ecology

Maryknoll statement on Green Climate Fund

The Maryknoll Office for Global Concerns commends the administration’s $3 billion contribution to the Green Climate Fund. This fund has the potential to finance important adaptation and mitigation projects to transform the lives of the poorest and most vulnerable communities to climate change in developing countries and to protect God’s creation.

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Bolivia: At the crossroads

Recent Bolivian presidential and legislative elections showed the consolidation of the political power of the charismatic indigenous leader Evo Morales and his Movimiento a socialismo (Movement to Socialism, MAS) party in electing him to serve an unprecedented third term with a resounding 61 percent of the popular vote.

Santa-Rita-web-picture_carbonmarketwatch

IFC standards have subpar outcomes

The International Finance Corporation (IFC), the private lending arm of the World Bank, is the largest department of the five World Bank entities. In recent years, due to pressure from civil society, and in some cases from private industry, the IFC developed performance standards related to social and environmental sustainability to manage environmental and social risks. The practical performance of these standards falls short.

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U.S. funds create “21st century border”

According to a report crafted by the Washington Office on Latin America (WOLA) and the Jesuit Conference of the United States, the recent drop in the number of migrants from Central America trying to enter the U.S. through the southern border can be attributed to the policies being implemented by the Mexican and Central American governments at the behest of, and with funding from, the U.S. government.