world bank safeguards
Despite an unprecedented consultative process involving thousands of stakeholders from government, civil society, and the private sector, the review and update of the World Bank safeguard policies has proven to be a missed opportunity for the Bank to reclaim its place as a global leader in development.
Video caption: World Bank Safeguards Explained (Video credits: Bank Information Center) The World Bank has been reviewing
New measures follow ICIJ and HuffPost investigation that revealed bank wasn't enforcing its own rules
At a time when the World Bank is poised to increase its investment in fragile and conflict states, and return to its bad old ways of lending to mega-projects like big dams and infrastructure, strong safeguards to ensure the poorest and most vulnerable don't pay the price are more important than ever.
Former bank official on efforts to protect indigenous peoples: "It's a facade"
“Please pray for me ... I don’t know what to do.”