Misplaced Pages

#392607

131-906: OceanaGold Corporation (OceanaGold), previously named Macraes Mining Company and then GRD Macraes , is a gold mining and exploration company based in Vancouver , Canada and Brisbane , Australia OceanaGold operates the Haile Gold Mine in the United States, the Didipio Mine in the Philippines, and the Macraes and Martha Mines in New Zealand. It is publicly listed on the Toronto Stock Exchange under

262-755: A 400-page certiorari and mandamus case before the Bayombong Regional Trial Court to nullify OceanaGold's 2021 renewal of the Financial or Technical Assistance Agreement agreement. The group petitioned for OceanaGold's mining concession closure in Kasibu , Nueva Vizcaya. The " Office of the President ’s renewal of the FTAA without prior consultation and Sanggunian endorsement constitutes grave abuse of discretion” Bishop Mangalinao alleged in

393-545: A Country Assistance Strategy is produced in cooperation with the local government and any interested stakeholders and may rely on analytical work performed by the bank or other parties. The World Bank's negative pledge clause prohibits its debtor countries from using public assets to repay other creditors before they repay the World Bank. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries . It

524-404: A World Bank loan was France in 1947. The bank's president at the time, John McCloy , chose France over two other applicants, Poland and Chile. The loan was for US$ 250 million, half the amount requested, and came with strict conditions. France had to agree to produce a balanced budget and give priority of debt repayment to the World Bank over other governments. World Bank staff closely monitored

655-562: A borrower country to repay the loan. In 1960, the International Development Association was formed (as opposed to a UN fund named SUNFED), providing soft loans to developing countries . Before 1974, the reconstruction and development loans the World Bank made were relatively small. Its staff was aware of the need to instill confidence in the bank. Fiscal conservatism ruled, and loan applications had to meet strict criteria. The first country to receive

786-510: A change of 4.9% from its 2016 population of 631,486, making it the eighth-largest among Canadian cities . More specifically, Vancouver is the fourth-largest in Western Canada after Calgary , Edmonton and Winnipeg . With a land area of 115.18 km (44.47 sq mi), it had a population density of 5,749.7/km (14,891.6/sq mi) in 2021, the most densely populated Canadian municipality with more than 5,000 residents. At

917-598: A leading force in the city's society and economy until the rise of anti-German sentiment with the outbreak of World War I in 1914. Today the Chinese are the largest visible ethnic group in Vancouver; the city has a diverse Chinese-speaking community with speakers of several dialects, notably Cantonese and Mandarin . Neighbourhoods with distinct ethnic commercial areas include Chinatown , Punjabi Market , Little Italy , Greektown , and (formerly) Japantown . Since

1048-600: A new president was appointed: Ajay Banga . His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action . He is also expected to help low-income countries deal with debts. He is the first Indian American to lead the bank. The vice presidents of the bank are its principal managers, in charge of regions, sectors, networks and functions. There are two executive vice presidents, three senior vice presidents, and 24 vice presidents. The boards of directors consist of

1179-613: A population density of 918.0/km (2,377.6/sq mi) in 2021. Approximately 75 percent of the people living in Metro Vancouver live outside Vancouver itself. The larger Lower Mainland-Southwest economic region (which includes also the Squamish-Lillooet , Fraser Valley , and Sunshine Coast Regional District ) has a population of over 3.04   million. The 2021 census reported that immigrants (individuals born outside Canada) comprise 274,365 persons or 42.2% of

1310-621: A result, reducing inequality, in this definition, had become an integral part of the World Bank’s objectives and effectively “broadened its mandate”. The World Bank has been criticized for not embracing the reduction of inequality (be it economic inequality within a country, or international inequality between countries) as a goal. Instead, the bank has taken an instrumental approach to the issue, in which inequality policies were seen as useful as long as they contributed to reducing (extreme) poverty or promoting average economic growth. As part of

1441-420: A tacit understanding between the United States and Europe, the president of the World Bank has been selected from candidates nominated by the United States, the largest shareholder in the bank. This is significant because the World Bank tends to lend more readily to countries that are friendly with the United States, not because of direct U.S. influence but because of the employees of the World Bank. In 2012, for

SECTION 10

#1732798258393

1572-610: A typical coastal British Columbia mix of Douglas fir , western red cedar and western hemlock . The area is thought to have had the largest trees of these species on the British Columbia Coast . Only in Elliott Bay , Seattle , did the size of trees rival those of Burrard Inlet and English Bay . The largest trees in Vancouver's old-growth forest were in the Gastown area, where the first logging occurred and on

1703-695: A warm-summer Mediterranean ( Köppen: Csb ). While the city has the coolest summer average high of all major Canadian metropolitan areas, winters in Greater Vancouver are the fourth-mildest of Canadian cities, after nearby Victoria , Nanaimo and Duncan , all on Vancouver Island. Vancouver is one of the wettest Canadian cities. However, precipitation varies throughout the metropolitan area. Annual precipitation as measured at Vancouver International Airport in Richmond averages 1,189 mm (46.8 in), compared with 1,588 mm (62.5 in) in

1834-568: Is 38.1 cm (15.0 in) but typically does not remain on the ground for long. Vancouver's growing season averages 237 days, from March 18 until November 10. Vancouver's 1981–2010 USDA Plant Hardiness Zone ranges from 8a to 9a depending on elevation and proximity to water. As of 2021, Vancouver is the most densely populated city in Canada. Urban planning in Vancouver is characterized by high-rise residential and mixed-use development in urban centres, as an alternative to sprawl . As part of

1965-592: Is a modernist high-rise, now converted into the Electra condominium. Also notable is the "concrete waffle" of the MacMillan Bloedel building on the north-east corner of the Georgia and Thurlow intersection. A prominent addition to the city's landscape is the giant tent-frame Canada Place (designed by Zeidler Roberts Partnership Partnership, MCMP & DA Architects ), the former Canada Pavilion from

2096-552: Is a major city in Western Canada , located in the Lower Mainland region of British Columbia . As the most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Metro Vancouver area had a population of 2.6   million in 2021, making it the third-largest metropolitan area in Canada . Greater Vancouver, along with the Fraser Valley , comprises

