Activists, academics and civil society met in Accra 12-14 May for a conference entitled “Corporate Globalisation & the Scramble for Africa’s Water: scrutinising the roles of Bretton Woods Institutions & donor community”. Organised by Ghanaian NGO ISODEC, the forum examined country experiences in Ghana, Nicaragua, Burkina Faso, Uganda, Bolivia, Senegal, South Africa, Brazil, the Philippines, Indonesia as well as the UK, Canada, and the US. Discussion focused on the ways in which the IFIs compel privatisation and provided a forum for discussing an alternative water vision.
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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).