WASHINGTON --- A bitter dispute has broken out in recent weeks following the release of proposed changes to World Bank policies aimed at safeguarding local communities and environments. A draft of the proposed reforms, released at the end of July, follows a half-year of consultations in some 40 countries. Yet civil society groups around the
World Bank Accused Of Transferring Safeguards Responsibility To Borrowers
“Other financial institutions that followed the bank in building up their standards … will now follow the bank in tearing them down,” a global development watchdog worries.