2227-651: Is based on economic size in addition to the International Development Association contributions. The following table shows the subscriptions of the top 20 member countries of the World Bank by voting power in the following World Bank institutions as of December 2014 or March 2015: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC),

2358-731: Is currently located was referred to by the Stó꞉lō in the Upriver Halkomelem dialect as Lhq’á:lets , meaning "wide at the bottom/end". Speakers of the Island dialect of Halkomelem referred to the region of Vancouver as sqwx̌wam̓ush or skwóm̓esh , referring to the Squamish, or as Pankúpe7 , a transliteration of the English word "Vancouver". Archaeological records indicate that Aboriginal people were already living in

2489-531: Is engaged in several global partnerships and initiatives, and takes a role in working toward addressing climate change . The World Bank hosts an Open Knowledge Repository for its publications. In 2020, the World Bank’s total commitments amounted to USD 77.1 billion, it had 12,300 full-time staff, and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of

2620-769: Is listed in the Registry of Research Data Repositories re3data.org. The World Bank also endorses the Principles for Digital Development . Together with the World Health Organization , the World Bank administers the International Health Partnership (IHP+). IHP+ is a group of partners committed to improving the health of citizens in developing countries. Partners work together to put international principles for aid effectiveness and development cooperation into practice in

2751-575: Is little evidence of a consistent declining trend as of yet. In June 2008, OceanaGold was accused of illegally demolishing at least 187 houses in Didipio, Kasibu, Nueva Vizcaya during the construction of the Didipio mine. According to a report by the Commission on Human Rights of the Philippines (CHR), the houses were "bulldozed off cliffs and set on fire." One resident, Emilio Pumihic, was shot by OceanaGold's security personnel when he tried to stop

SECTION 20

#1732798258393

2882-542: Is located on the North Island of New Zealand and was acquired by OceanaGold from Newmont Mining Corporation (Newmont) in 2015. The mine comprises two areas of mineralisation which are at different stages of development, being underground and open pit mining. Open pit operations are currently suspended following a localised ramp failure in April 2015 and a larger failure of the north wall in April 2016. The second area being

3013-466: Is primarily voluntary. Based on an agreement between the United Nations and the World Bank in 1981, Development Business became the official source for World Bank Procurement Notices, Contract Awards, and Project Approvals. In 1998, the agreement was renegotiated, and included in this agreement was a joint venture to create an online version of the publication. Today, Development Business

3144-665: Is the Paradox Hotel Vancouver at 188 m (617 ft), followed by the Private Residences at Hotel Georgia , at 156 m (512 ft). The fourth-tallest is One Wall Centre at 150 m (490 ft) and 48 storeys, followed closely by the Shaw Tower at 149 m (489 ft). In the 2021 Canadian census conducted by Statistics Canada , Vancouver had a population of 662,248 living in 305,336 of its 328,347 total private dwellings,

3275-669: Is the largest and best-known development bank in the world and an observer at the United Nations Development Group . The bank is headquartered in Washington, D.C. , in the United States . It provided around $ 98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Total lending as of 2015 for

3406-413: Is the origin of the name that eventually became "Vancouver". The indigenous Squamish people who reside in a region that encompasses southwestern British Columbia including this city gave the name K'emk'emeláy̓ which means "place of many maple trees"; this was originally the name of a village inhabited by said people where a sawmill was established by Edward Stamp as part of the foundations to

3537-489: Is the primary publication for all major multilateral development banks, U.N. agencies, and several national governments, many of which have made the publication of their tenders and contracts in Development Business a mandatory requirement. The World Bank collects and processes large amounts of data and generates them on the basis of economic models. These data and models have gradually been made available to

3668-426: The 2030 Agenda , Sustainable Development Goal 10 aims at reducing inequalities within countries and among countries. World Bank officials participated in the negotiations for SDG 10 in the years prior to 2015. They advocated for the adoption of the bank's own preferred benchmarks. This ensured that other organizations would evaluate their success based on the bank’s own definition of inequality. Some have argued that

3799-611: The 1986 World Exposition , which includes part of the Convention Centre , the Pan-Pacific Hotel , and a cruise ship terminal. Two modern buildings that define the southern skyline away from the downtown area are City Hall and the Centennial Pavilion of Vancouver General Hospital , both designed by Townley and Matheson in 1936 and 1958, respectively. A collection of Edwardian buildings in

3930-454: The 2021 census Vancouver has been called a "city of neighbourhoods." Each neighbourhood in Vancouver has a distinct character and ethnic mix. People of English, Scottish, and Irish origins were historically the largest ethnic groups in the city, and elements of British society and culture are still visible in some areas, particularly South Granville and Kerrisdale . Germans are the next-largest European ethnic group in Vancouver and were

4061-632: The British Columbia Parliament Buildings and the Empress Hotel in Victoria, and the lavishly decorated second Hotel Vancouver. The 556-room Hotel Vancouver , opened in 1939 and the third by that name, is across the street with its copper roof. The Gothic-style Christ Church Cathedral , across from the hotel, opened in 1894 and was declared a heritage building in 1976. There are several modern buildings in

OceanaGold - Misplaced Pages Continue

4192-563: The Canadian Pacific Railway . The Canadian Pacific transcontinental railway was extended to the city by 1887. The city's large natural seaport on the Pacific Ocean became a vital link in the trade between Asia-Pacific , East Asia , Europe , and Eastern Canada . Vancouver has hosted many international conferences and events, including the 1954 Commonwealth Games , UN Habitat I , Expo 86 , APEC Canada 1997 ,

4323-475: The Cumberland coal mines on Vancouver Island . Following a lull in the 1920s, the strike wave peaked in 1935 when unemployed men flooded the city to protest conditions in the relief camps run by the military in remote areas throughout the province. After two tense months of daily and disruptive protesting, the relief camp strikers decided to take their grievances to the federal government and embarked on

4454-636: The International Development Association (IDA), and the Multilateral Investment Guarantee Agency (MIGA). Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital (one vote for each share of capital stock held by the member). The World Bank plays a significant role in global economic governance due to its broad mandate, its vast resource base, its frequent and regular interactions with governments as clients, and its myriad publications and databases. In 2020,

