Joint letter to incoming World Bank President

Inclusive Development International joined 16 other organizations to send a letter to the new President of the World Bank Group, Mr. Ajay Banga, expressing concern that the institution is moving ahead with its Evolution Roadmap and plans to scale up lending to address the global climate and other crises without adequate safeguards in place.

Inclusive Development International joined 16 other organizations to send a letter to the new President of the World Bank Group, Mr. Ajay Banga, expressing concern that the institution is moving ahead with its Evolution Roadmap and plans to scale up lending to address the global climate and other crises without adequate safeguards in place. We and our cosignatories are deeply concerned that the institution is not doing what is necessary to address potential adverse consequences of its investments and that it lacks a strong commitment to providing remedy where harm occurs. We are calling for improvements specifically to the draft IFC/MIGA remedy and responsible exit framework that is in development. Read the full letter here.

Categories:
Tags:

Sign Up!

Hey, you seem interested in our work.  Why not sign up to our mailing list for occasional updates, alerts and actions?