Article
World Bank 'weakening' social safeguards
The World Bank's private sector lending arm has come under fire in an internal bank report which accuses it of attempting to dilute the environmental and social assessments attached to its lending...A change in IFC rules would also apply to the group of commercial banks, including Citigroup, ABN Amro and Barclays, which last year agreed to follow the IFC's environmental and social rules in international project lending under the Equator Principles.