The International Finance Corporation praises the pulp and paper company Stora Enso as an industry leader in environmental and social standards, but questions about Stora Enso’s Dutch tax arrangement remain unresolved.
Investments by the World Bank-hosted Global Financing Facility (GFF) do not reflect the family planning priorities identified by developing countries and local communities. The GFF also continues to suffer from a lack of transparency and meaningful civil society participation, raising doubts about the new mechanism’s effectiveness.
The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.
French court finds IMF managing director Lagarde guilty of “negligence in dealing with public funds” when she was finance minister in 2008, however no fine or sentence was imposed.
The World Bank's IDA18 replenishment raised $75 billion, with increased reliance on capital markets and launched new $2.5 billion private sector window through IFC and MIGA.
UN High Level Panel on women’s economic empowerment publishes flagship report, civil society expressed concerns macroeconomic perspectives are lacking, despite Bank and Fund being on the panel.
IMF claims it is does not advocate austerity as Greek finance minister accuses IMF of economising with the truth and pushing harmful and counterproductive reforms.
This Inside the Institutions looks at the World Bank's Independent Evaluation Group, including how it is structured and the different elements of the evaluation process.
The Bretton Woods Project's selection of the best books, reports and other resources on the World Bank and IMF from 2016.
World Bank appoints new General Counsel while civil society watches for change in approach on human rights.
Ghana elected a new president who has pledged to review the country's IMF programme, which was criticised by civil society for its harsh impacts on the poorest.
Mozambique defaults on its debt after IMF freezes loan. IMF reopens discussions on new loan programme but civil society concerned lessons are not learnt.
New IMF loan programme to Jordan agreed with gendered conditions, while civil society express concerns about human rights and impacts on the lives of women.
Civil society has called on the World Bank to terminate its Enabling the Business of Agriculture initiative.
ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.
Notes of a UK CSO meeting with DFID on the annual meetings and the IDA process 23 September 2016.