The World Bank Campaign Europe has called on European governments to consider redirecting funding away from the Bank unless it ends economic policy conditions and support for fossil fuels. In October, it held a public hearing where testimonies were given on topics including the West Africa gas pipeline, cotton sector liberalisation in Mali, and the Bank’s role in food insecurity in Malawi. A similar hearing took place in India in September (see Update 57) and another is planned for Bangladesh (see comment, Update 58). A US campaign has backed the European demands and added a third request – improved accountability for development results.
This briefing emphasises the interdependence between the SDGs and the Paris Climate Agreement, in terms of ensuring that all new infrastructure is climate resilient and aligned with the low- or zero-carbon pathways required to avert catastrophic climate change – which would render achieving the SDGs impossible.
World Bank Enabling the Business of Agriculture rankings prescribe land privatisation at the expense of family farmers, pastoralists, and Indigenous Peoples.
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