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Washington Post: U.S. pushes for outside oversight of World Bank, opposes push toward ‘big hydro’

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Washington Post: U.S. pushes for outside oversight of World Bank, opposes push toward ‘big hydro’

World Bank building.

New developments in U.S. policy and  the World Bank continue to receive press. Per the 2014 appropriations bill, U.S. board members of the World Bank are required to vote against any major hydroelectric project. The provision also directs the World Bank to undergo independent evaluations of all lending. The Chixoy dam project (see previous posts), lending to the Dinant corporation in Honduras (long linked to extensive human rights violations), as well as disputes related to past projects in Ethiopia and Cambodia, have been cited as factors in the policy change.

Please click the orange link at the beginning of this post to read the Washington Post article.

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