Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.

8 December 2017 | At Issue

Knowledge

Analysis

After 15 years, World Bank’s Doing Business Report still missing the mark

CSOs argue DBR’s deregulation policies do not lower income inequality or promote inclusive economic growth, instead incentivising tax competition and undermining inclusive development.

7 December 2017

IFI governance

Commentary

Bank and Fun(d)speak of the year 2017

Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff.

7 December 2017 | Humour

Rights

News

CAO released damning audit of IFC hydro project in Guatemala

CAO audit finds IFC failed to identify gaps in project’s social and environmental assessment, while communities impacted by the project face impacts on water source, livelihoods and levels of violence.

7 December 2017

Knowledge

Analysis

Chinese growth’s contribution to poverty reduction challenges World Bank and IMF neoliberal policies

CEPR report found that two-thirds of extreme poverty during past 25 years took place in China, which did not follow World Bank and IMF neoliberal policies.

6 December 2017

Environment

News

CSOs call on World Bank to prioritise forests in climate action

Civil society organisations call on World Bank Group to do more to prioritise forests and forest peoples’ rights.

6 December 2017

Environment

News

Shared prosperity? WBG fails to progress on energy access for poor

A new civil society report criticises the World Bank for not doing enough to help meet Sustainable Energy for All (SEforAll) objective of achieving universal energy access by 2030.

6 December 2017

Finance

News

IMF and Bank “intensifying” tax work: Possible progress or consolidating control?

The World Bank and IMF are intensifying their work on tax under the Platform for Collaboration on Tax, yet civil society is cautious about embracing tax policy advice coming from the Bretton Woods Institutions.

6 December 2017

Other news

IFI governance

Background

UK civil society meeting with UK World Bank Executive Director Melanie Robinson

Notes of a meeting with UK World Bank Executive Director Melanie Robinson on 22 September 2017.

15 December 2017 | Minutes

Conditionality

News

New IMF conditionality database launched

Team of UK academics launch new, freely available IMF conditionality database.

7 December 2017

Rights

News

CSOs express concern about IMF’s “strongly divergent” social protection approach

Global Coalition for Social Protection Floors submits letter to the IMF expressing concerns about impacts of Fund's policies on social protection.

6 December 2017

Environment

News

COP 23 puts Bank-backed climate insurance in spotlight

Lack of progress on Loss & Damage finance at global climate talks means climate insurance remains default option to mitigate losses from climate change.

6 December 2017

Environment

News

Landmark climate-change complaint against IFC lodged in Philippines

The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).

6 December 2017

Rights

News

Long-awaited ESF Guidance Notes fail to meet CSO expectations

Civil society groups write to World Bank calling for substantial revision of the draft Notes.

6 December 2017

Private Sector

News

CSOs call on World Bank to halt its aggressive support of PPPs

152 CSOs call demand World Bank halt its aggressive support of PPPs, publicaly recognise their significant risks.

6 December 2017

Finance

News

IFC to revisit its development outcomes framework

Civil society seeks to input into IFC's new development outcomes framework.

6 December 2017