Editor’s Note: Please RSVP for the press briefing on 15 February in Amsterdam.
Kathmandu, Nepal, July 14, 2015 – Last week an independent investigation revealed serious abuses in a World Bank-funded transmission line project in central Nepal. The Khimti-Dhalkebar transmission line runs through indigenous and rural communities, who have been raising concerns about the project for over five years. Though the findings validate community concerns, the World Bank has not committed to correcting the damage caused by its failures in this project.
With 57 nations already on board the Asian Infrastructure Investment Bank (AIIB) as prospective founders, a 250-member strong civil society network made an appeal to the newly-formed bank to adopt robust safeguards in its principles, policies and operations.