Brazilian NGOs’ Panel claim with the Panel about the Cédula da Terra land reform project has not been accepted. The World Bank loan for this project aims to support the purchase of land for agrarian reform. The project encourages landless peasants to form associations to buy plots from landowners and provides loans to cover the land purchase. There is concern that the peasants will not be able to honour their debts and that the selection and valuation of plots by the landlords themselves will lead to “all types of shady business” and increase the concentration of income and wealth.
In the news
New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).