Mining and the Unmet Promise of Development
Published: September 18, 2006
By: Radhika Sarin, Nikki Reisch, Jennifer Kalafut, Keith Slack
The International Finance Corporation (IFC) continues to dress up money-making gold mining investments as development, yet it fails to demonstrate how these projects actually reduce poverty. On its "golden" 50-year anniversary, we challenge the IFC to "prove it" by reporting its development impacts on a project-by-project basis.