4585-512: The Kitsilano area. Vancouver also has a significant aboriginal community of about 15,000 people. World Bank As of 2022 , the World Bank is run by a president and 25 executive directors, as well as 29 various vice presidents. IBRD and IDA have 189 and 174 member countries, respectively. The U.S., Japan, China, Germany and the U.K. have the most voting power. The bank aims loans at developing countries to help reduce poverty. The bank

4716-525: The On-to-Ottawa Trek , but their protest was put down by force. The workers were arrested near Mission and interned in work camps for the duration of the Depression. Other social movements, such as the first-wave feminist , moral reform, and temperance movements , were also instrumental in Vancouver's development. Mary Ellen Smith , a Vancouver suffragist and prohibitionist , became

4847-768: The Pacific Maritime Ecozone . Until the city's naming in 1885, "Vancouver" referred to Vancouver Island, and it remains a common misconception that the city is located on the island. The island and the city are both named after Royal Navy Captain George Vancouver (as is the city of Vancouver, Washington , in the United States). Vancouver has one of the largest urban parks in North America, Stanley Park , which covers 404.9 ha (1,001 acres). The North Shore Mountains dominate

4978-558: The Pan-Philippine Highway at Bambang, Nueva Vizcaya . In March 2023, OceanaGold announced that it will invest up to $ 50,000,000 to boost outputs and expand its operations in Nueva Vizcaya. The Haile Gold Mine is wholly owned and operated by OceanaGold. Haile is located three miles northeast of the town of Kershaw in southern Lancaster County, South Carolina. Lancaster County lies in the north-central part of

5109-550: The Port of Vancouver is the fourth-largest port by tonnage in the Americas, the busiest and largest in Canada, and the most diversified port in North America. While forestry remains its largest industry, Vancouver is well known as an urban centre surrounded by nature, making tourism its second-largest industry. Major film production studios in Vancouver and nearby Burnaby have turned Greater Vancouver and nearby areas into one of

5240-540: The Sustainable Development Goals . The World Bank has been criticized as promoting inflation and harming economic development . There has also been criticism of the bank's governance and response to the COVID-19 pandemic . The current president (starting in 2023) is Ajay Banga who is known to support climate action , unlike his predecessor David Malpass . The World Bank was created at

5371-575: The World Police and Fire Games in 1989 and 2009; several matches of 2015 FIFA Women's World Cup including the finals at BC Place in Downtown Vancouver , and the 2010 Winter Olympics and Paralympics which were held in Vancouver and Whistler , a resort community 125 km (78 mi) north of the city. In 1969, Greenpeace was founded in Vancouver. The city became the permanent home to TED conferences in 2014. As of 2016 ,

OceanaGold - Misplaced Pages Continue

5502-445: The census metropolitan area (CMA) level in the 2021 census, the metropolitan area referred to as Greater Vancouver had a population of 2,642,825 living in 1,043,319 of its 1,104,532 total private dwellings, a change of 7.3% from its 2016 population of 2,463,431, the third-most populous metropolitan area in the country and the most populous in Western Canada . With a land area of 2,878.93 km (1,111.56 sq mi), it had

5633-550: The colonial government surveyed the settlement and laid out a townsite , renamed " Granville " in honour of the then–British Secretary of State for the Colonies , Lord Granville . This site, with its natural harbour, was selected in 1884 as the terminus for the Canadian Pacific Railway, to the disappointment of Port Moody , New Westminster and Victoria , all of which had vied to be the railhead. A railway

5764-467: The health sector . IHP+ mobilizes national governments, development agencies, civil society, and others to support a single, country-led national health strategy in a well-coordinated way. In September 2020, during the COVID-19 pandemic , the World Bank announced a $ 12 billion plan to supply "low and middle income countries" with a vaccine once it was approved. In June 2022, the bank reported that $ 10.1 billion had been allocated to supply 78 countries with

5895-606: The judicial review . The petitioners anchored their plea on Sections 26 and 27 of the Local Government Code , Presidential Decree 1151, Presidential Decree 1586, and the Philippine Mining Act requirements of Environmental Clearance Certificate and Environmental Impact Statement. The Nueva Vizcaya provincial government’s Environment Code, Ordinance 2014-108 prohibits the open-pit mining the Didipio Mine in Kasibu . Vancouver Vancouver

6026-466: The most livable cities in Canada and in the world. In terms of housing affordability , Vancouver is also one of the most expensive cities in Canada and in the world . Vancouverism is the city's urban planning design philosophy. Indigenous settlement of Vancouver began more than 10,000 years ago and included the Squamish , Musqueam , and Tsleil-Waututh (Burrard) peoples. The beginnings of

6157-497: The 1930s onward by the government of Japan. These flower for several weeks in early spring each year, an occasion celebrated by the Vancouver Cherry Blossom Festival . Other streets are lined with flowering chestnut, horse chestnut and other decorative shade trees. Vancouver's climate, one of the mildest and most temperate climates in Canada, is classified as oceanic ( Köppen: Cfb ) bordering on

6288-683: The 1944 Bretton Woods Conference , along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American . The World Bank and the IMF are both based in Washington, D.C., and work closely with each other. Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated

6419-516: The 1980s and 1990s, recent immigration has been comparatively low. However, growth in the Latino population – which largely consists of Mexicans and Salvadorans  – rose in the late 2010s and early 2020s. African immigration has been similarly stagnant (3.6% and 3.3% of total immigrant population, respectively). The black population of Vancouver is small in comparison to other Canadian major cities, making up 1.3 percent of

6550-599: The 1980s, immigration increased substantially, making the city more ethnically and linguistically diverse; 49 percent of Vancouver's residents do not speak English as their first language. Over 25 percent of the city's inhabitants are of Chinese heritage. In the 1980s, an influx of immigrants from Hong Kong in anticipation of the transfer of sovereignty from the United Kingdom to China, combined with an increase in immigrants from mainland China and previous immigrants from Taiwan , established in Vancouver one of

