How the World Bank Can Stop Funding Disaster

Until recently the World Bank enjoyed absolute immunity in the United States from lawsuits. But a US Supreme Court decision on February 27 opens the door for individuals and communities around the world to approach US courts about harm caused by its investments. The case, Jam v. IFC, involved the World Bank Group’s private-sector banking arm, the International Finance Corporation, and it wound through US courts after farming and fishing communities in India sued the IFC for funding the Tata Mundra coal-fired power plant in the Kutch district of Gujarat. The plaintiffs said the power plant harmed…

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