Oxfam and 22 civil society organizations applaud IFC’s decision to stop investing in fee-charging private schools, call on other investors to follow its lead
14 June 2022
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Oxfam, together with civil society organizations, welcomes the World Bank’s International Finance Corporation (IFC) announcement that it will not resume its investments in K-12 private schools, following the release of an independent evaluation by the World Bank Independent Evaluation Group (IEG) on the IFC’s investments in this area.
Oxfam's Nadia Daar commented on the Bank and the IMF's progress on climate change, inequality, education, and more.
As the Annual Meetings of the World Bank kick off in Washington this week, Oxfam welcomed the focus on inequality, but urges top officials at the institution to align their words with their actions if they are serious about combating inequality and poverty.