Lessons from a Community Struggle in Armenia
In this month's edition of the Console Newsletter, Research Associate Lama Almoayed delves into the case of the Amulsar gold mine project in Armenia. Drawing on interviews with community members, the article explores the EBRD's role in this controversial project, uncovering the environmental and social impacts of the gold mine, highlighting the challenges faced by affected communities, and offering valuable lessons that the EBRD can learn to shape future policies.
By Lama Almoayed — June 5, 2023
Noteworthy updates on Bank and IAM policy and practice
The Asian Development Bank is finally set to review its Accountability Mechanism Policy. The Board Compliance Review Committee has endorsed an approach paper for the policy review and has committed to conducting an external review. Accountability Counsel calls for a review process that is independent, transparent, and consults with project-affected communities and civil society organizations.
The World Bank Group is undertaking a review of its mission, operating model, and financial model to better meet global challenges including climate change, pandemics, and fragility, conflict and violence. Public comments on an “Evolution Roadmap” are now open until July 31, 2023. Accountability Counsel is urging the World Bank to recognize that any expansion of its operations will require increased accountability to communities.
The European Bank for Reconstruction and Development is reviewing its “Good Governance Policies:” the Environmental and Social safeguards and the Access to Information Policy. Accountability Counsel calls for the new safeguards to enshrine a commitment from EBRD to remedy project harms.