Opinion: What development finance institutions don’t want you to know
Harm from hundreds of development projects has been independently verified, including displacing communities, putting women and girls at increased risk of violence, and undermining Indigenous sovereignty, to name only a few examples.
In spite of this evidence, DFIs largely refuse to provide remedy for harm caused by their own projects. A recent report from the United Nations confirms that the state of remedy in development finance is lacking and that DFIs are not being held to account. It also sets out a road map for what DFIs need to do.
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