6681-567: The British settlement later becoming part of Vancouver. In hən̓q̓əmin̓əm̓ (the Downriver dialect of Halkomelem) spoken by the Musqueam , there is no specific term for Vancouver. Rather there existed names for specific villages and landscape features that the people knew intimately in the area Vancouver exists in currently, as opposed to larger geographic features. The region where Vancouver

SECTION 50

#1732798258393

6812-548: The Coronation, Coronation North, Innes Mills, Deepdell North, Deepdell South, Golden Point, Northwest Pit, Round Hill, Southern Pits, Innes Mills, Innes Mills West, Gay Tan and Frasers open pits, Frasers and Golden Point underground mines, and an adjacent processing plant including a pressure oxidation plant for the processing of sulphide ore. The Macraes Operation has been mining and processing gold bearing ore since 1990 and has produced over 5 million ounces. The Waihi Operation

6943-585: The Didipio Gold-Copper Project in the Philippines through a merger with Climax Mining Limited. Didipio is in the north of Luzon Island, approximately 270 kilometres northeast of the capital Manila. The Financial and Technical Assistance Agreement (FTAA) currently covers approximately 8.621.38 km2 (as confirmed by the MGB in their letter dated 7 September 2022) located in the provinces of Nueva Vizcaya and Quirino . The nearest significant towns to

7074-410: The Didipio Mine are Cabarroguis, located approximately 20 kilometres to the north, and Kasibu to the west. The main road access to Didipio is via a concrete sealed road to Dibibi in Cabarroguis, and from Dibibi there is a 22-kilometre all-weather concrete-gravel road to the mine site. A secondary access connects Didipio by an all-weather gravel road to Kasibu, which is in turn connected by concrete road to

7205-454: The Didipio residents and resolved unanimously to recommend the probable withdrawal of the FTAA grant to OceanaGold, effectively preventing their operation within the country. No official action was taken by the Philippine government and OceanaGold completed the construction of the mine in 2013. OceanaGold's initial 25-year FTAA with the Philippine government lapsed on 20 June 2019. Nueva Vizcaya governor Carlos Padilla issued an executive ordering

7336-403: The El Dorado project and does not plan future investments in El Salvador. In 2016, a World Bank tribunal dismissed a compensation claim filed by OceanaGold demanding the government of El Salvador to pay $ 250 million in compensation to the company for failing to issue permits to mine gold in the country. OceanaGold was further ordered to pay $ 8 million to cover the legal costs of the claim, which

7467-455: The Empire's tallest commercial building by the elaborate Art Deco Marine Building in the 1920s. The Marine Building is known for its elaborate ceramic tile facings and brass-gilt doors and elevators, which make it a favourite location for movie shoots. Topping the list of tallest buildings in Vancouver is Living Shangri-La , the tallest building in BC at 201 m (659 ft) and 62 storeys. The second-tallest building in Vancouver

7598-434: The Fraser River, on their way to the Fraser Canyon , bypassing what would become Vancouver. Vancouver is among British Columbia's youngest cities; the first European settlement in what is now Vancouver was not until 1862 at McCleery's Farm on the Fraser River, just east of the ancient village of Musqueam in what is now Marpole . A sawmill was established at Moodyville (now the City of North Vancouver ) in 1863, beginning

7729-625: The Lower Mainland with a regional population of over 3   million. Vancouver has the highest population density in Canada, with over 5,700 inhabitants per square kilometre (15,000/sq mi), and the fourth highest in North America (after New York City , San Francisco , and Mexico City ). Vancouver is one of the most ethnically and linguistically diverse cities in Canada: 49.3 percent of its residents are not native English speakers, 47.8 percent are native speakers of neither English nor French, and 54.5 percent of residents belong to visible minority groups. It has been consistently ranked one of

7860-424: The Pacific. Examples include the monkey puzzle tree , the Japanese maple and various flowering exotics, such as magnolias , azaleas and rhododendrons . Some species imported from harsher climates in Eastern Canada or Europe have grown to immense sizes. The native Douglas maple can also attain a tremendous size. Many of the city's streets are lined with flowering varieties of Japanese cherry trees donated from

7991-461: The United States (15.85%), Japan (6.84%), China (4.42%), Germany (4.00%), the United Kingdom (3.75%), France (3.75%), India (2.91%), Russia (2.77%), Saudi Arabia (2.77%) and Italy (2.64%). Under the changes, known as 'Voice Reform – Phase 2', countries other than China that saw significant gains included South Korea , Turkey, Mexico , Singapore, Greece , Czech Republic , Hungary , Brazil, India , and Spain. Most developed countries' voting power

SECTION 60

#1732798258393

8122-430: The Vancouver area from 8,000 to 10,000 years ago. The Squamish , Musqueam , and Tsleil-Waututh (Burrard) peoples of the Coast Salish group had villages in various parts of present-day Vancouver, such as Stanley Park , False Creek , Kitsilano , Point Grey and near the mouth of the Fraser River . Europeans became acquainted with the area of the future Vancouver when José María Narváez of Spain explored

8253-434: The World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. McNamara was succeeded by U.S. President Jimmy Carter 's nominee, Alden W. Clausen , in 1980. Clausen replaced many members of McNamara's staff and crafted a different mission emphasis. His 1982 decision to replace the bank's Chief Economist, Hollis B. Chenery , with Anne Krueger

8384-414: The World Bank Group president and 25 executive directors. The president is the presiding officer, and ordinarily has no vote except to break a tie. The executive directors as individuals cannot exercise any power or commit or represent the bank unless the boards specifically authorized them to do so. With the term beginning 1 November 2010, the number of executive directors increased by one, to 25. In 2020,

8515-469: The World Bank had 12,300 full-time staff, and it operated in 145 countries. Some notable politicians who worked for the World Bank include: The International Bank for Reconstruction and Development (IBRD) has 189 member countries, while the International Development Association (IDA) has 174. Each member state of IBRD should also be a member of the International Monetary Fund (IMF) and only members of IBRD are allowed to join other institutions within

8646-406: The World Bank reduced the transformative potential of SDG 10 during the agenda-setting stage. The bank has stated its ambition to help catalyze the SDGs through “thought leadership, global convening, and country-level uptake”. In general, the World Bank strategically uses the power of the Sustainable Development Goals (SDGs) in its favor to reinforce its own policies or interests while minimizing

