#worldbank — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #worldbank, aggregated by home.social.
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Austrian-Kazakh Platform Prepares Austria’s Economy for the New Silk Road with “Middle Corridor” – Vindobona.org
Amid geopolitical shifts an…
#Austria #AT #Europe #Europa #EU #AkanAitimov #AKCPAustrian-KazakhConnectivityPlatform #AlexanderMaisuradze #AndriiGrinenko #austria #BusinessDiplomacy #CentralAsia #economicdevelopment #EduardsStiprais #EIASEuropeanInstituteforAsianStudies #EuropeanForumAlpbach #KarlJurka #kazakhstan #Nachrichten #Österreich #worldbank
https://www.europesays.com/3231720/ -
Austrian-Kazakh Platform Prepares Austria’s Economy for the New Silk Road with “Middle Corridor” – Vindobona.org https://www.byteseu.com/2334400/ #AkanAitimov #AKCPAustrianKazakhConnectivityPlatform #AlexanderMaisuradze #AndriiGrinenko #Austria #BusinessDiplomacy #CentralAsia #EconomicDevelopment #EduardsStiprais #EIASEuropeanInstituteForAsianStudies #EuropeanForumAlpbach #KarlJurka #Kazakhstan #WorldBank
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Hague Court says India must uphold Indus water treaty with Pakistan, MEA rejects ruling
The Permanent Court of Arbitration in The Hague has ruled that the Indus Waters Treaty between India and…
#Netherlands #Nederland #NL #Europe #Europa #EU #TheHague #India #IndusWatersTreaty #Kashmir #Pakistan #PCA #Ratlehydropower #WaterDispute #WORLDBANK
https://www.europesays.com/netherlands/42941/ -
@liaizon Well it's written in the source, because the #WorldBank needs an operating definition to pursue its stated goal of supporting (or at least not hurting) said peoples with its financing activities. (They did a lot of damage in the past.)
«Environmental and Social Standard 7 (ESS7), currently applied in approximately 33 percent of World Bank investment lending across 57 countries, enhances development outcomes and to avoid or mitigate adverse impacts.»
https://www.worldbank.org/ext/en/topic/social-development/indigenous-peoples#tab-strategy
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@liaizon Well it's written in the source, because the #WorldBank needs an operating definition to pursue its stated goal of supporting (or at least not hurting) said peoples with its financing activities. (They did a lot of damage in the past.)
«Environmental and Social Standard 7 (ESS7), currently applied in approximately 33 percent of World Bank investment lending across 57 countries, enhances development outcomes and to avoid or mitigate adverse impacts.»
https://www.worldbank.org/ext/en/topic/social-development/indigenous-peoples#tab-strategy
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@liaizon Well it's written in the source, because the #WorldBank needs an operating definition to pursue its stated goal of supporting (or at least not hurting) said peoples with its financing activities. (They did a lot of damage in the past.)
«Environmental and Social Standard 7 (ESS7), currently applied in approximately 33 percent of World Bank investment lending across 57 countries, enhances development outcomes and to avoid or mitigate adverse impacts.»
https://www.worldbank.org/ext/en/topic/social-development/indigenous-peoples#tab-strategy
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@liaizon Well it's written in the source, because the #WorldBank needs an operating definition to pursue its stated goal of supporting (or at least not hurting) said peoples with its financing activities. (They did a lot of damage in the past.)
«Environmental and Social Standard 7 (ESS7), currently applied in approximately 33 percent of World Bank investment lending across 57 countries, enhances development outcomes and to avoid or mitigate adverse impacts.»
https://www.worldbank.org/ext/en/topic/social-development/indigenous-peoples#tab-strategy
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@liaizon Well it's written in the source, because the #WorldBank needs an operating definition to pursue its stated goal of supporting (or at least not hurting) said peoples with its financing activities. (They did a lot of damage in the past.)
