World Bank ‘gambling assets’ by investing in private water firms

Posted by Washington Post: Juliet Eilperin on October 7th, 2013
Guardian: Civil society groups are pressuring the World Bank to disinvest from private water companies, saying that privatising ownership and management of this natural resource has failed to improve access to clean drinking water. The World Bank is subsidising private profiteering from an essential resource by lending public money to private corporations that manage or run water utilities but have failed to improve services, says Corporate Accountability International (CAI), a Boston-based advocacy group......

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