Credit: Kevin Dooley

Infrastructure

News

World Bank Global Infrastructure Facility launched despite “reputational risks”

The World Bank-hosted Global Infrastructure Facility has been launched despite concerns over risks, including duplication with other initiatives, such as the new Asian Infrastructure Investment Bank.

12 November 2014
Protest during World Bank annual meetings. Credit: Accountability Project

Land

News

World Bank targeted over role in land grabs

As activists staged global protests highlighting the potential damage from new World Bank agriculture rankings, Cambodian groups expressed concerns over reports that the Bank is considering resuming loans to Cambodia.

12 November 2014
Healthcare protest, Uganda 2012. Credit: paper-bird.net

Social services

News

Will the World Bank deliver? New fund for maternal and child health launched

A newly launched World Bank-hosted fund provides cash injection to maternal and child health services. However, questions remain about how the funds will be raised and the implications for other Bank health programmes

12 November 2014
pylonsunset (Photo courtesy of David R. Tribble, used under the terms of the GNU Free Documentation License and the Creative Commons Attribution ShareAlike License)

Environment

Analysis

Clean Technology Fund (CTF)

Clean Technology Fund (CTF) funding approvals continue to rise, including private sector projects for geothermal energy. Revisions for investment plans were approved for Nigeria and the MENA region, with Libya added as a new country.

12 November 2014
Sahel food crisis 2012. Pablo Tosco.Oxfam

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

Funding shortfalls are predicted for the Pilot Program for Climate Resilience (PPCR), as ideas for potential new funding are due to be discussed.

12 November 2014
forests - Pmorgan flickr

Environment

Analysis

Forest Investment Program (FIP)

Disbursement of funds continues to be slow in the Forest Investment Program (FIP). The World Bank has responded to civil society groups’ criticism over the lack of consultation for FIP plans in Indonesia.

12 November 2014
geothermal plant

Environment

Analysis

Scaling up Renewable Energy Program (SREP)

Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.

12 November 2014
Credit: Adrienne Pine

IFI governance

Analysis

Moving beyond aspirations? IFC still unable to determine the impact of its financial intermediaries investments

A new monitoring report by the Compliance Advisor Ombudsman concludes that the IFC still lacks a mechanism to determine whether its financial intermediaries investments do no harm or have a positive development impact

12 November 2014

Other news

IFI governance

News

20 November 2014

IEO report criticises IMF policy recommendations

Independent Evaluation Office October report on the IMF's response to the financial and economic crisis criticises the Fund's recommended monetary and fiscal policy advice.

Rights

News

18 November 2014

Inspection Panel finds World Bank did not apply safeguards on Kenya forest project

The World Bank board has approved the action plan in response to the Inspection Panel report on the Kenya Sengwer case. The Sengwer indigenous community welcomed the action plan but demanded recognition of their status as "custodians" of the Embobut forest.

Finance

News

17 November 2014

UK NGO calls for measures to address unsustainable debt payment risk

Jubilee Debt Campaign’s new report calls for “urgent measures” to “prevent a new debt crisis” highlighting the risk of the ongoing lending boom to impoverished countries as IMF discusses contractual reforms.

Infrastructure

News

12 November 2014

New report highlights lack of MDB spending on energy access for the poor

A new report by Sierra Club and Oil Change International highlights the need for MDBs to establish criteria for energy access for the poor within their energy portfolios in order to achieve the goal of universal energy access by 2030.

IFI governance

Background

11 October 2014

Sovereign debt restructuring: options, obstacles and opportunities

Notes of a meeting on sovereign debt restructuring at the World Bank-IMF annual meetings 2014

IFI governance

Background

11 October 2014

The impact of the BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB)

Notes of a meeting on BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB) at the World Bank-IMF annual meetings 2014

IFI governance

Background

10 October 2014

UK civil society meeting with UK World Bank Executive Director Gwen Hines

Notes of a meeting with World Bank executive director Gwen Hines in October 2014.

IFI governance

Background

10 October 2014

IFC Update on Dinant financing

Notes of an IFC update on Dinant financing at the World Bank-IMF annual meetings 2014