«Environmental and Social Standard 7 (ESS7), currently applied in approximately 33 percent of World Bank investment lending across 57 countries, enhances development outcomes and to avoid or mitigate adverse impacts.»
https://www.worldbank.org/ext/en/topic/social-development/indigenous-peoples#tab-strategy
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https://www.europesays.com/iran/276627/ Iraq, AIIB discuss financing development projects #AIIB #AsianInfrastructureInvestmentBank #DevelopmentProjects #DigitalInfrastructure #Europe #Iraq #Ports #RailNetworks #TheDevelopmentRoadProject #WorldBank
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https://www.europesays.com/africa/408074/ Somalia’s Disaster Management Agency Delivers Relief to Drought-Affected Communities in Bosaso #Puntland #Somalia #WorldBank
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G20 Growth To Drop Below 3% By 2031- Same As After Financial Crisis
However, the issue is not about the amount of regulation but rather about the efficient regulation design. Even though deregulation is helpful, it seems to be less and less common.
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G20 Growth To Drop Below 3% By 2031- Same As After Financial Crisis
However, the issue is not about the amount of regulation but rather about the efficient regulation design. Even though deregulation is helpful, it seems to be less and less common.
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G20 Growth To Drop Below 3% By 2031- Same As After Financial Crisis
However, the issue is not about the amount of regulation but rather about the efficient regulation design. Even though deregulation is helpful, it seems to be less and less common.
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China's manufacturing‑led path and India's services‑led path both reveal structural traps that developing economies must anticipate through coordinated policies across skills, infrastructure and institutions. https://www.japantimes.co.jp/commentary/2026/08/04/world/asias-two-major-growth-models/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #india #oecd #trade #chineseeconomy #indianeconomy #globaleconomy #worldbank #gdp
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Opinion | A healthy economy isn’t built on asset bubbles and debt pyramids
In the animated Soviet film The Golden Antelope, inspired by Indian folklore, a magical antelope tries to save…
#Economy #AlanTaylor #Americas #Asia #China #Europe #India #InternationalMonetaryFund #kennethrogoff #MoritzSchularick #Oceania #SpaceX #tesla #UBSGlobalWealthReport #UnitedStates #worldbank
https://www.europesays.com/3116476/ -
RAPPLER | Philippine & World News | Investigative Journalism | Data | Civic Engagement | Public Interest [Unofficial] @[email protected] ·[ANALYSIS] Beyond the World Bank’s reclassification of PH as upper-middle income
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Canada must rethink how it contributes to international climate finance
#Canada #ClimateFinance #ClimatePolicy #GlobalSouth #ParisAgreement #WorldBank #IMF #Debt #GreenTransition #RenewableEnergy #Sustainability #GlobalWarming #CarbonPolicy #ClimateChange
https://the-14.com/canada-must-rethink-how-it-contributes-to-international-climate-finance/ -
Don’t mention the climate: Trump creates ‘beyond absurd’ situation at global finance talks https://www.theguardian.com/environment/2026/apr/13/dont-mention-the-climate-trump-creates-beyond-absurd-situation-at-global-finance-talks #GlobalClimateTalks #ClimateFinance #WorldBank #InternationalMonetaryFundImf #TrumpAdministration #ClimateCrisis #UkNews #Cop29 #WorldNews
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The World Bank has disbursed USD 340 million for Amaravati Capital Phase-I development, with further funding expected from ADB https://english.mathrubhumi.com/news/india/world-bank-funding-amaravati-capital-phase-1-andhra-pradesh-u3eli6xe?utm_source=dlvr.it&utm_medium=mastodon #WorldBank #Amaravati #AndhraPradesh #ADB #UrbanDevelopment
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The World Bank has disbursed USD 340 million for Amaravati Capital Phase-I development, with further funding expected from ADB https://english.mathrubhumi.com/news/india/world-bank-funding-amaravati-capital-phase-1-andhra-pradesh-u3eli6xe?utm_source=dlvr.it&utm_medium=mastodon #WorldBank #Amaravati #AndhraPradesh #ADB #UrbanDevelopment
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The World Bank has disbursed USD 340 million for Amaravati Capital Phase-I development, with further funding expected from ADB https://english.mathrubhumi.com/news/india/world-bank-funding-amaravati-capital-phase-1-andhra-pradesh-u3eli6xe?utm_source=dlvr.it&utm_medium=mastodon #WorldBank #Amaravati #AndhraPradesh #ADB #UrbanDevelopment
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#SEZs in #India: Balancing Economic Growth and #Environmental Concerns
July 27, 2024
"Picture this: vast stretches of industrial land buzzing with activity, modern factories producing goods for global markets, and thousands of job opportunities emerging overnight. This is the promise of Special Economic Zones (SEZs) in India. But behind this gleaming facade lies a complex web of environmental challenges and social concerns that demand our attention. SEZs represent one of India’s most ambitious economic policies, designed to accelerate industrial growth and boost exports, yet they often come at a significant cost to the environment and local communities.
