Indian civil society coalition the People’s Front against International Financial Institutions held a People’s Forum and demonstrations against the annual meetings of the Asian Development Bank (ADB) in Delhi in early May. A call to action produced in late April said “our protest and resistance is not limited to the ADB but extends to all international financial institutions whose primary missions are to appropriate and commodify the natural, human and social wealth of the planet, and force nations into indebtedness and political subordination.” During the protests, demonstrators carried banners reading “IFIs shut down” and shouted slogans including “India is not for sale”.
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
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