Lack of response by the US Exim bank on the complaint against Sasan Power Plant
Awadhesh Kumar of Srijan Lokhit Samiti speaks on the lack of response by the US Exim bank on the complaint filed against the Sasan Power Plant
Findings of the IAM and Management’s Response in the GMR Kamalanga Energy Limited
Amulya Kumar Nayak of the Odisha Chas Parivesh Surakhsa Parishad, sharing their experiences with the IAM and the Management’s Response in the GMR Kamalanga Energy Limited, a 1050 MW (with an additional 350 MW)...
Court Quiet, but Potentially Skeptical, on Immunity for International Organisations
The Supreme Court heard oral argument this morning in a dispute over immunity for the International Finance Corporation, an international organization that makes loans to private businesses to finance projects in developing countries. The...
Today in the U.S. Supreme Court: Is the World Bank Group Above the Law?
October 31, 2018, Washington, D.C. – The U.S. Supreme Court heard oral arguments today in Jam v. International Finance Corporation (IFC), a landmark lawsuit that will decide if international organizations are absolutely immune from lawsuits in U.S. courts....
People’s Movements Challenge World Bank Immunity in US Supreme Court
October 31, 2018, New Delhi.: The Supreme Court of the United States of America heard the oral arguments in the historic case filed by the villagers from Mundra, Gujarat against the absolute immunity granted...
आजकल विकास का मतलब लूट है
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
शहर-गाँव के बीच की खाई तेज़ी से बढ़ा रहा विकास का आधुनिक मॉडल
अधोसंरचना, ख़ासकर ऊर्जा के नाम पर हमारे देश में जो हो रहा है उसे सार्वजनिक सम्पत्ति की खुल्लाम-खुल्ला लूट के अलावा क्या कहा जा सकता है? मध्यप्रदेश सरीखे राज्य में जहाँ ख़ुद सरकारी दस्तावेज़ों...
US Supreme Court to Consider Immunity for IOs
The plaintiffs contend that the plant’s construction caused saltwater to leach into the local groundwater. They say that the plant’s ‘cooling system discharges thermal pollution into the sea, killing off marine life on which...
Civil Society Groups Welcome IFC Coal Plan but Push for More
NUSA DUA, Indonesia — Civil society groups have welcomed a move by the International Finance Corporation to transition the financial institutions it invests in away from supporting coal projects — but some say it...
Financing For A Robust Energy Regime In India
Along with the unbridled sanctioning of the flow of foreign funds to the country’s energy sector in the bid to be a major driving force in the global energy market (which falters often on...
Catalytic Financing can Scale Up Clean Energy Market: Report
Today, rooftop solar capacity is 1,200 MW only as against Centre’s target of 40,000 MW by 2022 Nagpur: With financing continuing to be a serious impediment in achieving the country’s clean energy goals, the latest...
विकास के नाम पर बढता आर्थिक और सामाजिक सकंट
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
U.S. Government Opposes “Absolute” Immunity for World Bank Group
For Immediate Release U.S. Government Opposes “Absolute” Immunity for World Bank Group in Brief to SCOTUS Washington, D.C., August 1, 2018 – Late yesterday, the U.S. Government urged the U.S. Supreme Court to reverse...
PSBs Back Coal, Whereas Private-owned Renewables
A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...
India’s Publicly Owned Banks ‘Favour Coal Lending Over Renewables’
The Centre for Financial Accountability said coal received $9.4bn last year, compared to clean technologies receiving $3.5bn India’s public-owned banks and finance groups lent more money to coal projects than renewables in 2017. That’s according...
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