Causing major harms through development projects

"World Bank-funded projects have also continually been found to be in direct, serious violation of international human rights standards. Major recurring issues include mass evictions and the forced displacement of peoples and communities for major infrastructure and agricultural projects (see Observer Spring 2015), violations of the rights of indigenous and forest peoples, targeting of human rights defenders, triggering local food insecurity, and serious labour rights violations, such as child and forced labour reportedly being used in Bank-funded projects (see Observer Winter 2016). The IFC has also been shown on several occasions to have invested in companies that avoid or evade taxes (see Observer Autumn 2016). More recently, the Bank has also acknowledged that its projects can create an environment that can foster gender-based violence, including sexual abuse and the spread of HIV/AIDS (see Observer Spring 2017).

"To safeguard against risks like these, the World Bank launched its revised Environmental and Social Framework in 2018, although it applies only to its project lending and not to its DPF.

"Many in civil society remain unconvinced that the safeguards are fit for purpose if the Bank is to deliver on its mandate to implement policies that benefit the poorest, especially as the Bank is set to focus on more complex and difficult environments from 2018."

#ForcedRelocation #ForcedDisplacement #HumanRightsViolations #EnvironmentalDegradation #IndigenousPeoples #ForestPeoples #SaveTheForests #Exploitation #CorporateColonialism
#IMFLoanSharks #WorldBank #GenderBasedViolence #ManCamps