8777-482: The World Bank's 2012 annual meeting in Tokyo, a review of these safeguards was initiated, which was welcomed by several civil society organisations. As a result, the World Bank developed a new Environmental and Social Framework, which has been in implementation since 1 October 2018. The World Bank or the World Bank Group is also a sitting observer in the United Nations Sustainable Development Group . Beginning in 1989, in response to harsh criticism from many groups,

8908-404: The World Bank’s total commitments amounted to USD 77.1 billion and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of the Sustainable Development Goals . As a guideline to the World Bank's operations in any particular country,

9039-521: The airport was 34.4 °C (93.9 °F) set on July 30, 2009, and the highest temperature ever recorded within the city of Vancouver was 35.0 °C (95.0 °F) occurring first on July 31, 1965, again on August 8, 1981, and also on May 29, 1983. The coldest temperature ever recorded in the city was −17.8 °C (0.0 °F) on January 14, 1950 and again on December 29, 1968. On average, snow falls nine days per year, with three days receiving 5 cm (2.0 in) or more. Average yearly snowfall

9170-438: The bank (such as IDA). The five United Nations member states that are not members of the World Bank are Andorra, Cuba, Liechtenstein, Monaco, and North Korea. Kosovo is not a member of the UN, but is a member of the IMF and the World Bank Group, including the IBRD and IDA. In 2010, voting powers at the World Bank were revised to increase the voice of developing countries, notably China. The countries with most voting power are now

9301-457: The bank began including environmental groups and NGOs in its loans to mitigate the past effects of its development policies that had prompted the criticism. It also formed an implementing agency, in accordance with the Montreal Protocols, to stop ozone-depletion damage to the Earth's atmosphere by phasing out the use of 95% of ozone-depleting chemicals, with a target date of 2015. Since then, in accordance with its so-called "Six Strategic Themes",

9432-563: The bank has put various additional policies into effect to preserve the environment while promoting development. For example, in 1991, the bank announced that to protect against deforestation , especially in the Amazon , it would not finance any commercial logging or infrastructure projects that harm the environment. For the poorest developing countries in the world, the bank's assistance plans are based on poverty reduction strategies ; by combining an analysis of local groups with an analysis of

9563-495: The building of high-rise residential towers in Vancouver's West End , subject to strict requirements for setbacks and open space to protect sight lines and preserve green space. The success of these dense but livable neighbourhoods led to the redevelopment of urban industrial sites, such as North False Creek and Coal Harbour, beginning in the mid-1980s. The result is a compact urban core that has gained international recognition for its "high amenity and 'livable' development". In 2006,

9694-451: The chance of being itself reshaped or transformed by these goals. Scholars found that the World Bank used the growing momentum of the (SDGs) to further its strategic objectives without being influenced by the SDGs in turn. Also, the bank engaged with the SDGs selectively; efforts to integrate the goals into organizational practices remained limited; and their inclusion in country-level processes

9825-552: The city its name in honour of George Vancouver . The Great Vancouver Fire on June 13, 1886, razed the entire city. The Vancouver Fire Department was established that year and the city quickly rebuilt. Vancouver's population grew from a settlement of 1,000 people in 1881 to over 20,000 by the turn of the century and 100,000 by 1911. Vancouver merchants outfitted prospectors bound for the Klondike Gold Rush in 1898. One of those merchants, Charles Woodward, had opened

9956-409: The city launched a planning initiative entitled EcoDensity , with the stated goal of exploring ways in which "density, design, and land use can contribute to environmental sustainability, affordability, and livability". The Vancouver Art Gallery is housed downtown in the neoclassical former courthouse built in 1906. The courthouse building was designed by Francis Rattenbury , who also designed

10087-481: The city population belonged to a visible minority group; at the same time, this proportion was roughly 14 percent for the entire metropolitan area . By 2016, the proportion in the city had grown to 52 percent. Prior to the Hong Kong diaspora of the 1990s, the largest non-British ethnic groups in the city were Irish and German , followed by Scandinavian , Italian , Ukrainian , Chinese, and Punjabi . From

10218-601: The city's long relationship with logging. It was quickly followed by mills owned by Captain Edward Stamp on the south shore of the inlet. Stamp, who had begun logging in the Port Alberni area, first attempted to run a mill at Brockton Point , but difficult currents and reefs forced the relocation of the operation in 1867 to a point near the foot of Dunlevy Street. This mill, known as the Hastings Mill , became

10349-670: The city's old downtown core were, in their day, the tallest commercial buildings in the British Empire . These were, in succession, the Carter-Cotton Building (former home of The Province newspaper), the Dominion Building (1907) and the Sun Tower (1911), the former two at Cambie and Hastings Streets and the latter at Beatty and Pender Streets. The Sun Tower's cupola was finally exceeded as

10480-452: The city. Hogan's Alley , a small area adjacent to Chinatown, just off Main Street at Prior, was once home to a significant black community. The Black population consists of Somalis , Jamaicans/Caribbeans, and other groups, including those who descended from African Americans. The neighbourhood of Strathcona was the core of the city's Jewish community. In 1981, approximately 24 percent of

10611-576: The city. While some manufacturing did develop, including the establishment of the British Columbia Sugar Refinery by Benjamin Tingley Rogers in 1890, natural resources became the basis for Vancouver's economy. The resource sector was initially based on logging and later on exports moving through the seaport, where commercial traffic constituted the largest economic sector in Vancouver by the 1930s. The dominance of

10742-542: The cityscape, and on a clear day, scenic vistas include the snow-capped volcano Mount Baker in the state of Washington to the southeast, Vancouver Island across the Strait of Georgia to the west and southwest, and Bowen Island to the northwest. The vegetation in the Vancouver area was originally temperate rainforest , consisting of conifers with scattered pockets of maple and alder and large areas of swampland (even in upland areas, due to poor drainage). The conifers were

