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.
Other information
22 July 2023
An article from ProPublica exposes how the World Bank Group is backing up biodiversity offset projects via its arm that works with private companies, the International Finance Corporation, which has funded at least 19 with biodiversity offsets.
Bulletin articles
14 May 2020
When the Chure region was declared a Protected Area, the rights of thousands of Community Forest Groups were undermined. They keep resisting despite the overall violence and the accepted project from the Green Climate Fund.
Bulletin articles
23 August 2017
