Lydian International Ltd T.LYD

Tracing the Overrated Standards of International Banks

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The number of similar projects is big. However, by mentioning a few ones we aim at showing the main purpose of these financial institutions – financial benefits for themselves. Profits are particularly easy to pursue in developing countries which have little or no established justice systems, lack of democracy and absence of supervision. These projects also show the little effect which the standards created by international financial institutions, such as EBRD, IFC and WB, have in alleviating and/or preventing harm to people and the environment.


https://www.armecofront.net/en/news/tracing-the-overrated-standards-of-international-banks/