Submission to the Asian Infrastructure Investment Bank on Oman’s Duqm Port Commercial Terminal and Operational Zone Development Project In May 2017, the Bank Information Center and Business & Human Rights Resource Centre issued a joint submission to the Asian Infrastructure Investment Bank (AIIB), sharing concerns over the employment of foreign migrant workers as construction labour …
AIIB must do more to meet its environmental & social commitments (first appeared in Business and Human Rights Resource Centre’s Chinese Responsible Investment Overseas Newsletter Issue 2, June 2017) Shortly after commencing operations in January 2016, the Asian Infrastructure Investment Bank (AIIB) adopted environmental and social standards that committed to investing in sustainable infrastructure projects, including a …
Out of control: The World Bank’s reckless private sector investments in Southeast Asia exposed (March 17, 2017) – Dozens of harmful and high-risk projects in Southeast Asia have received hidden funding from the World Bank Group, an ongoing investigation by Inclusive Development International has revealed. The International Finance Corporation (IFC), the World Bank’s private-sector …
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, …
The AIIB approved $1.7 billion in financing for nine projects in 2016, but still does not have a mechanism to address concerns from people who are affected by those projects. In early February 2017, sixteen civil society organizations called on the AIIB’s Director-General for Compliance, Effectiveness, and Integrity to conduct a public consultation process on a …
The World Bank Group is covertly funding some of India’s largest and most reckless corporations, according to the results of an ongoing investigation by Inclusive Development International. The World Bank’s private-sector arm, the IFC, is bankrolling these companies through its support for six Indian commercial banks. The end users of IFC funds in India are …
by Nezir Sinani, Europe and Central Asia Manager The World Bank Group has secretly funded a coal boom in Asia despite announcing a conditional moratorium on such projects in 2013. Earlier this year, World Bank President Jim Yong Kim said, “If Asia implements the coal-based plans right now, I think we are finished.” Yet the …
On June 29, 2016, BIC co-organized a panel session with the Natural Resource Governance Institute (NRGI) on the ongoing governance challenges in Myanmar’s extractives industries sector and reform options that can contribute to sustainable, inclusive development in the country. The panel event, titled “How Can Myanmar Avoid the Resource Curse?” was hosted by the Carnegie …
Bangladesh has made significant progress in education over the past two decades. With nearly 18 million children enrolled in about 80,000 primary schools in the country. Despite this progress, considerable challenges remain. These were the children who had missed out schooling at the right age or had been forced to drop out, mainly because of …
Activist Medha Patkar speaking on resistance to the Sardar Sarovar dam during the 2014 World Bank Annual Meetings. On Tuesday, June 7th, the Tom Lantos Human Rights Commission of the U.S. Congress held a hearing on the advancement of human rights in India. In his opening remarks, Congressman James P. McGovern, Human Rights Commission Co-Chairman, …