finance
Press releases on International Financial Institutions.
pull the plug on water privatisation
May 15, 2007 - Over 134 groups from 48 countries today called on donor governments to abandon support for a highly controversial agency of the World Bank focused on privatisation called the 'Public-Private Infrastructure Advisory Facility' (PPIAF).
chevrons nigeria pipeline under investigation
3 JULY 2007 – An official inspection will begin on July 15 on the West-African Gas Pipeline, a project led by US oil giant Chevron with support from the World Bank.
Groups Oppose World Bank Climate Funds
BONN (GERMANY), June 5, 2008 – More than 121 groups released today a statement opposing the World Bank’s proposed ‘Climate Investment Funds’ to address climate change and its impacts. [1]
world bank still fuelling climate change
April 13, 2007 -- On the eve of the World Bank’s annual Spring Meetings (Apr. 14-15) Friends of the Earth International challenged the bank's 184 government shareholders to halt all funding for projects contributing to climate change.
World Bank Hands off Forests
Environmental groups at the United Nations climate talks in Bali today urged governments to reject a new World Bank initiative promoting the inclusion of forests in carbon markets. The World Bank initiative, known as the Forest Carbon Partnership Facility (FCPF) is set to be launched on Tuesday 11th December in Bali as part of the discussions on ‘Reducing Emissions through Deforestation in Developing countries’ (REDD).
Banks Financing Agrofuels
Many major European banks are funding the rapid expansion of agrofuel production in Latin America, leading to large scale deforestation, increasing human right abuses and threatening food sovereignty, according to a new report released today.
G8 LEADERS URGED TO DUMP THE WORLD BANK'S CLIMATE INVESTMENT FUNDS
HOKKAIDO (JAPAN), July 4, 2008 - G8 leaders meeting in Hokkaido July 7-9 to tackle issues such as rising oil prices and global warming are being urged to dump the World Bank’s highly controversial ‘climate investment funds’.
