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.
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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.
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9 March 2022
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14 January 2021
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23 August 2017
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7 July 2017
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5 February 2016
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15 October 2015