A federal district court in Washington, D.C., ruled last week that the International Finance Corporation (IFC), the private lending arm of the World Bank Group, has absolute immunity and thus cannot be sued in the United States. Fishing communities and farmers whose livelihoods are threatened by the Tata Mundra coal-fired power plant filed suit against the IFC last year, represented by EarthRights International. The plaintiffs plan to appeal the decision. Read more from EarthRights International and Bank Information Center here and here.
U.S. Court Rules that IFC Cannot be Sued
Mar 30, 2016
If you are in #Tbilisi, don't miss this beautiful art exhibition organised by @forum_adb showcasing some of the stories of communities across #Asia impacted by @ADB_HQ projects
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🌍 Join us for an insightful session on protecting people and the planet!
🌿 Forum is shedding light on CSO reflections regarding the @ADB_HQ Draft ESF and proposed changes in safeguards policy.
We'll discuss recommendations to safeguard project-affected individuals and…
🎨✨ In TBILISI now!
🌊 Explore a preview of our exhibition exposing the link between environmental degradation, social injustice, and human rights violations caused by @ADB_HQ projects.
With @ceebankwatch, @RightsinDevt, Green Alternative ✊🏽
Can't make it? No worries, catch…
The Lower Sesan 2 Dam is being partly funded by ABBank, a financial intermediary (FI) client of the @IFC_org. Financial intermediaries represent the nexus between development finance and commercial banking.
Read about the Lower Sesan 2 Dam Project here: http://bit.ly/IFC_LowerSesan2