China-led AIIB failing on human rights, environment in India and Bangladesh: activists

//China-led AIIB failing on human rights, environment in India and Bangladesh: activists

China-led AIIB failing on human rights, environment in India and Bangladesh: activists

The Asian Infrastructure Investment Bank (AIIB), seen as China’s answer to the World Bank and Asian Development Bank, is failing to consult local communities and uphold human rights and environmental standards in the projects it is funding, according to a coalition of non-profit groups.The bank, which launched in 2016, backed projects in India and Bangladesh that displaced local communities and caused environmental damage, despite claiming to prioritise social and environment sustainability,…

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By | 2020-08-25T23:00:13+00:00 August 25th, 2020|Headlines|Comments Off on China-led AIIB failing on human rights, environment in India and Bangladesh: activists