Development banks are backing problematic mineral projects, report finds

AI justification

Development banks' financing of high-risk mineral projects enables systemic harm, outweighing transparency gains. | The report highlights a critical tension: while transparency tools like the Transition Minerals Finance Tracker empower accountability, the underlying financing of high-risk projects by development banks constitutes a systemic violation of environmental, social, and human rights frameworks. The negative aspects outweigh the positive due to the scale of harm enabled and the institut