DFID's mandate - poverty alleviation
Favouring oil companies over the poor
Spending taxpayers' money - no records kept
Public risk insures private profit
Rules broken and safeguards ignored
Conclusion: Favouring the powerful over the poor
Recommendations for DFID in multilateral development banks
Recommendations for Parliament
Summary of Pumping Poverty, a new report published by Platform Research, Friends of the Earth [1] and Plan B
Note: This is a summary of the report. For the full report please download Pumping Poverty
Pumping Poverty investigates the role of British overseas development aid in facilitating oil development. It finds that – far from helping the world's poorest people – such aid often serves its wealthiest corporations, leaving the poor worse off than before and aggravating global climate change.
Pumping Poverty was researched and written by Lorne Stockman and Greg Muttitt, with contributions from Kirsty Hamilton. Published March 2005.
For further information, or to order a copy of the report, contact Plan B
PDF versions are available on www.carbonweb.org and planb.org
[1] England, Wales and Northern Ireland
