The $10 billion Red Sea-Dead Sea water conveyance project, a proposed 180 km pipeline and desalination plant in Jordan to transport water from the Red Sea to the Dead Sea (see Update 80, 77), was found to be technically feasible by a Bank-funded study released in January. The project, which aims to “save the Dead Sea from environmental degradation” and increase hydro-power whilst building “a symbol of peace” was criticised during the March public consultation period for its impact on water usage and the environment. NGO Friends of the Earth Middle East opposed the project, saying it “will not save the Dead Sea from environmental degradation”, instead “it threatens other critical natural and heritage resources in its path” and will induce “major Disneyland-style development”.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
While the World Development Report (WDR) 2018 on education has some redeeming features, it is part of the Bank's longstanding very narrow view of education, and is silent on education financing.
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