Leaving No One Behind? How Development Finance Can Better Reduce Poverty
While land and natural resource investment projects often promise to reduce poverty, their negative impacts can have the opposite effect for the communities located near investment sites. In particular, power asymmetries between communities and operating companies can undermine the potential for meaningful consultation and sustained dialogue.
To overcome this challenge, development finance institutions need to ensure at-risk communities have access to the technical support they need to navigate complex investment processes. Now is a critical moment for these institutions to create a compelling and actionable vision for how they will reduce poverty and promote food security.