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International Financial Institutions

ADB to fund BP's Tangguh gas project

Down to Earth No 68  February 2006

Despite protests from NGOs, the Asian Development Bank has approved a loan for BP's giant Tangguh gas project in West Papua.

In December 2005, the Asian Development Bank (ADB) decided to put US$350 million towards the $5.5 billion gas extraction and liquefied gas processing plant, now being developed by Anglo-US multinational BP, in Bintuni Bay, in the western part of West Papua.

This project has attracted critical attention because of the actual and potential impacts on local people and the e

KAU - "government has no sense of urgency"

Down to Earth No 68   February 2006

Indonesia's Anti-Debt Coalition (KAU) has accused the Indonesian government of lacking any sense of urgency in its post-tsunami reconstruction work. In a statement issued exactly one year after the disaster struck, KAU criticised the government of President Susilo Bambang Yudhoyono for failing to seize opportunities to reduce Indonesia's debt.

Targeting illegal logging in West Papua

Down to Earth No 65  May 2005

An NGO report shows how West Papua's rich, extensive forests are being stripped to satisfy China's demand for timber. The Indonesia government, keen to demonstrate to the international community that it is taking illegal logging and timber smuggling seriously, responded by promising action against corrupt military, police and forestry personnel.

After the tsunami: more disastrous debts?

Down to Earth No 64  March 2005

Will the tsunami disaster bring a greater debt burden for Indonesia's future generation?

An international summit to raise funds for relief in countries affected by the Indian Ocean tsunami, was held in Jakarta on January 6th.

Mid-term CGI meeting 2004: is transition period the beginning of reform?

Down to Earth No 62  August 2004

The 2004 CGI mid-year review meeting went almost unnoticed, as the country was in the final run up to Indonesia's first direct presidential election.

The meeting of Indonesia's main creditors, grouped in the Consultative Group on Indonesia (CGI) was held in Jakarta on June 2, 2004. It highlighted the introduction of the Indonesian government's Transition Plan: a policy continuity to ensure a smooth shift between the current government and the next one.

In brief... DTE 62 - August 2004

Down to Earth No 62   August 2004

Community holds Newmont to account
Villagers from Buyat Bay, North Sulawesi have lodged complaints with the police over the devastating health impacts of Newmont Minahasa Raya's gold mine. At least 30 people are believed to have died as a result of the heavy metal pollution caused by the mine, which dumps tailings on the sea-bed.

In brief... DTE 60 - February 2004

 

Fatal chemical explosion, East Java

WALHI East Java has called for a halt to production and an investigation into PT Petrowidada following an explosion at the company's chemical plant on January 20 which resulted in two dead, 50 others severely injured, and dozens evacuated from the surrounding area. A joint investigation by WALHI East Java and other local groups has documented several past explosions.