10873-615: The coast of present-day Point Grey and parts of Burrard Inlet in 1791—although one author contends that Francis Drake may have visited the area in 1579 . The explorer and North West Company trader Simon Fraser and his crew became the first-known Europeans to set foot on the site of the present-day city. In 1808, they travelled from the east down the Fraser River, perhaps as far as Point Grey. The Fraser Gold Rush of 1858 brought over 25,000 men, mainly from California , to nearby New Westminster (founded February 14, 1859) on

11004-574: The country's financial and economic situation the World Bank develops a plan pertaining to the country in question. The government then identifies the country's priorities and targets for the reduction of poverty, and the World Bank instigates its aid efforts correspondingly. Forty-five countries pledged US$ 25.1 billion in "aid for the world's poorest countries", aid that goes to the World Bank International Development Association (IDA), which distributes

11135-402: The delivery of 63,000 liters of fuel to the Didipio mine. On 6 April 2020, more than 100 police officers armed with riot gear escorted three diesel tankers owned by OceanaGold and forcibly dispersed the barricade set up by Didipio residents. One person was arrested and charged with violating quarantine protocols and civil disobedience. According to a CHR statement, several residents were injured in

11266-741: The demolition crews from dismantling the house of his neighbor Manuel Bidang, who was still asleep inside. Although officers of the Philippine National Police were present during the demolition, the shooter was not apprehended. In January 2011, the CHR issued Resolution No. A2011-004 denouncing the "alarming human rights situation in Barangay Didipio, Kasibu, Nueva Vizcaya" after receiving and verifying complaints from its mostly indigenous residents. The commission found OceanaGold had committed several human rights violations against

11397-601: The dispersal, most of whom were indigenous women. The incident prompted a statement from the Office of the United Nations High Commissioner for Human Rights denouncing the "unnecessary and disproportionate" use of force and urged the company to stop its operations, beyond maintaining a water pump, until indigenous and local communities have been consulted and have consented. In response, OceanaGold released its own statement explaining that they sought

11528-546: The downtown area and 2,044 mm (80.5 in) in North Vancouver. The daily maximum averages 22 °C (72 °F) in July and August, with highs rarely reaching 30 °C (86 °F). The summer months are typically dry, with only one in five days receiving precipitation during July and August. In contrast, most days from November through March record some precipitation. The highest temperature ever recorded at

11659-825: The downtown area, including the Harbour Centre , the Vancouver Law Courts and surrounding plaza known as Robson Square (designed by Arthur Erickson ) and the Vancouver Library Square (designed by Moshe Safdie and DA Architects ), reminiscent of the Colosseum in Rome, and the recently completed Woodward's building Redevelopment (designed by Henriquez Partners Architects ). The original BC Hydro headquarters building (designed by Ron Thom and Ned Pratt) at Nelson and Burrard Streets

11790-560: The economy by big business was accompanied by an often militant labour movement . The first major sympathy strike was in 1903 when railway employees struck against the CPR for union recognition. Labour leader Frank Rogers was killed by CPR police while picketing at the docks, becoming the movement's first martyr in British Columbia. The rise of industrial tensions throughout the province led to Canada's first general strike in 1918, at

11921-415: The expiration of their FTAA. Nueva Vizcaya's provincial council also passed a local resolution officially opposing the renewal of the company's FTAA. To enforce this resolution, the government of Nueva Vizcaya placed checkpoints augmented by blockades manned by local residents along the mine's access roads, effectively preventing the mine from operating. In January 2020, President Rodrigo Duterte authorized

12052-485: The first Woodward's store at Abbott and Cordova Streets in 1892 and, along with Spencer's and the Hudson's Bay department stores, formed the core of the city's retail sector for decades. The economy of early Vancouver was dominated by large companies such as the CPR, which fuelled economic activity and led to the rapid development of the new city; in fact, the CPR was the main real estate owner and housing developer in

12183-405: The first time, two non-US citizens were nominated. The nominee is subject to confirmation by the board of executive directors to serve a five-year, renewable term. While most World Bank presidents have had banking experience, some have not. On 23 March 2012, U.S. president Barack Obama announced that the United States would nominate Jim Yong Kim as the next president of the bank. Jim Yong Kim

12314-483: The first woman elected to a provincial legislature in Canada in 1918. Alcohol prohibition began in the First World War and lasted until 1921 when the provincial government established control over alcohol sales, a practice still in place today. Canada's first drug law came about following an inquiry conducted by the federal minister of Labour and future prime minister, William Lyon Mackenzie King . King

12445-499: The fourth-most expensive real estate market in the world in 2019. Vancouver has also been ranked among Canada's most expensive cities to live in. Sales in February 2016 were 56.3 percent higher than the 10-year average for the month. Forbes also ranked Vancouver as the tenth-cleanest city in the world in 2007. Vancouver's characteristic approach to urban planning originated in the late 1950s, when city planners began to encourage

12576-450: The highest concentrations of ethnic Chinese residents in North America. Another significant Asian ethnic group in Vancouver includes South Asians , forming approximately 7 percent of the city's inhabitants; while a small community had existed in the city since 1897, larger waves of migration began in the 1950s and 1960s, prompting new Punjabi immigrants to establish a Little India (known as Punjabi Market ) and preside over much of

12707-562: The larger Metro Vancouver region, it is influenced by the policy direction of livability as illustrated in Metro Vancouver's Regional Growth Strategy. Vancouver ranked high on the Global Liveability Ranking and stood at number 1 on the list for several years until 2011. In recent years, it has dropped, ranking as low as 16 in 2021. As of 2022 , Vancouver was ranked as having the fifth-highest quality of living of any city on Earth. According to Forbes , Vancouver had

12838-510: The largest film production centres in North America, earning it the nickname " Hollywood North ". The city takes its name from George Vancouver , who explored the inner harbour of Burrard Inlet in 1792 and gave various places British names. The family name "Vancouver" itself originates from the Dutch "van Coevorden", denoting somebody from the city of Coevorden , Netherlands. The explorer's ancestors came to England "from Coevorden", which

12969-730: The last 10 years through Development Policy Financing was approximately $ 117 billion. Its five organizations are: The first two are sometimes collectively referred to as the World Bank. To ensure that World Bank-financed operations do not compromise these goals but instead add to their realisation, the following environmental, social, and legal safeguards were defined: Environmental Assessment, Indigenous Peoples, Involuntary Resettlement, Physical Cultural Resources, Forests, Natural Habitats, Pest Management, Safety of Dams, Projects in Disputed Areas, Projects on International Waterways, and Performance Standards for Private Sector Activities. At

