Oct 26, 2011
It's couched in 60 pages of near-incomprehensible economic-speak, but a radical World Bank plan to set up a new way to lend money to developing countries is being called a potential disaster for indigenous peoples, the environment and human rights, reports the London Guardian. The proposal, called A New Instrument to Advance Development Effectiveness: Programme-for-Results Lending (P4R), would lend money according to results achieved by projects.
































