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 statement calls on climate, environmental and social justice movements to unequivocally reject “Nature-Based Solutions” and all offset schemes because they are not designed to address the climate crisis. It remains open for sign-on until the end of 2021.
A young man was killed and other people are still in prison. It was after a protest against the failure of the PHC company to provide local communities with any benefits after 100 years of illegally occupying their land.
We call on organizations to sign this open letter before this Friday 6th of November!!!
On the eve of the International Day of Struggle against Monoculture Tree Plantations, an open letter signed by more than 730 members of Mozambican communities, and 120 organizations from 40 countries has been released.
This Open Letter is a public reply from the Alert against the Green Desert Network from Brazil and WRM to an email from the investment department of the HSBC bank in the USA, requesting more information regarding the Suzano paper and pulp corporation in Brazil.