World Bank's water privatisation slammed (Bretton Woods Project)

World Bank's water privatisation slammed

Indian NGO Manthan Adhyayan Kendra has updated its book Water: Private, Limited. Covering developments since 2002, the book states, "until a few years back the World Bank and other international donor agencies were promoting privatisation as 'the magic potion'. Now there is a more defensive language on privatisation. However, it would be wrong to see in this a rejection or reversal of the privatisation process." In the Bank's strategies for India, it finds pressure for private sector participation and commodification of the right to water. It calls for alternatives such as public sector reform and recognition of the fundamental right to water.

Rechazo a la privatización del agua financiada por el Banco News|Bretton Woods Project|1 March 2010|update 69|url
La ONG hindú Manthan Adhyayan Kendra actualizó su libro 'Agua: Privada y Limitada'. read article...
World Bank assesses water strategy, faces barrage of criticism News|Bretton Woods Project|30 September 2010|update 72|url
In September, the Bank released a progress report on the implementation of its 2003 water resources strategy, while criticism mounts over its hydropower lending, water resource management and support for private sector provision. read article...
IFC helping Western multinationals exploit Ghana's water crisis Comment|Alhassan Adam|13 September 2011|update 77|url
The water supply crisis in Ghana is being exploited by all manner of pro-market corporate bodies ranging from the World Bank to Coca-Cola. While the World Bank is licking its wounds from failed private water management initiatives, such as the Aqua Vitens Rand Limited management contract in Ghana, the International Finance Corporation (IFC), its private sector arm, is investing in small-scale private water ventures via WaterHeath International (WHI). read article...