IFC ignores rights in the Philippines?
article||17 February 2011|update 74|
The International Finance Corporation (IFC), the World Bank's private sector lending arm, has been accused of neglecting the rights of indigenous people in the Philippines. The IFC's support for mineral exploration activities by mining company Mindoro Resources Ltd has led 29 elders from the Mamanwa people to write a letter to the IFC's Compliance Advisor Ombudsman. The group, who are worried that the mining will lead to the destruction of their native forests, accuses Mindoro of entering "into our ancestral land without proper information and consent from us", and states that "destroying our forest will affect our daily needs."
This text may be freely used providing the source is credited.
Published: 17 February 2011 , last edited: 17 February 2011
Viewings since posted: 4417
Climate Investment Funds Monitor 7: April 2013 25 April 2013
Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience 24 April 2013
The UK's role in the World Bank and IMF: Department for International Development and HM Treasury 13 March 2013
The World Bank and industrial policy: Hands off or hands on? 6 December 2012
Climate Investment Funds Monitor 6: October 2012 26 October 2012