hands off!
why international financial institutions must stop drilling, piping and mining

hands off: why ifis must stop
drilling, piping and mining
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introduction
For many of us, it is unthinkable to go through a single day without the comforts provided by fossil fuels, metals and minerals.
Almost everything that we do or use has some connection with oil, gas and minerals:
homes, food, drinks, clothes, pots, knives, plates, pencils, pens, paper, plastic, glass, cars, trains, airplanes, guns, bullets, computers, telephones, televisions, refrigerators, freezers, factory equipment, farm implements, needles, thread, toothpicks…The list is endless.
Production and consumption of these goods happens at a great cost.
Although the comforts they provide are taken for granted by many, sustaining their cheap availability has come at a huge expense for others. In the name of development, International Financial Institutions (IFIs) use taxpayer money to support the exploitation of oil, gas and mineral resources.
contents
background
- hands off! foreword 3
- introduction 6
- the impacts of fossil fuel and mining operations 12
- broken promises 26
- recommendations 38
- resources 42
- glossary 43
case studies
- stifling dissent: colombia’s mining law 8
- lost rivers, lost lives marcopper spill on marinduque island, the philippines 10
- toxic rivers, poisoned fish sepon gold mine in laos 12
- paradise trashed: peru’s camisea project 16
- fighting for a rosy future: rosia montana gold mine in romania 20
- dividing and polluting: yanacocha gold mine in peru 22
- livelihoods piped away: chad-cameroon oil and pipeline project 26
- poisoning an island: papua new guinea’s lihir gold mine 30
- quadruple bypass the west: african gas pipeline 34
- dubious d-6 oil drilling in the baltic sea 36
- risky oil for the rich baku-ceyhan oil pipeline in the caspian region 38