[...]
"[T]he rapid expansion of SEZs has raised significant environmental red flags. The most pressing concern is land acquisition, which often involves converting fertile agricultural land into industrial zones. This conversion not only reduces the country’s agricultural capacity but also disrupts local ecosystems and biodiversity.
"The establishment of SEZs typically requires large tracts of land – sometimes spanning thousands of acres. Much of this land is acquired from agricultural areas, leading to the displacement of farming communities who have depended on these lands for generations. For instance, the proposed #RaigadSEZ in #Maharashtra would have required over 14,000 hectares of #agricultural land, leading to massive #protests from local farmers.
"The conversion of agricultural land to #IndustrialUse has long-term implications for #FoodSecurity. As India’s population continues to grow, the loss of productive #farmland could exacerbate food shortage issues in the future. Moreover, agricultural land often has better soil quality and water retention capacity compared to industrial land, making this conversion environmentally costly.
"Industrial activities within SEZs generate various forms of #pollution. Air pollution from #manufacturing processes, water #contamination from industrial effluents, and #SoilDegradation from chemical usage are common problems. The concentration of industries in SEZs can create pollution hotspots that affect air and water quality in surrounding areas.
"#WaterScarcity is another critical issue. SEZs require substantial water resources for industrial processes, often competing with local communities for this precious resource. In water-stressed regions, this competition can lead to conflicts and further environmental degradation.
Human rights and social displacement"The human cost of SEZ development cannot be overlooked. Land acquisition for SEZs often involves displacing local communities, particularly small farmers and agricultural workers. These communities frequently receive inadequate compensation and struggle to find alternative livelihoods.
"The displacement process can be traumatic for local communities who have strong cultural and emotional ties to their land. Traditional occupations like #farming, #fishing, and #SmallScaleTrading are disrupted, forcing people to adapt to entirely new economic realities. The promised employment opportunities in SEZs often don’t materialize for displaced communities, as they may lack the required skills for industrial jobs.
"Women in these communities face particular challenges, as they often have limited access to alternative employment opportunities and may lose traditional income sources like kitchen gardening or small-scale agricultural activities. The social fabric of rural communities can be severely disrupted, leading to increased poverty and social inequality."
#HumanRights #HumanRightsFreeZone #CorporateColonialism
#IMFLoanSharks #Exploitation #WorldBank #RaceToTheBottom
#HumanRightsViolations
#Pollution #EnvironmentalDegradation
#EconomicSacrificZones
#ForcedRelocation #ForcedDisplacement #TraditionalLifestyles #EnvironmentalRacism #Exploitation
#CorporateColonialism -
The #environmental burdens of #SpecialEconomicZones on the coastal and marine #environment: A remote sensing assessment in #Myanmar
Thiri Shwesin Aung, Indra Overland, Roman Vakulchuk, Yanhua Xie
November 2022"Special economic zones (#SEZs) are unusual parts of the world economy in terms of law, institutions, and economic functions (Chaisse and Dimitropoulos 2021). SEZs are geographically delimited areas created to facilitate industrial activities through fiscal and regulatory incentives and infrastructure support (UNCTAD 2019). Such zones carve out jurisdiction as a subset of the overall state jurisdiction for the purposes of enacting different laws and regulations that are more trade and investment friendly (Zeng 2021). Since the year 2000, SEZs have mushroomed in developing countries to attract foreign direct investment (FDI), accelerate industrialization and create jobs (Aiyer 2017). There are 5400 SEZs in 147 economies around the world. Asia is home to three quarters of them (UNIDO 2015). They have been a core element of the economic development strategy of the Association of Southeast Asian Nations (ASEAN) and currently all ASEAN member states have SEZs (Aggarwal 2022).
