega Power Project: A decade of disemPOWERing communities Almost a decade after the construction for the Tata Mundra Ultra Mega Power Project and eight years since the operations of the project started, a revisit to Mundra tells the story of the destruction of livelihoods, environment and disempowered communities. The project was envisaged …
Category: Uncategorized
AIIB’s newly wrapped ESG investments AIIB’s newly wrapped ESG investments: Asia ESG Enhanced Credit Managed Portfolio Project After fifty investments being approved and many more in pipeline, along with much criticism against India’s Infrastructure Fund [IIF], National Infrastructure Investment Fund [NIIF], IFC Emerging Asia Fund and Asia Investment Fund, two months ago a new partnership has been announced by …
AIIB’s Opaque Policies Under the Garb of Green Investments AIIB has come under severe criticism over its opaque policies with regards to Financial intermediary (FI) investments as well as its over-reliance on and delegation of power to the FI client. AIIB currently has 3 active FI projects out of 10 approved projects and one in …
विश्व बैंक के बाद, एशियन इन्फ्रास्ट्रक्चर इन्वेस्टमेंट बैंक ने अपना निवेश अमरावती कैपिटल सिटी परियोजना से वापस लिया
प्रेस रिलीज | २३ जुलाई २०१९ विश्व बैंक के बाद, एशियन इन्फ्रास्ट्रक्चर इन्वेस्टमेंट बैंक ने अपना निवेश अमरावती कैपिटल सिटी परियोजना से वापस लिया चीन के नेतृत्व वाले एशियन इन्फ्रास्ट्रक्चर इन्वेस्टमेंट बैंक (AIIB) ने आंध्र प्रदेश के अमरावती कैपिटल सिटी परियोजना से हाथ खींच लिए है। विश्व बैंक द्वारा पिछले सप्ताह अमरावती परियोजना से अपना निवेश वापस लेने के बाद इसके …
After World Bank, AIIB Pulls Out of Amaravati Capital City Project
Press Release | July 23, 2019 After the World Bank, Asian Infrastructure Investment Bank Pulls Out of Amaravati Capital City Project New Delhi: The China-led Asian Infrastructure Investment Bank (AIIB) pulled out of Amaravati Capital City Project in Andhra Pradesh. This decision, communicated by its spokesperson Laurel Ostfield to a news agency, follows the decision of …
Continue reading After World Bank, AIIB Pulls Out of Amaravati Capital City Project
Encroachment of Nature, People and Livelihoods: A Case of Amaravati Capital City (2014-2019)
This brief report aims to throw light on the critical lapses and breaches which have been committed during the design, pre-appraisal and Strategic Environmental and Social Assessment – Environment and Social Management Framework (SESA-ESMF) procedures for Project PI59808: India- Proposed Amaravati Sustainable Capital City Development Project, by both World Bank [for 300 mn USD] and …
Villagers Celebrate The Historic US Supreme Court’s Verdict Which Ended The Immunity of the IFIs
For Immediate Release Villagers Celebrate The Historic US Supreme Court’s Verdict Which Ended The Immunity of the IFIs March 31, 2019, Mundra: The air in Mundra filled with the slogans like Kaun Banata Hai Hindustan, Machuawara, Majdoor, Kisan! (Who makes India? Fishermen, Labourer and Farmers); Ladenge Jeetenge! (We shall fight, we shall win); Aadiwaasi Machhuawara …
Solidarity Statement from India At People’s Dialogue, Cape Town on 31 March 2019
Solidarity Statement from India At People’s Dialogue, Cape Town on 31 March 2019 In response to BRICS-led New Development Bank’s 4th Annual General Meeting in South Africa The BRICS led NDB (New Development Bank) is being promoted as an institution that serves as developing economies’ healthy and essential alternative to undemocratic International Financial Institutions (IFIs) …
Continue reading Solidarity Statement from India At People’s Dialogue, Cape Town on 31 March 2019
Peoples Movements and Civil Society Organisations Welcome the US Supreme Court’s Decision on the Absolute Immunity of the IFIs
For Immediate Release Peoples Movements and Civil Society Organisations Welcome the US Supreme Court’s Decision on the Absolute Immunity of the IFIs March 1, 2019, New Delhi: Peoples movements and civil society organisations from across India welcomes the US Supreme Court’s landmark judgement that ends the absolute immunity of the international organisations like the World …
MASS Welcomes The US Supreme Court’s Decision To End The Immunity Of The World Bank Group
This is the first time the US Supreme Court has addressed the scope of international organisations’ immunity February 28, 2019, Mundra, Gujarat: Machimar Adhikar Sangharsh Sangathan (MASS) and the affected communities by the Tata Mundra Ultra Mega Project welcomes the historic decision of the US supreme court which ruled that international organizations like the International Finance Corporation …
Working Group on IFIs 