For a moment it appeared that the European Investment Bank (EIB) decided to stop investments in coal fired power plants. The bank even seemed to have issued a press release on the matter. But, unfortunately, the message was not real. During the annual press conference of the bank the activists, who were the source of the fake press release, stroke again. In the name of ‘the citizens of Europe’, EIB president Werner Hoyer was awarded with the ‘World Coal Down Award’. Hoyer, who was confused for a second, did not accept the award. The EIB fiercely denied the rumors surrounding the investment stop on coal with the term 'pure nonsense'.
The Netherlands follow the United Kingdom and became the second country where 'good gold' is being sold. On May 7th the official launch of 'Fairtrade-Fairmined gold' took place in Amsterdam. Highlight was the handover of the first golden bracelet with this certificate to Katja Römer-Schuurman by a Peruvian miner. The bracelet is symbolic for good gold and will be worn with pride by Römer-Schuurman. "The circle is now complete", says Lina Villa, director of the Alliance for Responsible Mining (ARM), who was involved in the project since the beginning.
The European Commission is about to take important decisions about Bilateral Investment Treaties (BITs). These agreements are designed to protect corporations that invest in a foreign (often developing) country. These international agreements are binding, but often undermine the social and environmental regulations that developing countries want to implement. On march 3, the European Parliament will vote on reforming these policies.
Despite vehement protests from the local community and the ban from the federal government of the state Pará, on 26 Januari 2011 the Brazilian government gave its assent to the construction of the Belo Monte Dam in the River Xingu.
Written by: Boy Mochran and Sheila Kartika, Telapak, Indonesia
For the first time in Indonesian history, a public committee has been established to assist the government in water resource management. The Lamasi River Basin Committee is a platform for governmental and non-governmental representatives in the Luwu District in southern Sulawesi, Indonesia. Together with the local government, this committee will plan and monitor policy implementation, as well as coordinate water resource management.