The World Bank’s board of directors recently approved an investment guarantee for the $590 million West Africa gas pipeline in November, despite strong civil society resistance. The pipeline will transport natural gas from the Western Niger Delta area of Nigeria, to Togo, Benin and Ghana. After funding the initial feasibility studies for the pipeline in 1992, the Bank has now provided a $125 million investment guarantee to encourage private investors to come up with the remaining $465 million. Friends of the Earth Nigeria charge that the pipeline “is being implemented in total disregard of environmental and livelihood concerns of Nigerian communities.”
New IMF staff discussion note links gender and economic equality, but will this research influence IMF policy?
New report reveals IMF policy in the MENA region has remained unchanged after the 2011 Arab uprising, despite its rhetoric for change towards inclusive growth.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).