Conectas today published a detailed study on the rules and standards of transparency, accountability to society and socio-environmental impact assessment mechanisms of the Brazilian Development Bank (BNDES), the country’s leading development financing institution.
The report reveals that the lack of transparency at the bank prevents affected communities and wider society from monitoring the effectiveness of the tools the institution claims it has to ensure that its loans do not end up financing private business ventures that violate human rights in Brazil or abroad.
Read the full report here.
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