The World Bank’s decision to block a $90 million loan to Uganda last February in response to a sweeping anti-homosexuality law has helped slow passage of anti-LGBT laws in other countries, implied President Jim Yong Kim during an interview with BuzzFeed News.
“Everyone knows now that I will do this and so everyone is watching very carefully,” said Kim during a visit to BuzzFeed News’s New York headquarters. Kim also confirmed that the loan, which was “delayed” last February, is officially dead and that “the Ugandans have withdrawn their request” for the funding.
Kim reflected on the loan while discussing a proposal for updated “safeguards” for human rights and the environment that are being drafted to guide the Bank’s lending. A first draft was unveiled last spring, and the Bank is working on revising them after an extensive comment period. Many LGBT rights supporters praised Kim’s stand against homophobia in blocking the Uganda loan — the first time a Bank leader had said homophobia was counter to Bank principles — human rights advocates have criticized the safeguard proposal as lacking teeth, not consistently enforceable, and primarily designed to avoid embarrassment for the bank rather than actually protecting vulnerable populations…. http://www.buzzfeed.com/lesterfeder/world-bank-president-our-efforts-have-slowed-rise-of-anti-lg#.nb0xnv08y