Mortgaging the Earth
392 pages, 6 x 9
Paperback
Release Date:30 Sep 2013
ISBN:9781610915175
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Mortgaging the Earth

The World Bank, Environmental Impoverishment, and the Crisis of Development

Island Press
The 1992 Rio Earth Summit was supposed to be a turning point for the
World Bank. Environmental concerns would now play a major role in its
lending – programs and projects would go beyond economic
development to “sustainable development.” More than two
decades later, efforts to green the bank seem pallid. Bruce Rich argues
that the Bank’s current institutional problems are extensions of
flaws that had been present since its founding. His new book,
Foreclosing the Future, tells the story of the Bank from the
Rio Earth Summit to today.
Bruce Rich is a lawyer who has worked for threedecades with national environmental organizations. He is an expert onpublic international finance and the environment. He received theUnited Nations Global 500 Award for environmental achievement for hisresearch and advocacy concerning multilateral development banks. He isthe author of To Uphold the World, as well as articles inpublications including The Financial Times, TheEcologist, and Environmental Forum, the policy journal ofthe Environmental Law Institute.
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