Global Witness - Breaking the links between natural resources, conflict and corruption

Banks and corruption

The rich world's leaders have promised to make poverty history. One of the easiest ways of doing this is to ensure that natural resource revenues are available for development, by preventing banks facilitating the looting of them.

Global Witness investigates the role of financial institutions in supporting corruption and conflict, and uses this information to exert pressure on policy-makers, law-enforcers and the financial industry itself to make the global financial architecture more transparent, just and accountable.

Our new report Undue Diligence: How banks do business with corrupt regimes names and shames British, European and US banks who have done business with corrupt regimes and who are thus contributing to poverty in these countries. It sets out what governments, regulators and banks need to do in order to tackle this complicity in corruption.

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Latest Publications

June 2009

Governments urged to renew commitments as diamond meeting closes
Some progress at Kimberley Process diamond meeting but governments must do more to ensure scheme's effectiveness

Blood Diamonds - Time to Plug the Gaps
The landmark Kimberley Process is in danger of losing its credibility, civil society groups warn today, ahead of a key meeting of the scheme established to stop the trade in blood diamonds.

Verdict on UN Climate Change Talks in Bonn
Global Witness campaigner, Davyth Stewart, reflects on tough week of negotiations in Bonn, which yielded mixed results

Briefing note on imminent oil supply crunch
Global Witness is calling for governments to officially and publicly declare that there is an imminent oil supply crunch and to take urgent measures to develop safe and sustainable alternative energy systems

ECA Press Conference at Bonn
Going backwards or forwards on Forests and Climate? Environment groups under the bannner of the Ecosystems Climate Alliance hold joint press conference in Bonn as UN Climate Change meeting draws to a close

Global Groups Call for End to Deforestation in Bonn
Global coalition calls on negotiators to deliver a strong climate deal, warning that they will put all of our survival at risk if they do not act immediately to halt deforestation and the industrial logging of the world's primary forests

Global Witness hails commitment of veteran diamond campaigner
Global Witness today paid tribute to the efforts and commitment of Ian Smillie, a founding member of the Kimberley Process, who has decided to end his participation in the rough diamond certification scheme.

Vested interests - Industrial logging and carbon in tropical forests
Industrial logging is a major source of carbon emissions, a primary driver of deforestation and threatens to derail the UN process to reduce deforestation warns Global Witness in a new report.

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