An IDB audit confirms that the Bank approved the loan to co-finance two dams in Pamama despite knowledge that the project fails to meet Bank safeguards. The Pando y Monte Lirio dams will divert 90 percent of the River’s water, together with 25 other similar dams in construction or planned for the Chiriquí Viejo River, will transform it into a series of isolated pools with obvious harm to the region’s biodiversity and people that depend on the river.
During the Civil Society Organization Town Hall at the World Bank Annual General Meeting in Tokyo, 2012, a CSO representative from Belgium asked whether President Kim is committed to ensuring that the Safeguards will not be diluted during the review process. Here is President Kim’s response: In the area of safeguards, I agree with you. …
A publication of the Bank Information Center (BIC) Welcome to the October 18, 2012 issue of the IF-Eye – the Bank Information Center’s synthesis of key developments concerning the World Bank. Please send suggestions, contributions and subscription requests to: dschwartz@bicusa.org. Thanks for reading!
Group of Mongolian herder households files complaint with Meg Taylor, the Vice President of the IFC and MIGA’s accountability mechanism, the Compliance Advisor/Ombudsman (“CAO”), at the World Bank’s Annual Meetings in Tokyo.
Vinod Thomas (left), Director General of Independent Evaluation at the Asian Development Bank, and Manish Bapna (right), managing director of the World Resources Institute, say growth won’t last without sustainability and equality
Members of Congress, including Democratic Leader Pelosi and members of House Financial Services Committee, write to U.S. agencies and World Bank President Kim to back proper U.S. government oversight, independent accountability mechanisms and stronger safeguard policies
On a recent visit to Washington, DC, representatives of the Tunisian General Labor Union (UGTT) met with senior officials at the World Bank including the country director for Tunisia to discuss the Bank’s involvement in the country generally and its engagement with the union particularly.
Nezir Sinani of Kosovo’s Institute for Development Policy explains the link between the development of coal-based energy solutions, energy costs, and poverty within Kosovo