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Frank Bold, ShareAction, Accountancy Europe, Eurosif, Finance Watch and WWF, as members of the Informal Group on Sustainable Finance, have released a joint statement on the EU’s Corporate Sustainability Due Diligence Directive (CSDDD).
In the statement, five key recommendations are suggested that will embed environmental, climate, and social impacts into the company's long-term strategy.
The Turów brown coal (lignite) mine near Poland’s border with Germany and the Czech Republic is filling the atmosphere with dangerous toxins.
The threatened loss of drinking water for tens of thousands of people in the Czech Republic’s Liberec region has earned the notice of Politico, a Brussels-based news site. Politico reported on the plans for the expansion of the Turów brown coal mine in Poland, near the Czech/German/Polish border.
Thirty thousand people in the Czech Republic’s Liberec region face a loss of access to drinking water due to the planned expansion of the Turów coal mine. This mine is planned to newly stretch outwards to just 150 meters from the Czech border and downwards to a depth below the bottom of the Baltic. The resulting drainage of Czech underground water is not just a threat to citizens; the drying out of the area would destroy entire local ecosystems and cause significant agricultural damage. A further increase to dust and noise levels is a threat as well. Furthermore, the end date for mining is to be delayed from 2020 out to 2044.
