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The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
Peaks in the state of Texas [1] [2] [3] Mountain Peak Elevation Prominence Isolation Location Mountain range County; Guadalupe Peak: 8,751 ft 2667 m: 3,031 ft 924 m: 72.6 mi 116.9 km Guadalupe Mountains: Culberson: Shumard Peak: 8,635 ft 2632 m: 899 ft
The World Bank Administrative Tribunal was established in 1980, to decide on disputes between the World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. [20] McNamara was succeeded by U.S. President Jimmy Carter's nominee, Alden W. Clausen, in 1980.
The World Bank Group is the globe’s most influential development lender, bankrolling hundreds of government and corporate projects each year in pursuit of its ambitious mission: to combat extreme poverty by backing new transit systems, power plants, dams, social services and other projects it believes will help boost the fortunes of poor people.
The volcanic peak ranks as the highest point in the Sierra Blanca range, [1] [4] the sixth-highest summit in the county and 54th-highest in the state. [3] It is a prominent landmark along Interstate 10 in Texas , as it is ranked 10th in topographic prominence in the state.
Black Mountain is the ninth-highest peak in the Davis Mountains and it ranks as 21st-highest in the state of Texas. [1] [2] Topographic relief is significant as the summit rises over 2,000 feet (610 m) above Big Aguja Canyon in 1.25 mile (2 km). The mountain is composed of 35 million-year-old igneous rock. [4]
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.
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 ...