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World Bank is backing dozens of new coal projects, despite climate pledges

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New research shows that the International Finance Corporation, part of the World Bank Group, is providing back-door support to at least 39 new coal projects, constituting over 68 gigawatts of new coal-fired power capacity throughout China, Indonesia and Cambodia.

The International Finance Corporation (IFC), the private lending arm of the World Bank Group, is indirectly backing dozens of new coal projects throughout Asia, according to a new report, Blowing Smoke: How Coal Finance is Flowing through the IFC’s Paris Alignment Loopholes. The report, based on research conducted by Inclusive Development International, Recourse and Trend Asia, was published today, in advance of the World Bank Annual Meetings taking place in Marrakech next week.

“We found that the IFC is still backing new coal capacity through its investments in banks and other financial institutions despite its commitments to align those investments with the Paris Agreement,” said David Pred, executive director of Inclusive Development International. “This is the opposite of the sustainable development that IFC purports to promote, and it is having a devastating impact on coal-affected communities throughout Asia and the entire planet in this time of climate peril.”

A planned 700-megawatt coal-fired power plant called Jambi 2, to be located in Indonesia’s Jambi province, is among the new coal projects the IFC is indirectly supporting. The new report focuses on Jambi 2 as a case study for how the IFC’s lending ends up supporting new coal development and the impact that has on local communities. According to local advocates and community members interviewed by Inclusive Development International, Jambi 2 is a project the province doesn’t want and doesn’t need—one that will exacerbate the already devastating impacts of coal development in the area, including air and water pollution and related health issues. Yet Postal Savings Bank of China—an IFC intermediary and a major coal financier in the region—has provided a credit line to Jambi 2’s developer, China Huadian.

“Ongoing coal development in Indonesia, including the Jambi 2 plant, will accelerate climate change and its catastrophic consequences,” said Novita Indri, energy campaigner at Trend Asia. “It’s a slap in the face to Indonesia, an island nation that is uniquely vulnerable to rising sea levels and already suffering from extreme weather events.”

Postal Savings Bank of China is by far the largest financier of coal developers in the IFC’s portfolio. According to data compiled by Inclusive Development International and published alongside the new report, the IFC purchased a $300 million equity stake in Postal Savings Bank in 2015 and the bank has gone on to provide 418 billion RMB ($57.3 billion) in no-strings-attached credit lines and project loans to companies developing dozens of coal-fired power plants in the region. The bank has provided these loans at a time when much of the financial industry is shifting away from coal, implicating the IFC and the World Bank Group in the last vestiges of coal finance and the devastating impacts it has for coal-affected communities and the climate. The authors of the report are calling on the IFC to leverage its influence as a major shareholder to stop Postal Savings Bank from continuing to finance coal development.

“It’s hypocritical for the IFC to allow its banking clients to finance projects like Jambi 2 and other coal development in Asia while at the same time promising to align its lending with the Paris Agreement on Climate Change,” said Kate Geary, co-director of Recourse. “While committing to move away from coal on paper, the World Bank Group is failing to ensure that its investments aren’t  supporting coal power projects that are significant contributors to climate change and that wreak devastation on affected communities.”

These latest revelations come on the heels of reports last month that communities in Indonesia’s Banten province have lodged a formal complaint against the IFC for backing two new massive units in the Suralaya mega-coal complex. Similar complaints have been lodged against the IFC in the past, including regarding its support for coal expansion in the Philippines.

“The IFC has contributed to serious harms related to coal expansion in many countries,” added Pred. “Now it has a responsibility to repair the damage it has done and prevent future harm by requiring that all of its financial intermediary clients, including Postal Savings Bank of China, stop financing coal development immediately.”

Notes for editors:

Regarding IFC’s financial intermediary lending and “no coal” commitments

Inclusive Development International previously followed the money in the IFC’s financial-sector portfolio and published our findings in our Outsourcing Development investigative series, which exposed (among other things) the coal plants and mines the IFC was indirectly backing.

Since then, the World Bank Group has made a series of commitments designed to reform its approach to investing in financial institutions, reduce its exposure to coal and align itself with the Paris Agreement. Most prominently, in 2019 the IFC launched its Green Equity Approach, which requires financial institutions in which it holds shares to halve their coal exposure by 2025 and eliminate it from their portfolios by the end of the decade. In 2023, the IFC closed a major loophole that Inclusive Development International, Recourse and Trend Asia pointed out in the approach by updating the rules to restrict equity clients from financing any new coal projects.

However, the IFC’s flagship approach aligning its indirect lending operations with the Paris Agreement contains other loopholes and gray areas: it still allows equity clients to underwrite bonds for coal developers, and it allows clients to finance industrial projects that are powered by dedicated coal plants, a concept known as captive coal. And it is unclear how and whether the “no new coal” rule is being applied to existing clients’ corporate financing of coal developers. In fact, as our new research and report show, banks in which the IFC holds equity stakes—including Postal Savings Bank of China—have continued to provide financing to the developers of new coal projects.

Regarding our methodology

For this report, Inclusive Development International traced the International Finance Corporation’s money through financial intermediaries to new coal-fired power capacity in Asia. The full results are here.

