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Dams are a risky business – for affected people, the environment, and investors. Technical problems, opposition by affected people and corruption can derail multi-billion dollar projects. Due to the big risks, finance is the weakest link in many dam projects. Funders often decide which projects go forward, and which standards they have to meet.
Traditionally, the World Bank has been the most important financier of large dams. In recent years, Chinese financial institutions have taken over this role, and have triggered a new boom in global dam building. Other funders – regional development banks, export credit
agencies and private banks – also play a role.
International Rivers holds public and private funders accountable
for the dam projects which they finance. We work to dry up the funding
for projects which violate social and environmental standards. We make
sure that funders and governments have keep the promises which they
have made on critical projects. And we promote stricter standards which
can redirect resources from destructive dams into benign alternatives. LATEST ADDITIONS: The World Bank’s Big Dam Legacy World Bank’s New President Should Address its Dam Past, Change its Future Path China’s Role in Financing African Infrastructure Karahnjukar – A Project on Thin Ice CONTACT US: Peter Bosshard |