BankTrack News
China Export-Import Bank withholds financing for Belinga Mine
2008 |
BankTrack
2008 |
BankTrack
In 2008, BankTrack supported organizations around the world in campaigning to oppose dubious projects financed by Chinese banks, and to pressure them to abide by the environmental standards they had set for themselves. Through letters and publication of ‘Dodgy Deals' on BankTrack's website, BankTrack assisted the Gabonese NGO Brainforest in convincing China Export-Import Bank to withhold financing for the controversial Belinga Iron Ore Mine project in Gabon. The project remains ‘on hold' indefinitely due to lack of financing.
Dodgy Deals
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