Coalition member Human Rights Watch reports that three human rights defenders have lodged a formal complaint against the World Bank’s International Finance Corporation (IFC) regarding forced labor in the Uzbek cotton industry. The complaint demands an investigation of forced labor linked to Indorama Kokand Textile, a cotton processing company and recent recipient of a $40 million loan from the IFC. This loan is seen to support the coercive cotton production industry controlled by the Uzbek government and to perpetuate a system where over a million people are forced to harvest cotton every year. For human rights activists, this sets a dangerous precedent where the World Bank and IFC disregard their own labor standards and use public funds to help an abusive industry profit from forced labor. Read more here.
Uzbekistan: Forced Labor Linked to World Bank Corporate Loan
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