A group of NGOs has sent a letter in May to the World Bank’s country director for Poland asking for a halt to Bank support for a highway modernisation project. After long negotiations with government agencies, the NGOs had won assurances that the EU financing decision for the project would await completion of a strategic environment assessment. NGOs want Bank financing to await the outcome of the same assessment. The highway widening is part of a larger project which NGOs say will seriously impact wildlife and create pollution problems for several national parks. The Bank has not responded to the call for a meeting.
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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.
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).