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World Bank projects have displaced over 3 million people around the world April 17, 2015

Posted by OromianEconomist in Africa, African Poor, Aid to Africa, Corruption in Africa, Ethiopia's Colonizing Structure and the Development Problems of People of Oromia, Land Grabs in Africa.
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‘According to ICIJ, which studied 7,200 World Bank financed projects between 2004 and 2013, at least 3.4 million people have lost their land or their jobs because of them and there’s little follow up on how these residents fare after they have been relocated. In some cases, World Bank funding may have funded forced relocations that turned violent: two former Ethiopian officials told ICIJ that funds diverted from a $2 billion health and education initiative have gone toward mass evictions in western Ethiopia where soldiers raped and beat locals.
Of the studied World Bank projects, which range from dams to schools and oil pipelines, more than 400 caused the displacement of locals. This happened mostly in Asia and Africa: 2.72 million have been displaced in China, India and Vietnam, and almost 100,000 in Ethiopia.’

The investigation’s key findings include:

  • Over the last decade, projects funded by the World Bank have physically or economically displaced an estimated 3.4 million people, forcing them from their homes, taking their land or damaging their livelihoods.
  • The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances.
  • The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture. In some cases the lenders have continued to bankroll these borrowers after evidence of abuses emerged.
  • Ethiopian authorities diverted millions of dollars from a World Bank-supported project to fund a violent campaign of mass evictions, according to former officials who carried out the forced resettlement program.
  • From 2009 to 2013, World Bank Group lenders pumped $50 billion into projects graded the highest risk for “irreversible or unprecedented” social or environmental impacts — more than twice as much as the previous five-year span.

A team of more than 50 journalists from 21 countries spent 11 months documenting the bank’s failure to protect people moved aside in the name of progress.

http://www.icij.org/blog/2015/04/new-investigation-reveals-34m-displaced-world-bank

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