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February 22, 2024
Fast Company
A new map called PalmWatch from nonprofit Inclusive Development International makes that deforestation visible—and links it to the brands that use that palm oil in their products. The map shows deforestation on a scale from light yellow, for a small amount of tree cover loss, to a deep red, as that tree cover loss increases. Indonesia and Malaysia are covered in orange and deep red dots (as are so
February 17, 2024
Financial Times
Three of the biggest index providers for stocks and bonds investing, MSCI, FTSE Russell and S&P Dow Jones, have included dozens of companies linked to the Myanmar junta regime in their sustainability indices, according to a new report from Inclusive Development International.
January 30, 2024
The board of the International Finance Corporation wants the lender to resubmit its plan for addressing allegations that it ignored child sex abuse in schools it funded in Kenya.
January 26, 2024
Financial Times
The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by an education company it funded.
November 22, 2023
International Finance Corporation, the World Bank’s private sector arm, comes under fire over its handling of allegations that teachers abused children at schools in Kenya.
October 26, 2023
The International Finance Corporation turned a blind eye to allegations of child sex abuse in one of its education projects for years, according to a damning report by its own watchdog.
October 17, 2023
The Intercept
FOR SHANNON MAY and her husband Jay Kimmelman, the conference call scheduled with the World Bank on September 12, 2020, was make or break. It had been just over 10 years since the Harvard graduates had launched Bridge International Academies, a chain of for-profit schools that had exploded in Africa and South Asia.
October 2, 2023
Sustainable Views
A coalition of green groups have filed a formal complaint against the IFC, which has a stake in Hana Bank – one of the financiers of the Suralaya coal-fired power complex.
September 15, 2023
The Jakarta Post
Residents of Cilegon, Banten province, have accused the World Bank Group of indirectly financing a project to expand a massive coal-fired power plant (PLTU) in Suralaya village, arguing the expanded plant would negatively affect their health and livelihood, environmental groups said on Thursday.