We define new coal capacity as projects that have become operational since 2019; projects that are under construction; and projects that have been announced by developers. This data does not include projects that are listed as shelved or canceled, although developers regularly reactivate shelved projects after long periods of inactivity.

For all data on coal plants, including project names, generating capacity, development timelines and project owners, we relied on the Global Energy Monitor, which tracks energy infrastructure around the world. For data on project developers, including their current coal-generating capacities, development plans, and issuances of debt securities, we relied on the Global Coal Exit List, which the IFC also uses  to help its clients identify coal exposures in their portfolios.

All other data comes from research conducted by Inclusive Development International, Recourse and Trend Asia into corporate filings, the International Finance Corporation’s project disclosures, and site visits in Indonesia.

Source: inclusivedevelopment.net

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NGO WORK

Two dead as Siaya protests against gold mining firm turn tragic

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Ikolomani residents protesting against eviction plan to pave space for British mining company Shanta Gold on November 12, 2025. Two people died in similar protests in Gem, Siaya County.  Isaac Wale | Nation Media Group

Two people were shot dead on Monday in Gem–Ramula, Siaya County, after villagers staged a protest over an alleged eviction they linked to Shanta Gold Kenya Limited.

Area police boss Charles Wafula confirmed the incident, stating that the victims were among a group alleged to have attacked a police post after the officers moved in to disperse the demonstrators.

According to Mr Wafula, the demonstrators, angered by what they described as an illegal resettlement by the company, stormed the station during the protest, prompting officers to intervene.

“The individuals had organised a demonstration but they did not notify the police. Our officers moved in to contain the situation, but the group began attacking both officers and Ramula Police Post, damaging several items, including vehicles,” Mr Wafula said.

However, a local rights organisation has sharply contested the police account, portraying the killings as unlawful and unprovoked.

In a statement, the Community Initiative Action Group Kenya said the two victims identified as Henry Otieno and Jack Omenda were part of a peaceful protest against what they termed a forced eviction from their ancestral land.

“The community had gathered peacefully to demonstrate against Shanta Gold Limited’s attempt to relocate them without their consent,” said the lobby’s Executive Director Chris Owalla.

The group further alleged that police officers opened fire without warning following a confrontation with residents at Ramula Market.

“Witnesses state there was an exchange between the community and police after which officers opened fire, killing Henry and Jack on the spot,” Mr Owalla said.

The rights group also accused senior police officers including Mr Wafula and Charles Emodo of Directorate of Criminal Investigation, of disregarding a court order that had halted evictions and mining operations in the area.

According to Mr Owalla, the Environment and Land Court in Siaya had, on February 5, 2026, issued conservatory orders barring any involuntary resettlement of residents in Ramula and its environs, pending the hearing of a petition.

The organisation is now calling for investigations by the Independent Policing Oversight Authority and the the Director of Public Prosecutions, alongside an independent autopsy on the victims.

Fear of evictions

The unrest is rooted in long-standing tensions over planned gold mining operations by Shanta Gold in the region. The company is seeking to establish a large-scale extraction project – one that residents fear could uproot communities and erode livelihoods carefully built over generations.

Similar scenes of unrest were reported in November 2025 in Ikolomani, where locals protested against possible relocations linked to the same company.

Shanta Gold has previously signalled its intention to invest in a multi-billion-shilling project in western Kenya, targeting high-grade gold deposits expected to yield significant output over several years.

Source: nation.africa

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NGO WORK

Tanzania: Commissions call for mass eviction of Indigenous Maasai from world-famous tourist destinations.

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Two presidential commissions have recommended the mass eviction of Maasai people from some of East Africa’s most iconic conservation areas and tourist destinations.

The commissions were established by Tanzania’s President Samia Suluhu Hassan following previous evictions of Maasai pastoralists from parts of the world-famous Serengeti ecosystem, and large-scale protests in the Ngorongoro Conservation Area in 2024.

Now, despite a global outcry at the earlier evictions, the two Commissions have:

  • Backed the previous evictions and called for them to continue, including in the UNESCO World Heritage Sites of Ngorongoro and neighboring Lake Natron.
  • Described the long-standing Maasai presence in the area as an “environmental pressure” that needs to be reduced.
  • Threatened local NGOs that support the Maasai, accusing them of “spreading misinformation or propaganda” because they “conflict with government interests.”
  • Called for the “relocation” of all “non-conservation activities” [in other words, Maasai occupancy of the land] outside the conservation areas.
  • Called for existing recognition of the Maasai people’s right to live in the Ngorongoro area to be removed.

An anonymous Maasai spokesperson said today: “We are blamed for environmental degradation while the unchecked expansion of tourism is ignored. Forced relocation, disguised as policy, has deprived our people of basic rights and dignity. We reject any continuation of these measures and condemn the Commission’s failure to reflect the voices, realities, and rights of our people.”

Still from a video showing the Maasai protesting the violent evictions from their ancestral lands, 2022.

The authorities maintain that these are “voluntary relocations.” However, the Maasai have overwhelmingly rejected being moved.

