At least 3.4 million people have been physically or economically displaced by World Bank-backed projects between 2004 and 2013, estimates an investigative report. The true figure is likely higher, because the bank often fails to count or undercounts the number of people affected by its projects.
Nearly all of the 3.4 million displaced people live in Africa or one of three Asian countries: Vietnam, China and India, said the report by the International Consortium of Investigative Journalists (ICIJ), The Huffington Post and more than 20 news organizations. The ICIJ analyzed World Bank records.
For more than three decades, the World Bank has maintained a set of “safeguard” policies that it claims have brought about a more humane and democratic system of economic development. It is claimed that governments that borrow money from the bank can't force people from their homes without warning. Families evicted to make way for dams, power plants or other big projects must be resettled and their livelihoods restored.
Kilimo Chebet, a father of five, standing next to the burned remains of
his homestead in Kenya, destroyed only hours prior by Kenya Forest
Service officers for a World Bank-funded project. Tony Karumba/ GroundTruth