Development banks under pressure to compensate harmed communities ...Qatar

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Development banks under pressure to compensate harmed communities
Mamadou Lamarana was hoping the World Bank’s financial involvement in a western Guinean bauxite mine expansion would lead to compensation for the loss of land and pollution he says his community suffered in the run up to their resettlement in 2020. The 38-year-old electrician and representatives from 12 other villages complained three years ago to World Bank affiliate International Finance Corporation (IFC) that the project developer, state-backed Compagnies des Bauxites de Guinee (CBG), had not made up for damage it had caused since 1973. The villagers say they want their mined land rehabilitated and their communities compensated. They hoped the IFC, which contributed $200mn to finance the

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