IMF spring mtgs3

IFI governance

Analysis

Spring meetings 2014: communiqués coverage

Detailed analysis of the communiqués from the 2014 World Bank and IMF spring meetings.

12 April 2014
World Bank prioritises financial sector instead of poverty (Fiscal years 2010-2013). Bretton Woods Project

Private Sector

Commentary

Can development really be delivered by investing in private banks?

In a new blog the Bretton Woods Project highlights the Bank's increasing investment in financial intermediaries at the expense of education and health

11 April 2014
Inga Dam (International Rivers)

Infrastructure

Analysis

Costly dams criticised

In March the Bank approved funding related to the controversial Inga 3 dam project in the Democratic Republic of Congo, while an academic study finds large dams often are neither cost efficient nor carbon neutral.

31 March 2014
Fishing under the shadow of coal plants in Mundra, India (Joe Athialy)

Environment

Analysis

World Bank’s climate change crusade: rhetoric or reality?

The World Bank is focussing significant time and resources into promoting itself as an agent for tackling climate change, but is still funds dirty energy through coal and gas projects, most recently in China.

31 March 2014
Forest Peoples Programme

Rights

News

World Bank accused of resettlement “cultural genocide”

A series of high-profile eviction cases in Kenya, Nigeria and Cambodia has exposed the World Bank’s failure to protect the human rights of communities supposed to benefit from its projects, prompting widespread international condemnation.

31 March 2014
Photo: Victorgrigas, Wikimedia Commons

IFI governance

News

“Declining performance” at World Bank as strategy moves forward

A leaked draft IEG report reveals declining performance trends at the World Bank, including the IFC’s financial sector lending, while the implementation of the Bank’s strategy continues with the launch of a public consultation on the new country engagement model.

31 March 2014

Private Sector

Analysis

IFC funding to financial intermediaries: unfit for purpose

An IFC investment in ANZ Royal Bank has been criticised after the bank was implicated in a “massive land grab” in Cambodia. Further cases from Guatemala and Honduras reinforce calls for IFC to rethink its investments in financial intermediaries.

31 March 2014

Accountability

Background

IMF technical assistance

Technical assistance is a form of non-financial assistance provided by the IMF with the aim of improving the implementation of economic policies. Technical assistance accounts for about one-quarter of the IMF's operating budget, of which approximately two-thirds of total technical assistance goes to low income and lower-middle income countries.

31 March 2014

Other news

Private Sector

Background

22 April 2014

Summary of a meeting between civil society organisations and the IFC on financial intermediary lending

IFC staff and NGO representatives discussed financial intermediaries lending in a closed door meeting on Sunday 13 April.

Conditionality

Background

22 April 2014

Reforming IMF conditionality. Where do we stand?

Rights

Background

12 April 2014

Update on WBG safeguard's review process

IFI governance

Background

12 April 2014

An overview of the World Bank Group's new country engagement model

Conditionality

Background

12 April 2014

IMF recommendations to Arab countries in transition: Challenges & prospects

Trade

11 April 2014

The future of Doing Business

Environment

Background

11 April 2014

Climate risks and the World Bank

Infrastructure

Background

11 April 2014

Bridging the gap: scaling up investment into Africa's infrastructure