A new report by Coalition members Accountability Counsel, Bank Information Center, Inclusive Development International, and Urgewald, together with 11.11.11, Ulu Foundation, and Tarkapaw Youth Group, reveals harmful, hidden investments by the International Finance Corporation, the private sector arm of the World Bank, throughout Southeast Asia. The report chronicles how the IFC uses private intermediaries to outsource its financing decisions, thus allocating funds to projects that have not been subject to the IFC’s Performance Standards, which are intended to fully evaluate and guard against environmental and human rights risks. As a result, across Southeast Asia, IFC funding has gone to projects that have already caused serious environmental and human rights damages or that have the potential to do so in the future. For more information, read the report here.
New Report Highlights Harmful and High Risk Projects in Southeast Asia
Mar 17, 2017
Kichwa leader, Marisol García, is demanding that Total Energies be held responsible for buying carbon credits from a project that displaced her community from their territory. Stay tuned to @ForestPeoplesP for news from her trip to Paris.
🔥On May 13, 2024, Mr. Fred Balikenda & his family of 12 including a baby & several children were evicted from their home by @GovUganda for @TotalEnergiesUG's Tilenga oil project. The family's house was demolished. Read the statement on their eviction: https://www.afiego.org/wp-content/uploads/2024/05/Statement-on-Mr.-Fred-Balikendas-eviction-17-May-2024.pdf
🌍 We're urging the @ADB_HQ to go back to the drawing board! 🖌️ It's time for an overhaul of the proposed ESF, updating the outdated 2009 Safeguards Policy.
READ: https://www.forum-adb.org/post/forumesfsubmission
🚨 @CSOLifeline funds are available!
☑️ Advocacy grants for #CSOs pushing back against threats to #civicfreedoms
☑️ Resiliency #grants for CSOs in high-risk environments
☑️ Small, short-term crisis assistance for #humanrights CSOs under threat
Apply! 👉 https://www.icnl.org/our-work/global-programs/lifeline