The Ngorongoro Conservation Area is a UNESCO World Heritage Site. When it was established, the ancestral right of the Maasai to live there with their cattle was explicitly acknowledged. But UNESCO’s World Heritage Committee has backed the so-called “voluntary relocations”, and UNESCO endorses the “fortress conservation” model that underpins Tanzania’s approach.

Survival International Director Caroline Pearce said today, “These commissions were a sham, a gimmick designed to give Tanzania’s violent persecution of the Maasai a veneer of respectability. It was widely predicted that they’d back further evictions: the whole saga just confirms that colonial-style fortress conservation is alive and well in Tanzania today, and enthusiastically endorsed by UNESCO.

“These recommendations give the green light to more evictions, in Ngorongoro and beyond. And while the Maasai are robbed of their lands and livelihood, the government, tour operators and so-called conservationists will enrich themselves from a landscape emptied of its original owners.”

Source: survivalinternational.org

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NGO WORK

Sham Presidential Commissions Rubber Stamp Tanzanian Government’s Efforts to Evict Indigenous Maasai from Ngorongoro Conservation Area

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  • March 12, 2026, Presidential commissions’ reports recommend dismantling longstanding Maasai rights in the Ngorongoro Conservation Area (NCA) – rubber-stamping the Tanzanian government’s plans for widespread evictions to expand tourism.
  • President Hassan pursues a so-called “voluntary” relocation program, despite extensive evidence that communities are being forced to leave through the withdrawal of essential services and livelihood restrictions.
  • The government announced a crackdown on civil society groups critical of its plans, raising concerns of further repression of land defenders and NGOs speaking out against forced displacement.
  • Maasai communities remain steadfast in the defense of their land, livelihoods, and way of life, vowing to continue resistance against attempts to force them from their ancestral territories.

Oakland, CA – In reports submitted on March 12, 2026 to Tanzanian President Samia Suluhu Hassan, commissions tasked to assess land disputes in the Ngorongoro Conservation Area (NCA) and review resettlement plans, dismissed rights of the Indigenous Maasai to their ancestral lands. They instead advance recommendations that further marginalize their rights in order to expand safari tourism.

“The commissions’ recommendations are based on outright lies about the environmental impacts of the Maasai, while completely ignoring the real damage caused by rapid tourism expansion,” said a Maasai elder. 1 “If these extremely biased and reckless recommendations are implemented, it will be the end of our people in Ngorongoro.”

Immediately after the reports were submitted, park rangers started harassment of residents in the grazing areas of Ndutu with the intent to force them to leave for tourism expansion. Three community members were reportedly beaten and arrested while others received notices to vacate.

Recommendations are a crafty attempt at changing 1959 legislation that created the NCA as a multiple land use area – explicitly enshrining the right of the Maasai to live and graze cattle in the area. The Maasai were promised that “should there be any conflict between the interests of the game [animals] and the human inhabitants, those of the latter must take precedence.”

The President has accepted the recommendations and stated she “will act on them” – a decision that will have a catastrophic impact on Maasai communities. The government has signaled its intention to drastically reduce Maasai presence in the NCA and relocate what it calls “non-conservation activities” outside the area. Towards this goal, the President has indicated an expansion of the “voluntary” relocation program.

For years, the Oakland Institute has shattered government myths about “voluntary” resettlement –exposing serious flaws with relocation plans that are being forced upon communities. To pressure residents to leave, the government has stopped basic medical, education, and water services while restricting access to grazing land for pastoralists. Massive mobilizations by the Maasai against this forced resettlement expose the government’s lie that people are leaving willingly.

Beyond the NCA, the commissions also recommend further restrictions on livelihoods, threatening the future eviction of Maasai communities living near Lake Natron and Loliondo. “These sham findings are the latest attempt by the government to rapidly expand its brutal fortress conservation model across the country, threatening hundreds of thousands of Indigenous lives in blind pursuit of tourism dollars that have failed to trickle down to improve the lives of the poor Tanzanians and the local communities,” said Anuradha Mittal, Executive Director of the Oakland Institute.

In another alarming development, the government is attempting to silence local NGOs by reviewing their registration status and monitoring their activities to force them to operate “in alignment with national conservation objectives.” The move reflects the regime’s ongoing persecution of civil society and broader crackdown on dissent, carried out through state violence and arbitrary detention. Major opposition parties remain outlawed in Tanzania, while government critics have routinely disappeared. Following the rigged October 2025 national elections, the government violently suppressed pro-democracy protests and state security forces killed thousands of civilians.

As previously warned by the Oakland Institute, both commissions lacked independence given they were dominated by government personnel and had very limited Maasai representation. The commissions’ reports – which have not been made public – were orally presented to the government nearly one year after they were due to provide findings.

“These commissions have no credibility. From the start, they were tasked with rubber stamping the government’s plans to evict the Indigenous Maasai so their land can be a safari and hunting playground for the rich foreign tourists. One cannot be fooled by their “findings” and international solidarity must be mobilized to uphold Maasai’s rights to their ancestral land,” warned Mittal.

Source: oaklandinstitute.org

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