A Forest of Money? – PDF Today, BIC is publishing a translation of an important study on international finance for forests in Peru, titled “Un Bosque de Dinero” or “A Forest of Money” in English, which was written in collaboration with Derecho, Ambiente y Recursos Naturales (DAR). This extensive study examines financing from Multilateral Development …
BIC Rebuttal to the World Bank’s Response to BIC’s case studies on Development Policy Operations in Peru, Egypt, Mozambique, and Indonesia March 2017 In January 2017, the Bank Information Center (BIC) along with international and local partner organizations published a report and four case studies on seven World Bank policy lending investments in Peru, Egypt, …
A global group of non-governmental organizations today called on the World Bank, European Investment Bank, Japan International Cooperation Agency, German Development Bank- KFW, French Agency for Development, and other international financial institutions involved with the Olkaria I, IV, and V geothermal projects in Kenya to take immediate action and demand that the project promoter, …
Lima, Peru. January 24, 2017 Summary On January 24th, 2017, Bank Information Center, Derechos Ambiente y Recursos Naturales (DAR) and AIDESEP (Interethnic Association of the Peruvian Amazon) presented a workshop titled “Reformas Globales y Alcances Nacionales” to an audience of approximately 50 participants from Peruvian civil society, including representatives from AIDESEP’s executive leadership and its …
Update: World Bank Should Release Draft of Country Partnership Framework for Meaningful Consultation
January 11, 2017 The World Bank is in the process of drafting a new Country Partnership Framework to guide its work in Peru for the next four to six years. This framework is slated to be finalized by April 2017, and is meant to include feedback and comments from stakeholders. However, no draft of this …
SECURING TENURE RIGHTS TO PROTECT FORESTS AND COMBAT CLIMATE CHANGE: EXPLORING THE ROLE OF DEVELOPMENT FINANCE Hosted by Bank Information Center, Oxfam International, Rights and Resources Initiative and Forest Peoples Programme Objectives Held on October 11, 2016, this event represented a unique opportunity for participants to come together and strategize around the role of development …
World Bank Funded Land Allocation for Social and Economic Development (LASED) Project in Cambodia On Tuesday, finance ministers from around the world concluded the third negotiation for the 18th replenishment of the International Development Association (IDA), the World Bank’s fund for the poorest countries. While IDA should be focusing its investments in areas and sectors …
By Debbie Pierce, Forest Associate The World Bank introduced its first safeguard policies over thirty years ago, in response to outrage over harmful impacts of its development projects, including widespread forest destruction and eviction of indigenous peoples. The safeguards were designed to ensure that these impacts would be assessed before the project was implemented, and …
Forests are a livelihood source for an estimated 1.6 billion forest dependent peoples, many of whom are indigenous. These forest dependent peoples comprise 90% of the world’s people living in extreme poverty. It is vital that the World Bank’s safeguard policies ensure protections and rights for these communities, at a time when their resources are …
Washington, DC—Trustees of the Calvert Social Investment Fund are considering a ban on purchasing World Bank bonds, in response to proposed changes to the Bank’s Environmental and Social Framework (ESF) that weaken protections for Indigenous Peoples. Since 2012, the Bank has been revising the ESSF, which is intended to identify and minimize harm caused by …