An internal investigation released last night finds that World Bank Group staff kept quiet about a plantation company’s role in a violent land conflict in Honduras, when proposing loans to one of Central America’s top ten banks which funded it.
Oxfam welcomes today's World Bank report 'Clima
Oxfam’s Nicolas Mombrial said:
Oxfam's Nicolas Mombrial said: “The IMF and World Bank have admitted the dangers of skyrocketing inequality, but they’re not showing any concrete signs of dealing with the problem.
World Bank Group President Jim Yong Kim today announ
An internal investigation has revealed that the World Bank has invested in a palm oil and food company implicated in serious rights abuses in Honduras.
Oxfam applauds the World Bank’s continuing leadership on Universal Health Coverage and their ongoing collaboration with the World Health Organization, which increasingly highlights inequity as the crux of the problem. However, we caution against ongoing promotion of an ever-increasing role for for-profit companies in delivering health care in poor countries.
Oxfam applauds the World Bank's new strategy to halve extreme poverty by 2020 and end it by 2030, but swift action is now needed to bring the strategy to life.