The Bank has recently begun to recognise evidence of links between peoples’ empowerment, growth and improved project performance. However, it recognises that “there remain many questions about what empowerment means, how it applies to the Bank’s work, and what actions should be undertaken”. It has published an Empowerment and Poverty Reduction Sourcebook to start to define its approach in more detail. This sourcebook will also inform the World Bank’s social development strategy which is now under production.
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Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, and the Bretton Woods Bulletin, an online update of news and action on the institutions.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).