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How The World Bank Is Financing Environmental Destruction. India. A Power Plant Backed By The World Bank Group Threatens A Way Of Life. Honduras. World Bank’s Business-Lending Arm Backed Palm Oil Producer Amid Deadly Land War. Kosovo. Kosovars Who Rebuilt War-Torn Village Face New Threat As World Bank Considers Coal-Burning Power Plant
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
Ukraine has received a $3.9 billion grant from the United States via the World Bank, Ukrainian Prime Minister Denys Shmyhal said on Monday. The Ukrainian finance ministry, in a separate statement ...
Last year, the WHO and the World Bank estimated the need for $10.5 billion in annual funding for pandemic preparedness. BY THE NUMBERS The fund has already raised $2 billion in seed capital from ...
The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle-income countries for the purposes of ...
The World Bank-China ranking controversy refers to the alleged manipulation of China’s ranking in the World Bank’s annual Doing Business report by World Bank officials while they were negotiating a multibillion-dollar capital increase from China.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...