Watchdog groups here are warning that a deal has been struck that would see Chinese investors fund a massive, contentious dam on the Congo River, the first phase of a project that could eventually be the largest hydroelectric project in the world.
Development activists and rights watchdogs are applauding a surprise strengthening of environmental and human rights policies governing U.S. development funding and overseas financial assistance.
World Bank President Jim Kim has formally put forward a major new proposal to refocus both the bank’s priorities and how it pursues those aims.