Russia


bicusa.org/russia Home Regions Europe/Central AsiaRussia Russia Overview Key Issues Problem Projects Updates Resources Contacts RSS Update \| 18 November 2008 New EBRD policy comes into effect EBRD's Environmental and Social Policy came into effect on November 12, 2008. Projects approved past this date will have to meet higher diligence standards. Read more Update \| 27 October 2008 IFC payment disclosures revisited The International Finance Corporation's (IFC) website on extractive industries government payment disclosure has made progress, but certain gaps in data availability remain. Read more Update \| 24 September 2008 Dramatic increase in World Bank loans to Europe and Central Asia The World Bank Group (WBG) loans to countries in Europe and Central Asia (ECA) increased by 30% between FY07 and FY08. Read more Update \| 19 September 2008 EBRD approves Pechora Energy Project in Komi Republic The European Bank for Reconstruction and Development (EBRD) has approved a US$50 million loan for expansion of oil and gas extraction operations in the Timan-Pechora basin of the northern Komi Republic in Russia. Various civil society groups have raised concerns of the major project's implications for the environment and the indigenous Komi-Izhemts people's rights. Read more Update \| 18 September 2008 Additional challenges for the BTC Pipeline Following the August 25 reopening of the Baku-Tbilisi-Ceyhan Pipeline after the armed conflict in Georgia, the BTC has faced several technical and strategic issues when it comes to its future and viability. Read more Update \| 22 August 2008 The IFIs and financial intermediaries in ECA: Implementation of environmental and social standards International Financial Institution (IFI) lending through financial intermediaries (FIs) has become particularly significant in the Europe and Central Asia (ECA) region, but the IFIs lack adequate policies to ensure social and environmental best practices are applied to subsequent FI lending. Read more Update \| 20 August 2008 Banks active in extractive projects in Russia’s Komi Republic IFI involvement in mining and oil projects in the Timan-Pechora basin raises environmental and social concerns. Read more Update \| 18 August 2008 IFIs cooperate on Central Asian road projects The IFIs are set to invest billions of dollars in transportation infrastructure in Central Asia, primarily under the Central Asia Regional Economic Cooperation (CAREC). Read more Update \| 11 August 2008 Turkmenistan’s pipeline prospects: China, Russia, India, or Europe? As the great powers seek energy security, Turkmenistan is at the center of a number of pipeline proposals. Read more Update \| 17 July 2008 IMF working group drafts guidelines for sovereign wealth funds On July 9-10, 2008, the International Monetarty Funds’s (IMF) Working Group on Sovereign Wealth Funds (SWFs) held a two-day meeting in Singapore to address concerns around SWFs and consider possible guidelines. Read more Update \| 14 July 2008 Sakhalin II receives funding for second phase On June 16, 2008, the Japan Bank for International Cooperation (JBIC) agreed to loan up to $3.7 billion for the controversial oil and gas project in Russia. Read more Print this page Email this page		Search Regions Africa Asia Europe/Central Asia Latin America Middle East and North Africa See also Asian Development Bank European Bank for Reconstruction and Development International Finance Corporation International Monetary Fund Multilateral Investment Guarantee Agency World Bank (IBRD & IDA) Europe/Central Asia Stay Informed! Sign up for our e-newsletters. SignUp

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