International Finance Corporation

International Finance Corporation

A woman washes clothes at a drinking water source that is next to a toxic ash-pond from the Sasan project in Singrauli. Photo: Joe Athialy/Oxfam

Owning the outcomes

Over the past six years, the International Finance Corporation has channelled over $50bn to the financial sector. However, the evidence continues to grow that this private sector arm of the World Bank Group has little control over how a great deal of this money is spent.

An indigenous woman in Monte Olivo, Guatemala, whose community has suffered repression linked to an IFC-backed project. Photo: Santiago Botón, TeleSUR Guatemala

The suffering of others

Increasingly, development money is being channelled through third parties such as banks or private equity funds. This report tells the human story behind the high finance and statistics.

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