"As part of an export-oriented development strategy, the zones commonly include industrial mega-areas that accommodate large-scale infrastructure, deep-sea ports, logistical infrastructure for oil and gas, hotels and tourism, and industrial complexes (Aggarwal 2022). They are primarily defined by a specific regulatory regime and a dedicated governance mechanism designed to relieve customs and tariffs and reduce the burden on businesses from permits, licenses, employment laws, and land access. In return, host governments expect investors to create positive spillover effects, such as facilitating innovation, boosting employment, raising exports, and diversifying the economy. The global experience of SEZs have been mixed, with some countries achieving successful economic outcomes, while others struggle to overcome market failures, institutional constraints, and social and environmental costs (Aggarwal 2022; Zeng 2021).
"The lax regulatory regimes of SEZs often raise concerns about environmental, social, and #HumanRights standards, as well as possible conflicts over #LandRights (Brussevich 2020). Several SEZs have failed to yield the expected economic benefits while having severe adverse impacts on the environment and local communities (Adunbi 2019; Aritenang and Chandramidi 2020; Chaisse and Ji 2020). On the other hand, while SEZs can be hotspots for environmental #mismanagement, they can also provide opportunities for implementing environmental policies specifically designed to regulate industries within the zones. Also, certain environmental advantages may ensue from the introduction of foreign financial resources and environmental technologies that are otherwise not readily available (Richardson 2004).
"However, according to the 'race to the bottom' literature, most SEZs have a net negative impact on the environment and local communities (Richardson 2004; UNIDO 2015; ZENG and DOUGLAS, 2012).
"Despite this contradiction, existing studies focusing on the direct and indirect impacts of SEZs have been rare (#WorldBank, 2017). Particularly, the magnitude and intensity of SEZ impacts on the environment remain understudied.
SEZs tend to be located in remote regions. As such, SEZ-related information and data are generally scarce, making it difficult to assess the environmental consequences of such zones. Many SEZs are also located in countries where there is limited scope for independent environmental assessment due to #authoritarian rule, #corruption, and/or #secrecy surrounding deals with foreign investors. Recent improvements in access to satellite data and computing platforms for machine learning have greatly improved the ability to comprehensively assess SEZs in any location in the world in near real time (Ali et al., 2020; Jensen et al., 2019). This article demonstrates how these technologies can be applied to provide evidence related to the environmental impacts of SEZs. The method is tried out on the Kyaukpyu SEZ in Myanmar. Myanmar is an authoritarian country and the #KyaukpyuSEZ is a flagship project of China's Belt and Road Initiative (#BRI) located in an inaccessible part of #Myanmar. This is precisely the type of case where independent access can be limited and a remote sensing approach can be useful."From 2010 onwards, Myanmar was navigating its economic transformation and a partial loosening of military rule. SEZ development was prioritized as a critical element of the country's industrialization (Oxfam 2017). The three most notable ongoing SEZ projects are the Kyaukpyu SEZ in the rural but strategically important Rakhine State, which is also the largest SEZ in Myanmar, the Thilawa SEZ on the outskirts of Myanmar's former capital Yangon, and the Dawei SEZ in the Tanintharyi Region. Tanintharyi is a long narrow southern territory of Myanmar bordering the Andaman Sea to the west and Thailand to the east.
