A new film points at contradictions in one of the World Bank’s Prototype Carbon Fund projects in Durban, South Africa. The project is to reduce emissions by turning gas produced by landfills in Durban into electricity. Local residents near the Bisasar Road landfill complain the project is an incentive to keep the site open, despite a history of toxic waste dumping and health hazard. Contrary to claims that “the sensitivity of the local population [?] will have been responded to in a very positive and visible way”, the public consultation was only conducted via website over a 30-day period.
In the news
Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
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).