US EditionWorld Bank Under Scrutiny Over Tajikistan Hydropower Project
6 Articles
6 Articles
World Bank Under Scrutiny Over Tajikistan Hydropower Project
The World Bank is under fire over allegations of impropriety in financing the Rogun Dam project in Tajikistan. Specifically, bank officials are facing accusations that they failed to comply with procedures to account for potential environmental and socio-economic harms associated with the project. A statement issued April 8 by the World Bank’s Inspection Panel, an independent investigative body, announced the registration of a formal Request for…
A new World Bank study advocates for more and better investments in public goods and services related to the agri-food sector in Brazil. These include agricultural innovation, sanitary and phytosanitary systems, and infrastructure capable of withstanding climate change. According to the report, this could bring more economic and social benefits than private investments, such as […]
Green movement slams World Bank for ‘hypocrisy’
THE Philippine Movement for Climate Justice (PMCJ) has condemned the World Bank for what it calls “hypocritical” financing practices, following the approval of an $800 million loan to support the Philippines’ clean energy transition. Recently, the World Bank green-lit the First Energy Transition and Climate Resilience Development Policy Loan (FETCR DPL), aimed at bolstering reforms […]
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