When Development Finance Does More Harm than Good: The Case of Indorama Agro in Uzbekistan | Uzbek Forum for Human Rights
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When Development Finance Does More Harm than Good: The Case of Indorama Agro in Uzbekistan | Uzbek Forum for Human Rights
In January 2025, Indorama Agro abruptly prepaid its loans and walked away from its contractual obligation to implement the EBRD’s E&S standards in Uzbekistan. As the European Bank for Reconstruction and Development (EBRD) begins its Annual Meeting in London this week, civil society organizations and project-affected people are demanding accountability and remedy for harm caused by the bank’s investment in the Indorama Agro cotton project in Uzb…
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