How Development Banks Could Stop Putting Communities at Risk
On paper, most development banks are dedicated to upholding communities' rights to consultation and involvement in making decisions on projects that have an impact on their daily lives. But when those who oppose, criticise, or voice concerns about development efforts are targeted for abuse just for speaking out, it is impossible for them to engage in meaningful involvement.
This is according to Wearing Blinders: How development banks are ignoring reprisal risks, a study published by the Coalition for Human Rights in Development in June 2022, which exposes how development banks are often failing to identify, assess and mitigate reprisal risks. The coalition is an international umbrella group of more than 100 civil society groups.
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Africa:
Here's How Development Banks Could Stop Putting Communities at Risk #AfricaClimateCrisis
allAfrica, 23 September 2022
On paper, most development banks are dedicated to upholding communities' rights to consultation and involvement in making decisions on projects that have an impact on their daily… Read more »
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Africa:
The African Development Bank Issues New Usd 100 Million 7-Year "Feed Africa" Theme Bond Due September 2029
African Development Bank (AfDB), 22 September 2022
On Wednesday 14 September, the African Development Bank (AfDB), rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), issued a USD 100 million 7-year "Feed… Read more »
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Africa:
World Bank Says Global Economy in Danger. Is It?
The Exchange, 14 September 2022
World Bank chief David Malpass said that the world economy was in danger. Read more »
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Mozambique:
World Bank Approves U.S.$250 Million for Urban Transport
AIM, 5 September 2022
The World Bank has approved a grant equivalent to US$250 million to improve mobility and accessibility in the Maputo Metropolitan Area (AMM), a region that includes the cities of… Read more »
InFocus
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(File photo).