Public Finance
International Financial Institutions (IFIs) use public money to undertake or support investments in other countries. There are two kinds: multilateral development banks and export credit agencies. The mission of most IFIs is 'poverty alleviation'. But loans from IFIs have caused grave environmental and social problems for millions of people all over the world. Friends of the Earth International exposes the role of these banks in supporting the private sector; campaigns against the privatization of public services, calls for an end to the financing of harmful fossil fuel and mining projects, strives to enhance civil society control over the institutions, and works for the recognition of ecological debt.
click here to visit our campaign on finance and climate change
The story of iirsa
new booklet: Latin American people versus mega infrastructure projects and trade negotiations with the European Union. Friends of the Earth International, May 2008 Read more here. may 4 -6 2008, madrid: foei at adb meeting
Check out our activities with the NGO Forum on the Asian Development Bank here
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