13100-731: The loans to eighty poorer countries. Wealthier nations sometimes fund their own aid projects, including those for diseases. Robert B. Zoellick, the former president of the World Bank, said when the loans were announced on 15 December 2007, that IDA money "is the core funding that the poorest developing countries rely on". World Bank organizes the Development Marketplace Awards , a grant program that surfaces and funds development projects with potential for development impact that are scalable and/or replicable. The grant beneficiaries are social enterprises with projects that aim to deliver social and public services to groups with

13231-466: The lowest incomes. In 2013 the bank adopted the concept of Shared Prosperity as one of the World Bank’s “Twin Goals” for that year, with the other one focusing on poverty reduction, aiming to reduce the share of people in extreme poverty to 3 percent of the global population by 2030. The bank defined Shared Prosperity as increasing the income of the bottom 40 percent of the population in each country. As

13362-608: The majority of the community support the renewal of their FTAA. On 15 July 2021, President Duterte approved the renewal of OceanGold's FTAA, allowing the company to fully operate once again. The Didipio mine has resumed mineral processing of gold and copper in November 2021, and has returned to full production as of 2023. On 22 April 2024, Jose Elmer Mangalinao , Pastor Romualdo Robles, Didipio Earth-Savers’ Multi-Purpose Association Inc. and concerned Nueva Vizcaya residents, joined by provincial government and other organizations, filed

13493-701: The mass construction of the Vancouver Special across the southeastern quadrant of the city, notably within the Sunset neighbourhood prior to the suburbanization of the community to outer suburbs such as Surrey or Delta. Other Asian-origin groups that reside in Vancouver include Filipinos (5.9%), Japanese (1.7%), Korean (1.7%), West Asians (1.9%), as well as sizable communities of Vietnamese , Indonesians , and Cambodians . Despite increases in Latin American immigration to Vancouver in

13624-468: The mid-1950s until the 1980s, many Portuguese immigrants came to Vancouver, and the city had the third-largest Portuguese population in Canada in 2001. Eastern Europeans, including Russians , Czechs , Poles , Romanians and Hungarians began immigrating after the Soviet takeover of Eastern Europe after World War II . Greek immigration increased in the late 1960s and early '70s, with most settling in

13755-403: The modern city, which was originally named Gastown , grew around the site of a makeshift tavern on the western edges of Hastings Mill that was built on July 1, 1867, and owned by proprietor Gassy Jack . The Gastown steam clock marks the original site. Gastown then formally registered as a townsite dubbed Granville , Burrard Inlet . The city was renamed "Vancouver" in 1886 through a deal with

13886-443: The necessary permits from the national and local government to conduct an "emergency fuel delivery" to maintain the operation of a water pump preventing the underground mine from flooding. The company maintains that they "did not participate in the fuel delivery" and that they are "not a party to any judicial action relating to the protest." OceanaGold also claims that only a "small number of local people" oppose their operations and that

14017-451: The negotiations. The intention behind the founding of the World Bank was to provide temporary loans to low-income countries that could not obtain loans commercially. The bank may also make loans and demand policy reforms from recipients. In its early years, the bank made a slow start for two reasons: it was underfunded, and there were leadership struggles between the US executive director and

14148-441: The northern banks that had been the primary sources of funding. Rotberg used the global bond market to increase the capital available to the bank. One consequence of the period of poverty alleviation lending was the rapid rise of debt of developing countries . From 1976 to 1980, developing world debt rose at an average annual rate of 20%. The World Bank Administrative Tribunal was established in 1980, to decide on disputes between

14279-499: The nucleus around which Vancouver formed. The mill's central role in the city waned after the arrival of the Canadian Pacific Railway (CPR) in the 1880s. It nevertheless remained important to the local economy until it closed in the 1920s. The settlement, which came to be called Gastown , proliferated around the original makeshift tavern established by Gassy Jack in 1867 on the edge of the Hastings Mill property. In 1870,

14410-682: The population of the enlarged Vancouver was 228,193. Located on the Burrard Peninsula , Vancouver lies between Burrard Inlet to the north and the Fraser River to the south. The Strait of Georgia , to the west, is shielded from the Pacific Ocean by Vancouver Island . The city has an area of 115.18 km (44.47 sq mi), including both flat and hilly ground and is in the Pacific Time Zone (UTC−8) and

14541-479: The president of the organization. When the Marshall Plan went into effect in 1947, many European countries began receiving aid from other sources. Faced with this competition, the World Bank shifted its focus to non-European allies. Until 1968, its loans were earmarked for the construction of infrastructure works, such as seaports, highway systems, and power plants, that would generate enough income to enable

14672-484: The provincial government, the municipal government of Kasibu, the local government of Didipio and the local police to stop any mining activities by OceanaGold. The company filed a plea of injunction with the Bayombong Regional Trial Court to challenge the order, but was denied. Padilla further warned OceanaGold that they would face court charges for allegedly continuing mining activities despite

14803-545: The public in a way that encourages reuse, whereas the recent publications describing them are available as open access under a Creative Commons Attribution License , for which the bank received the SPARC Innovator 2012 award. The World Bank hosts the Open Knowledge Repository as an official open access repository for its research outputs and knowledge products. The World Bank's repository

14934-465: The southern slopes of False Creek and English Bay, especially around Jericho Beach . The forest in Stanley Park was logged between the 1860s and 1880s, and evidence of old-fashioned logging techniques such as springboard notches can still be seen there. Many plants and trees growing throughout Vancouver and the Lower Mainland were imported from other parts of the continent and points across

15065-460: The state. The Haile property site is approximately 17 miles southeast of the city of Lancaster, the county seat, which is approximately 30 miles south of Charlotte, North Carolina . It is also approximately 50 miles northeast of Columbia, South Carolina . Geologically, Haile is situated in the Carolina terrane, which also hosts the past-producing Ridgeway and Brewer Gold Mines. The Carolina terrane