"Although they are expected to encourage economic growth and reduce poverty, all three SEZ projects continue to face local opposition, particularly the Kyaukpyu and Dawei SEZs. The International Commission of Jurists (2017) has reported that SEZs in Myanmar are linked to human rights violations and environmental abuses (Donateo 2017). Although Myanmar's SEZ law adopted in 2014 reaffirms the applicability of environmental regulations to SEZ development, it does not clearly delineate responsibilities between developers and the state (DICA 2014). The law also does not conform with international human rights standards (MCRB 2018)."
Read more:
https://www.sciencedirect.com/science/article/pii/S2352938522001173#RaceToTheBottom #HumanRightsViolations #Pollution #EnvironmentalDegradation #EconomicSacrificZones #ForcedRelocation #ForcedDisplacement #HumanRightsViolations #EnvironmentalDegradation #IndigenousPeoples #ForestPeoples #SaveTheForests #Exploitation #CorporateColonialism
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Wednesday, October 8, 2025
Partisans derail train carrying military cargo in Russia -- Liberating our land, step by step; Ukraine reports successful counterattack in Dnipropterovsk Oblast, shows footage -- Indian national surrenders to Ukraine after fighting for Russia for 3 days -- Ukraine allocates $36 million to bolster energy grid of frontline regions amid Russian strikes ... and morehttps://activitypub.writeworks.uk/2025/10/wednesday-october-8-2025/
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If #US attempts #WorldBank retreat, the #China -led #AIIB could be poised to step in – and provide a model of global cooperation https://theconversation.com/if-us-attempts-world-bank-retreat-the-china-led-aiib-could-be-poised-to-step-in-and-provide-a-model-of-global-cooperation-244595
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From the Bretton Woods Project: Human rights
"A second stream of longstanding critiques has focused on the content of the policies, programmes and projects that the #BWIs [#IMF and #WorldBank] promote and enforce and how they have undermined a broad spectrum of human rights, with the [#WorldBank] even being labelled a 'human rights-free zone' in 2015 by the UN Special Rapporteur on extreme poverty and human rights."
“The World Bank is a Human Rights-Free Zone” – UN expert on extreme poverty expresses deep concern
The World Bank and human rights
29 September 2015
GENEVA – "The United Nations Special Rapporteur on extreme poverty and human rights, Philip Alston, has called on the World Bank and its member States to adopt a new and consistent approach to human rights.
"'For most purposes, the World Bank is currently a human rights-free zone. In its operational policies, in particular, it treats human rights more like an infectious disease than universal values and obligations,' Alston says in a new report published online on the approach to human rights by the World Bank, the most important international actor on poverty alleviation."
#HumanRights #HumanRightsFreeZone #CorporateColonialism
#IMFLoanSharks
#Exploitation #WorldBank -
Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped - Ethiopia’s birr plunged 30% against the dollar after the central bank floated the ... - https://news.bitcoin.com/ethiopias-birr-falls-30-after-currency-float-forex-surrender-requirements-scrapped/ #foreignexchange #ethiopiabirr #imfbailout #greenback #worldbank #usdollar #africa #brics #imf
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"The Asian Infrastructure Investment Bank, Beijing’s answer to the #WorldBank, is set to unveil a “#climate action plan” this week that will become its top priority and spur a sharp increase in financing."
This could be a good thing. It could also put developing countries into deeper debt, the way the World Bank and the #IMF have done.
#ClimateFinance #AIIB #China
https://www.ft.com/content/127e92aa-b247-4e6d-9dff-3e8dd642ae62 -
Chikako Matsumoto achieved her dream of joining the World Bank, but later returned to Japan and its finance sector. https://www.japantimes.co.jp/news/2023/06/13/business/women-work-matsumoto/?utm_content=bufferda523&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #worldbank #womenatwork #sumitomomitsuitrustbank
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Investors and utilities are seeding carbon markets with new startups - While most of the world agrees that carbon dioxide emissions from human activity are creating a clim... more: http://feedproxy.google.com/~r/Techcrunch/~3/IaY1YX8AopM/ #greenhousegasemissions #satelliteimaging #machinelearning #climatechange #globalwarming #greenhousegas #projectwren #ycombinator #greentech #worldbank #alabama #paris #wren #tc