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March to Demand World Bank Reform

Hundreds rallied to demand the World Bank Group and International Monetary Fund reform their structure for climate, human rights and justice.

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Big Changes Coming to the World BankBut its Not Enough

LONDON, Oct 19 (IPS) - It’s official: The World Bank officially has a mission to combat climate change. At least on paper.This week, the World Bank governing body approved a new vision statement that clarifies that the Bank can tackle climate change as part of its mission to alleviate global poverty on “a livable planet.” Also this week, the new World Bank President Ajay Banga suggested that he’ll be consider redirecting subsidies away from fossil fuels and towards climate action.

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Andrew Nazdin | IPS Inter Press Service | News Agency | Journalism & Communication for Global Change

Andrew Nazdin | IPS Inter Press Service | News Agency | Journalism & Communication for Global Change
ipsnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipsnews.net Daily Mail and Mail on Sunday newspapers.

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Faced with Crushing Debts, World s Poorest Nations to Slash Public Spending by Over 229 Billion Dollars

The World Bank and the International Monetary Fund (IMF) are returning to Africa, for the first time in decades, with the “same old failed message”.“Cut your spending, sack public service wo

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Africa: Faced With Crushing Debts, World s Poorest Nations to Slash Public Spending By Over 229 Billion Dollars

Africa: Faced With Crushing Debts, World s Poorest Nations to Slash Public Spending By Over 229 Billion Dollars
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