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.
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Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).