Friends of the Earth along with Friends of the Earth International (FoEI) are calling on the World Bank to phase out financing of fossil fuel and mining projects.

Fossil fuel and mining are among the most environmentally harmful sectors in which the World Bank invests.

Fossil fuel and mining extraction is also often associated with displacement and repression of local communities, human rights abuse, failure to increase the incomes of the poor and deliver real development benefits.


Policy Brief:
Oil funds are hyped as the solution to ensuring that oil extraction leads to poverty alleviation and sustianable development. This policy brief analyzes the shortcomings of some of these funds. pdf format or html format.

Fact Sheet: Currently the World Bank is exploring support of the Baku-Tbilisi-Ceyhan oil pipeline - an almost $4 billion project that would stretch a ength equal to the distance from New York to Miami to ship Caspian oil to the United States. Read our fact sheet about this controversial project.

Action: NGO Fact-Finding Mission Investigates Deaths in Bulyanhulu, Tanzania - (March 2002)

Action: Read the letter from Environmental Rights Action and Oilwatch Africa to World Bank President, James Wolfensohn, concerning Shell and the International Financial Corporation.

Analysis: Treasure or Trash? - An anylisis of the World Banks's flawed defense of mining as a tool for economic development

Case Studies: World Bank support of oil, gas and mining projects