The World Bank and Other Financial Institutions
“Poverty alleviation,” “sustainability,” “prosperity” and "development" are key words in the public relations materials of the World Bank, its private arm, the International Financial Corporation (IFC), and other development finance agencies. In reality, the policies, programmes and projects promoted by these institutions have time and again caused more poverty, violence and forest destruction.
The development narrative continues to be revived despite its role in driving the current crisis and the millions of livelihoods it has destroyed through displacement and dispossession.
This article is about how so-called ‘development cooperation’ hides, and grants legitimacy to, an agenda of dispossession and capitalist expansion; and how this ‘cooperation’ actually co-opts the political agenda of grassroots movements.
Sign this letter to alert people in the global North! Stop development agencies from promoting expansion of large-scale tree plantations.
Company plans 75,000 hectare expansion of Industrial Tree Plantations in Seven Countries in the Global South: Sierra Leone, Ghana, Uganda, Ethiopia, Peru, Ecuador and Paraguay. Download the leafelt to know more about the company and why communities should be alert.