Projects like building dams, are subjected to controversy in almost every country in the world. Both, scientists and environmentalists have thoroughly documented their serious environmental effects. Yet, many countries worldwide rely upon dams for irrigation of crops and electric power.
The World Bank (WB) has been the greatest single source of funds for large dam construction around the globe. Since its founding, the Bank has supported more than 550 dams in more than 90 countries, having provided over US$90 billion in loans and guarantees, mostly to developing countries. World Bank has been criticized for funding many such projects which has led to displacement of millions of people, loss of livelihoods, environmental damage, debt burdens, corruption and, in some cases, serious human rights violations. As per John Briscoe, World Bank senior water …show more content…
References:
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McCully, Patrick (1992). Cracks in the Dam: The World Bank in India. http://www.multinationalmonitor.org/hyper/issues/1992/12/mm1292_08.html
Scudder , T (2003). India’s Sardar Sarovar Project (SSP). Retrieved from http://people.hss.caltech.edu/~tzs/Sardar%20Sarovar%20Project%20Case.pdf
Shukla, Dinkar (1991). Understanding the Narmada Controversy. http://pib.nic.in/feature/fe1099/f1510991.html
Switkes, Glenn (2007). The World Bank’s Dam Legacy, International River Network. Retrieved from http://www.internationalrivers.org/files/attached-files/the_world_banks_big_dam_legacy.pdf
World Bank Group.