A review of the treatment of black employees at the World Bank in recruitment, retention and justice decisions has been released by US NGO Government Accountability Project. Although the Bank has adopted measures to raise awareness, the report found that meaningful measures to improve retention of black staff members are still lacking. The report details the scale of discrimination: of 1000 professional grade American World Bank staff worldwide, there are only four black Americans. Co-author of the report, Shelley Walden called the World Bank’s anti-discrimination policies “largely cosmetic” and lacking in “effective, impartial enforcement mechanisms.”
9 June 2009
World Bank & IMF in the news
Despite the World Bank’s commitment to move away from funding coal, a series of loopholes in its financial intermediary lending remain that will continue to allow finance to support coal power projects.