The ADB in Burma: Behind the Scenes

Description: 

CONCLUSION: Burma still lacks sound economic policy, and the state is unwilling to reconcile with ethnic armed groups. Foreign direct investment in Burma is concentrated in energy and extractive sectors and often results in militarization, displacement and human rights abuses in ethnic areas. The facilitation and mobilization of private investment is having and will continue to have a major impact on the environment and communities, particularly in ethnic areas where the majority of natural resources remain. Current foreign investment is not reducing poverty but reinforcing the current power structures, and the vast majority of citizens in Burma are excluded from the benefits of development. Until the people of Burma can meaningfully participate in development decisions, preconditions for responsible investment are in place, and adverse impacts can be mitigated, then the ADB should refrain from any form of new engagement with Burma. If they do engage (i.e., fund, facilitate, administer) in Burma, the ADB must follow the International Financial Corporation?s ?Sustainability Framework,? and adhere to their own environmental and social safeguard policies, including safeguards on Involuntary Resettlement, Environment and Indigenous People, as well as the ADB?s Accountability Mechanism and Public Communications Policy... RECOMMENDATIONS: Until the people of Burma can meaningfully participate in development decisions, preconditions for responsible investment are in place, and adverse impacts can be mitigated, then the ADB should refrain from any form of new engagement with Burma. If they do engage (i.e., fund, facilitate, administer) in Burma, the ADB must follow the International Financial Corporation?s ?Sustainability Framework,?, and adhere to apply their own environmental and social safeguard policies, when they do engage, including safeguards on Involuntary Resettlement, Environment and Indigenous People, as well as the ADB?s Accountability Mechanism and Public Communications Policy. If the ADB is involved in any future national development planning for Burma, they must make sure it is based on proper needs assessments and a participatory consultation process which ensures that it furthers the interest of the people.

Creator/author: 

S. Bourne

Source/publisher: 

NGO Forum on ADB

Date of Publication: 

2011-04-00

Date of entry: 

2012-06-12

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Local URL: 

Format: 

pdf

Size: 

1.27 MB