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.
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.
Communities have a long history of confronting the disasters imposed by corporations and elites. For them, the “emergency” was a reality well before the Covid-19 pandemic. Yet, profit-seekers are abusing the situation to advance land grabs and roll back legislation.
Agro- and meat industries are winning the jackpot with the Covid-19 pandemic. While the pandemic profits stay at the top, devastation is what trickles down to the bottom. The consequences are deadly. A new wave of structural adjustment is on the way that will focus on increasing foreign agribusiness investment and exports of agricultural commodities.
The environmental, climatic and social crisis has been a reality for many for a long time. Yet, rather than acknowledging their contribution to this crisis, corporations and allies use the pandemic to amplify their push to expand Protected Areas, presenting it as a "global solution".
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.
Language is never neutral. Certain concepts have historically been used to dominate people and territories. This article highlights concepts that are usually presented in a positive light but that actually serve economic interests that harm forests and communities.
This bulletin highlights threats involved in the so-called “energy transition,” and exposes its dirty secret of exponential expansion of mining in the global South as a consequence of the massive demand for “green” energy.
An oxymoron describes "a statement that seems to say two opposite things." The World Bank has a lot of experience with oxymoronic initiatives.
We live in an age of ever more “extreme infrastructure.” The construction of roads, railway lines and other infrastructure linking production and resource extraction centres with major consumer areas is tied to profoundly undemocratic forms of elitist planning.