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.
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
The Bretton Woods Project has published a new briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
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