15196-535: The structural adjustment programs of the World Bank had been responsible for "reduced health, nutritional and educational levels for tens of millions of children in Asia , Latin America , and Africa ". The president of the bank is the president of the entire World Bank Group . The president is responsible for chairing meetings of the boards of directors and for overall management of the bank. Traditionally, based on

15327-714: The ticker "OGC" and was formerly listed on the Australian Securities Exchange. OceanaGold was founded in 1989 in New Zealand, then known as the Macraes Mining Company Ltd. The company commenced gold production at Macraes in 1990. The company was renamed GRD Macraes Ltd in 1998 and Oceana Gold (New Zealand) Ltd in 2004. The Macraes Operation, located on the South Island of New Zealand, is the country’s largest gold producing operation. The wholly-owned Macraes Operation includes

15458-523: The total population of Vancouver. Of the total immigrant population, the top countries of origin were mainland China (63,275 persons or 23.1%), Philippines (29,930 persons or 10.9%), Hong Kong (25,480 persons or 9.3%), India (14,640 persons or 5.3%), United Kingdom (12,895 persons or 4.7%), Vietnam (12,120 persons or 4.4%), Taiwan (9,870 persons or 3.6%), United States of America (9,790 persons or 3.6%), Iran (8,775 persons or 3.2%), and South Korea (6,495 persons or 2.4%). Pan-ethnic breakdown of Vancouver from

15589-609: The underground operations referred to as Waihi underground, comprises the two main mining areas of Correnso and Martha Underground. Currently there is no more ore planned to be extracted from Correnso and backfilling of current drives in line with consent conditions is the only work being carried out. Development and Production activities continue in Martha Underground. Correnso and Martha Underground will collectively be referred to as Waihi Underground in this report unless specifically separated out. In 2006, OceanaGold acquired

15720-665: The use of the funds to ensure that the French government met the conditions. In addition, before the loan was approved, the United States Department of State told the French government that its members associated with the Communist Party would first have to be removed. The French government complied and removed the Communist coalition government —the so-called tripartite . Within hours, the loan to France

15851-542: The vaccine The US Treasury has committed $ 667 million for the World Bank's global Pandemic Fund, a third of the $ 2 billion the fund hopes to raise. The Pandemic Fund, established in September 2022, is a collaborative initiative among countries, implementing partners, philanthropies, and civil society organizations. It aims to fund investments that address critical gaps in pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with

15982-408: The war, these Japanese-Canadian men and women were not allowed to return to cities like Vancouver causing areas, like the aforementioned Japantown , to cease to be ethnically Japanese areas as the communities never revived. Amalgamation with Point Grey and South Vancouver gave the city its final boundaries not long before it became the third-largest metropolis in the country. As of January 1, 1929,

16113-628: Was among the inducements for British Columbia to join the Confederation in 1871, but the Pacific Scandal and arguments over the use of Chinese labour delayed construction until the 1880s. The City of Vancouver was incorporated on April 6, 1886, the same year that the first transcontinental train arrived. CPR president William Van Horne arrived in Port Moody to establish the CPR terminus recommended by Henry John Cambie and gave

16244-400: Was an example of this new focus. Krueger was known for her criticism of development funding and for describing developing countries' governments as " rent-seeking states". During the 1980s, the bank emphasized lending to service debt of developing countries, and structural adjustment policies designed to streamline the economies of developing nations. UNICEF reported in the late 1980s that

16375-491: Was approved. From 1974 to 1980, the bank concentrated on meeting the basic needs of people in the developing world . The size and number of loans to borrowers greatly increased, as loan targets expanded from infrastructure into social services and other sectors. These changes can be attributed to Robert McNamara , who was appointed to the presidency in 1968 by Lyndon B. Johnson . McNamara implored bank treasurer Eugene Rotberg to seek out new sources of capital outside of

16506-412: Was elected on 27 April 2012 and reelected to a second five-year term in 2017. He announced that he would resign effective 1 February 2019. He was replaced on an interim basis by now-former World Bank CEO Kristalina Georgieva , then by David Malpass on 9 April 2019. David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question the role of humans in climate change ". In 2023,

16637-667: Was first filed by Pacific Rim Mining in 2009. The mine at Reefton on the West Coast of the South Island opened in 2007. It closed in 2016. The Reefton Restoration Project is a comprehensive closure and rehabilitation program currently underway at the site. Rehabilitation works to date have included ground preparation, including waste rock reshaping, backfilling operations and seedling coverage. OceanaGold reported total direct and indirect carbon dioxide equivalent (CO2e) emission for 31 December 2020 at 232 Kt (−16 /-6.6% y-o-y). There

16768-454: Was reduced, along with a few developing countries such as Nigeria . The voting powers of the United States, Russia and Saudi Arabia were unchanged. The changes were brought about with the goal of making voting more universal in regards to standards, rule-based objective indicators, and transparency among other things. Now, developing countries have an increased voice in the "Pool Model", backed especially by Europe. Additionally, voting power

16899-497: Was sent to investigate damages claims resulting from a riot when the Asiatic Exclusion League led a rampage through Chinatown and Japantown . Two of the claimants were opium manufacturers, and after further investigation, King found that white women were reportedly frequenting opium dens as well as Chinese men. A federal law banning the manufacture, sale, and importation of opium for non-medicinal purposes

17030-533: Was soon passed based on these revelations. These riots, and the formation of the Asiatic Exclusion League, also act as signs of a growing fear and mistrust towards the Japanese living in Vancouver and throughout BC. These fears were exacerbated by the attack on Pearl Harbor leading to the eventual internment or deportation of all Japanese-Canadians living in the city and the province. After

17161-720: Was the location of the first gold rush in the United States in the early 1800s. In 2022, OceanaGold secured the final permits to expand its Haile mining operations in Kershaw. OceanaGold acquired the El Dorado Project in El Salvador in late 2013 through the acquisition of Pacific Rim Mining Corporation . El Dorado operated as an underground mine from 1948 to 1953. At the time of its purchase by OceanaGold and today, El Dorado has been an exploration project and has not been an operating mine since 1953. OceanaGold has closed

#392607