US-based agricultural giant Cargill has filed a $130 million claim against Poland at the International Centre for Settlement of Investment Disputes (ICSID), the World Bank arbitration tribunal. The multinational alleges a breach of a 1994 US-Poland investment treaty. Cargill says it has received treatment less favourable than its competitors in the Polish sugar industry, after changes were made to quotas as a requirement of EU accession.
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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.
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