Search results
Results from the WOW.Com Content Network
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.
The Inspection Panel is an independent accountability mechanism of the World Bank. It was established in September 1993 by the World Bank Board of Directors, and started operations on August 1, 1994. The Panel provides a forum for people who believe that they may be adversely affected by Bank-financed operations to bring their concerns to the ...
The World Bank Group is the globe’s most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection, and as such, they are linked to most of the Sustainable Development Goals. [5] The World Bank has been criticized as promoting inflation and harming economic development.
The Independent Evaluation Group (IEG) is an independent unit within the World Bank Group (WBG) charged with objectively evaluating the activities of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA; collectively, the World Bank), the work of International Finance Corporation (IFC) in private sector development, and the ...
The World Bank strongly disputes that its money supported the mass evictions in western Ethiopia. Even as Anuak refugees and human rights groups have publicly charged that World Bank money has been used to bankroll brutal evictions, the bank has continued to send hundreds of millions of dollars into the same health and education program.
Cover of Accelerated Development in Sub-Saharan Africa, World Bank report published in 1981. The Berg report is the name most commonly used for the World Bank-published report "Accelerated Development in Sub-Saharan Africa: A Plan for Action," written by Elliot Berg in 1981. The report was written in response to a 1979 request from the African ...
The World Bank Group is the globe’s most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.