Communities in Cameroon affected by the World Bank financed Chad-Cameroon oil pipeline have filed a new claim with the Bank’s Inspection Panel. The claimants charge that several Bank policies have been violated during the construction of the pipeline, which traverses their villages, lands and traditional hunting areas. The affected people complain of polluted water sources, loss of crops and forest land, failures of compensation for negative impacts to the communities, violation of labour rights, and health problems related to the influx of workers and job seekers.
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
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