The World Bank Group is currently undertaking two major consultations one on their new Environment Strategy and the other on their Energy Strategy. Both ENDS has been asked to contribute feedback on these two policies. In follow up to its dialogue with the WBG Both ENDS delivered it's written response.
Indigenous Hondurans are resisting the construction of the Agua Zarca hydrodam. Their fight has cost several lives, including that of Berta Cáceres. After considerable public pressure, Dutch development bank FMO withdrew from the project.
Small grants funds offer an effective, alternative way to channel big money from large donors and funds to local groups and organisations that are striving for a sustainable and just society everywhere around the world.
A highly critical report on the Bujagali Dam was recently released by the World Bank Inspection Panel - the independent investigation body of the World Bank. The controversial Bujagali Dam, a US$860 million hydropower dam under construction in Uganda, is co-financed by the World Bank and the African Development Bank. Unfortunately the report of the Inspection Panel has done little to change the commitment of the World Bank in funding the dam. Nor will it implement any fundamental changes in response to the indicated problems.
Currently, on the initiative of China, the Asian Infrastructure Investment Bank (AIIB) is being set up. As the ‘Chinese alternative to the World Bank’, AIIB will focus on financing large-scale infrastructure projects in Asia. The bank promises to be ‘lean, clean and green’, or in other words: non-bureaucratic, non-corrupt and environmentally friendly. Nevertheless, civil society organisations fear there will be disastrous consequences for local populations and the environment, considering China’s poor track record in these areas. In a letter to AIIB and in a press release, our partner 'NGO Forum on ADB' calls on the bank to develop strong safeguards.
Development banks such as the World Bank, the Asian Development Bank, the German DEG and the Dutch FMO have some crucial similarities: they operate with public money, and their ultimate goal is to fight poverty and promote development. But in practice, 'development' seems to be a broad concept, as there are many people that do not profit from the projects these banks invest in. On the contrary, large groups of people are often faced with negative consequences of the investments of development banks. Under pressure from civil society organisations, including Both ENDS, a number of development banks set up a complaint desk for those that are adversely affected.
Large-scale infrastructural projects have detrimental effects on local people and the environment, while their benefits are felt elsewhere. Both ENDS is working to ensure that local people have a greater say in decision-making and is investigating the way these projects are funded.