Reckless Development: The IFC’s Dodgy Deals in Southeast Asia

TitleReckless Development: The IFC’s Dodgy Deals in Southeast Asia
Annotated RecordNot Annotated
Year of Publication2017
AuthorsIDI
Secondary TitleOutsourcing Development: Lifting the Veil on the World Bank Group’s Lending Through Financial Intermediaries (Part 3)
IssueMarch
Pagination16p.
PublisherInclusive Development International (IDI)
Place PublishedAsheville
Key themesHydropower, Safeguards
Abstract

Part 3 of Outsourcing Development follows the IFC money trail into the blackhole of intermediated lending in Southeast Asia. The report reveals how IFC intermediaries have funded some of the region’s most destructive projects, contravening the Performance Standards, the institution’s social and environmental guidelines. These projects include mega-hydropower dams in Vietnam and Cambodia, dirty coal-fired power plants and mines in the Philippines, Vietnam and Myanmar, and massive agro-industrial land grabs in Cambodia and Laos.

URLhttps://www.inclusivedevelopment.net/wp-content/uploads/2017/03/Outsourcing-Development-Part-3-1.pdf
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Countries

Cambodia, Laos, Myanmar, Regional, Vietnam

Document Type

Report

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