The latest from WDM

Welcome to the World Development Movement news pages. You can view our news by category in each campaign section, or get the whole lot below. For press inquiries please contact the press office.

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News

UK government accepts complaint over GCM Resources’ Bangladesh coal mine

14 June 2013

British company GCM Resources was dealt a serious blow today as the Organisation for Economic Cooperation and Development (OECD) agreed to consider complaints regarding severe human rights violations associated with the company’s planned coal mine in Bangladesh.

African groups reject G8 corporate food plan as ‘colonialism’

3 June 2013

African farmers’ movements and civil society groups have rejected the G8’s New Alliance for Food Security and Nutrition as part of a “new wave of colonialism” targeting their food systems for corporate profit.

Champagne bar highlights HSBC bankrolling climate change

24 May 2013

Campaigners set up a ‘Carbon Bubbles champagne bar’ outside of HSBC’s AGM to highlight the bank’s role in financing dirty energy projects.

Barclays AGM: Protestors to target Barclays for gambling on food

24 April 2013

Campaigners from the World Development Movement will protest at Barclays’ AGM tomorrow, accusing the bank of contributing to global hunger through gambling on food prices.

Anglo-American to face protests at AGM over mines in Colombia and South Africa

18 April 2013

British mining giant Anglo-American will face protests at its London AGM on Friday over controversial mining projects in Colombia and South Africa, and the climate impact of its coal extraction.

Aid is not a business opportunity

13 March 2013

International development secretary Justine Greening announced yesterday that billions of pounds of aid money would go to UK businesses.

One third of government ministers linked to UK companies fuelling climate change

11 March 2013

One third of ministers in the UK government, including top cabinet ministers, are linked to the UK finance and energy companies fuelling climate change, a new report from the World Development Movement reveals today.

Bankers Anonymous launched to help banks kick gambling addiction

18 February 2013

Anti-poverty campaigners today launched 'Bankers Anonymous', a five-step programme to help investment banks kick their addiction to gambling on global food prices.

Barclays announced a withdrawal from speculating on food last week following public outcry over its effect on hunger.

Barclays ends food speculation that made up to £278 million in 2012

14 February 2013

Barclays, which announced an end to its speculation on food on Tuesday, made up to an estimated £278 million from the trade in 2012. The figure brings the bank’s total revenue from food speculation from 2010 to 2012 to an estimated three quarters of a billion pounds.

Barclays stops speculating on food – campaigners demand regulation

12 February 2013

Barclays chief Antony Jenkins announced today that the bank would stop speculating on food, saying the practice is “not compatible with our purpose”. It is unclear whether the bank will continue to broker speculative deals for its clients. Campaigners have renewed calls for tough regulation to prevent speculation fuelling price spikes and contributing to the global hunger crisis.