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Article

12 Sep 2013

Author:
Amnesty International, Global Initiative for Economic, Social and Cultural Rights, Indian Law Resource Center, FIAN International, and ESCR Net

[DOC] The World Bank and other International Financial Institutions must uphold human rights in all activities they support

The decisions, policies and projects promoted by international financial institutions (IFIs) have significant and often far-reaching impacts on human rights. While the impacts of these institutions can be positive - for example, contributing to poverty reduction - too often the impact is negative, with poor and marginalised individuals and communities suffering the most negative impacts. This is because these institutions frequently invest in industries, such as energy and resource extraction and projects, such as large-scale infrastructure development, associated with environmental damage and human rights abuses, like forced evictions...The organizations submitting this joint statement urge the United Nations Human Rights Council to increase its focus on the human rights impact of IFIs, including multilateral development banks, such as the World Bank...[If you are interested in endorsing the statement, which will be presented to the UN Human Rights Council during its current session, please send your endorsements to Alessandra Masci at: [email protected] and Leonardo Crippa at: [email protected] by Sunday 15th of September.]