//
you're reading...
Institution-specific

People’s development? BNDES financing and human rights

A study published by Conectas reports on the rules and standards of transparency, accountability to society and socio-environmental impact assessment mechanisms of the Brazilian Development Bank (BNDES), the country’s leading development financing institution.

The report reveals that the lack of transparency at the bank prevents affected communities and wider society from monitoring the effectiveness of the tools the institution claims it has to ensure that its loans do not end up financing private business ventures that violate human rights in Brazil or abroad.

Moreover, it identifies weaknesses in the methods for preventing and mitigating socio-environmental impacts, in addition to a lack of direct dialogue with communities and a mechanism for receiving complaints and reports of human rights violations by the financed projects.

The analyses and recommendations in the publication are based on research that involved direct questions posed to the bank and an analysis of official documents, financial statements, technical reports, court rulings, Freedom of Information requests, Brazilian legislation and international norms, as well as interviews with actors directly and indirectly associated with the actions of the bank.

Download full study. (Downnload version in Portuguese)

Discussion

Comments are closed.

October 2017
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

authors

part: [ 1 ] [ 2 ] [ 3 ] [ 4 ] [ 5 ] [ 6 ] [ 7 ] [ 8 ] [ 9 ] [ 10 ] [ 11 ] [ 12 ] [ 13 ] [ 14 ] [ 15 ] [ 16 ] [ 17 ] [ 18 ] [ 19 ] [ 20 ] [ 21 ] [ 22 ] [ 23 ] [ 24 ] [ 25 ] [ 26 ] [ 27 ] [ 28 ] [ 29 ] [ 30 ] [ 31 ] [ 32 ] [ 33 ] [ 34 ] [ 35 ] [ 36 ] [ 37 ] [ 38 ] [ 39 ] [ 40 ] [ 41 ] [ 42 ] [ 43 ] [ 44 ] [ 45 ] [ 46 ]