For immediate release. 15 December 2025, Kathmandu, Nepal. The role of the International Financial Corporation (IFC) in supporting an environmentally destructive cable car project in Nepal is under investigation by its internal watchdog, the Compliance Advisor...
NEPAL 26 August 2025: A construction company supported by a World Bank advisory project is building a cable car up the sacred Mukkumlung mountain in the Himalayas and has already felled over 10,000 trees in forests inhabited by highly endangered snow leopards and...
Indigenous Peoples’ organizations have urged the International Finance Corporation (IFC) – the private lending arm of the World Bank Group – to establish and implement a dedicated consultation process and an Indigenous Peoples Advisory Group as part of the ongoing...