A closed-door meeting between CEOs of leading pesticide/biotech companies and World Bank President James Wolfensohn in early December received strong opposition from Pesticide Action Network North America and 14 other NGOs. NGOs criticized the Bank’s decision to exclude public observers and to explore partnership opportunities with companies which have notoriously poor track records on environmental issues.
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This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).