Photo credit: Amnesty International

Rights

News

Evicted Nigerian residents denied full investigation by World Bank’s Inspection Panel

Some 9000 evicted residents of a Lagos community denied justice by World Bank's Inspection Panel as Amnesty International says Bank is "complicit" in process.

19 August 2014
Credit: Adrienne Pine

IFI governance

News

Accountability mechanism strongly criticises IFC loan to Honduran bank

An audit by the IFC’s accountability mechanism says the IFC failed to adequately address environmental and social risks when it approved a $70 million loan to Honduran bank Ficohsa.

13 August 2014
Credit: Rainforest Rescue Germany

Finance

Analysis

IFC statements welcome but concrete action needed

Bretton Woods Project response to IFC executive vice president Cai’s Bank blog challenges the IFC’s commitment to address systemic problems.

12 August 2014
Partially completed, unoccupied houses in resettlement community, Nurabod district, Tajikistan. Credit: 2013 Jessica Evans / Human Rights Watch

Rights

News

Tajikistan’s proposed mega-dam spells disaster for local communities

Whilst the World Bank’s assessment gives the green light to the world’s tallest dam in Tajikistan, a Human Rights Watch report highlights severe damage to local communities.

12 August 2014
Credit: BIC

Rights

News

Consultation launched on new draft World Bank safeguards

The World Bank has released a first draft of its new safeguards framework for consultation, despite concerns from civil society organisations and indigenous peoples groups.

4 August 2014
credit: Centre for Research on Globalization

IFI governance

Analysis

A major political move: the BRICS launch the New Development Bank and a reserve arrangement

A new article, co-written by Eurodad and the Bretton Woods Project, analyses the BRICS' newly launched bank and reserve arrangement.

18 July 2014
A private affair Eurodad report

Private Sector

Analysis

Factsheet: World Bank’s IFC and private finance for development

This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.

14 July 2014
Indigenous peoples protest against REDD in Durban, 2011 (credit: Langelle. GJEP-GFC)

Environment

Analysis

World Bank forests projects under fire

World Bank continues to strongly back REDD+ forest projects, which have been criticised for not consulting indigenous peoples or respecting land rights.

20 June 2014

Other news

Knowledge

News

6 August 2014

Who’s poor? New estimates of PPPs led to halving of Bank’s poverty numbers

A May Bank-led statistical operation has used a new method to estimate purchasing power parities, allowing it to more than halve the estimated number of people living on below $1.25 per day from 1.22bn to 0.57bn.

Conditionality

News

22 July 2014

World Bank criticised for rejecting Doing Business reform

In response to the World Bank’s rejection of significant reform to its revised Doing Business Report (DBR) methodology (see Observer Summer 2014), civil society organisations wrote a letter in June to Bank president Jim Yong Kim.

Background

14 July 2014

Luiz Vieira joins the Project

Luiz has joined the Project as Coordinator. Previously he served for eight years as the chief of mission for the International Organization for Migration (IOM) in Timor Leste.

Background

14 July 2014

Staff profiles

Information about the experience that staff bring to the Bretton Woods Project.

IFI governance

Background

1 July 2014

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

Land

News

27 June 2014

IFC criticised for bad smell of Ukraine loan

An IFC loan to Danish pig farming company in Ukraine has resulted in a complaint to the Compliance Advisor Ombudsdman because of the air pollution and harm to local people's health.

Rights

News

27 June 2014

ILO paper questions IMF research on labour market reforms

A recent ILO publication finds major methodological flaws in reserach papers that the IMF used to justify the weakening of labour regulation.

Land

News

20 June 2014

CAO investigation: IFC-linked rubber firm project paused

An IFC-linked Vietnamese rubber plantation company agreed to temporarily suspend activities in three Cambodian plantations, but activists urged the company to cease its activities in all communities.