28.9 C
New York
June 20, 2024
Africa Bahrain Business Climate crisis Employment Energy industry Environment Friends of the Earth Global development Human rights India Middle East and North Africa Mozambique news South and Central Asia UK news Workers' rights World news

Britain hands billions to projects linked to labour abuse and climate damage

UK Export Finance used £5.24bn of taxpayer money to fund overseas energy and infrastructure ventures – despite its own review raising concerns

The British government has provided more than £5bn in the past three years to overseas energy and infrastructure projects linked to labour abuses and environmental damage, according to documents and interviews with workers.

The funding – a combination of loans and guarantees – comes from the government’s export credit agency, UK Export Finance (UKEF), a government department to help UK companies access business contracts overseas.

Continue reading…

Related posts

Trump to hold press conference at Mar-a-Lago on Capitol attack anniversary

TheWorldsNews

Senegal riot police fire teargas to break up protests over postponed election

TheWorldsNews

Iran and Saudi Arabia agree to restore ties after China-brokered talks

TheWorldsNews

Pin It on Pinterest

Share This