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Institute for Policy Studies

Report Info

  • Released March 2, 2004
Sustainable Energy and Economy Network » Report

Destabilizing Investment in the Americas II

The InterAmerican Development Bank Fossil Fuel Financing 1992-2004

This report examines the InterAmerican Development Bank's (IDB) investments in fossil fuels over a 12-year time span, and finds that the the development bank is pushing fossil fuel financing similar to that of the World Bank, on a smaller scale. It also finds that the largest corporate beneficiaries of this finance are based in the U.S. It also explores the energy integration trend being pushed by the IDB, a trend that also favors the movement of goods from South to North, favoring corporate profits over human needs.