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20.500.12592/15dv951

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30 Jan 2024

Similarly, affected communities have challenged the economic corridor plans, such as the Newar communities in Khokana and Bungamati and in Kirtipur in the south of Kathmandu who oppose the Fast Track Expressway and the World Bank financed Chobhar Dry Port. [...] For example, if Sinohydro is the contractor with the World Bank, or other international stakeholders are involved, or if there are links to supply chains or joint venture partners in Europe or the US, we usually can take the cause to the annual meeting of the companies, organize a protest in front of the involved multilateral lender of public money, or display the harms done to the general public. [...] Users of the database, especially those in the financial industry, can use GOGEL to easily identify the oil and gas companies with the largest expansion plans as well as the most controversial forms of oil and gas production. [...] The most shocking reality is the ignorance of the Paris Agreement and the expansion of the fossil industry: In the last three years, a total of $168 billion has been spent on oil and gas exploration. [...] Another purpose is to expand the scope to include insurers and to standardize the requirements for the banking sector and the insurance sector.
Pages
24
Published in
Germany