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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New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).