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Campaigners keep up fight to stop Bangladesh coal mine

This week we found ourselves back outside the AGM of London based mining company GCM Resources again to stand in solidarity with our friends from Bangladesh who are campaigning to stop the proposed opening of an open-pit mine by GCM in Phulbari, Bangladesh. GCM AGM protest 9 Dec 14 - from EffieIt’s about 8 years since World Development Movement (WDM) was contacted by some activists from Bangladesh to see if we could work together in their work to stop GCM carrying out their a project which...

Apparel retailers finance Bangladesh safety loans

An alliance of international apparel retailers will provide millions of dollars to help Bangladesh factories implement necessary safety upgrades. The money will help factory owners secure loans at lower interest rates to add in required features like fire doors, safety lights and automatic-sprinkler systems. The Alliance for Bangladesh Worker Safety – which counts Wal-Mart, Gap and Target among its 26 members – reached an agreement with the International Finance Corporation, the World Bank group’s private-sector arm that will finance the loans. Bangl... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

EU urges higher pay for garments in Bangladesh

Global brands should raise the price they pay to Bangladeshi garment makers so that they can provide a living wage to workers, a European Union politician said yesterday. “There are many of us who feel that this is important and the EU parliament also feels that this is important,” Jean Lambert, chair of the EU delegation for relations with the countries of South Asia, said at a media briefing at the EU headquarters in Dhaka. EU ParliamnetLambert called in Bangladesh to participate in the inaugural Dhaka Apparel Summit, organised b...

Germany promotes sustainable textiles in Bangladesh

German parliamentary state secretary to the federal minister for economic cooperation and development, Hans-Joachim Fuchtel, promoted ‘Partnership for Sustainable Textiles’ during his three-day visit to Bangladesh this week. ‘Partnership for Sustainable Textiles’, initiated by the German minister for economic cooperation and development Gerd Müller, aims at social, environmental and economic improvements in Bangladesh’s readymade garment (RMG) sector. German embassyDuring the visit of Fuchtel, four Bangladeshi RMG companies, namely DBL G...

First round IFC financing to RMG safety improvements

VF Corporation (NYSE:VFC) and IFC, a member of the World Bank Group, today announced they have provided loans to three Bangladeshi garment factories under a new program for funding fire and building safety improvements. Bangladesh-rmg-workerThrough the financing arrangement, VF provides a full corporate guarantee for up to $10 million that the IFC and its partner BRAC Bank lend to VF’s contract suppliers. VF’s guarantee to back the loans makes it possible for IFC to lend at lower interest rates. This initiative helps ...

Organizational ego is eating trust

I had reason to visit the International Monetary Fund website recently. Based on its content, the IMF is an organization overflowing with ego. Dominating the homepage was IMF chief Christine Lagarde with a very large picture of herself. In imperious language we are told that Lagarde “welcomes the pledge by the G-20 group of advanced and emerging economies to step up efforts to boost growth and create jobs.” IMFThis archaic, royalist, pre-modern language is so out of step with the world of social media. It is not exceptional. If you visit, for example, t...
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