“Despite the beginnings of major institutional reform in the World Bank, progress in implementing environmental reform in the Multilateral Development Banks has been inadequate. Examples from Brazil and India show that the massive social and environmental disruption which results from the mega-projects which these banks are continuing to fund, does not go away after bureaucratic reshuffles or ‘concerned’ speeches by top-level bank staff”.

See “The “Greening” of the Development Bank: Rhetoric and Realities“, Ecologist, Vol 19 No 2, Mar/Apr 1989.

 

Tags: , , ,