Box-ticking

IFI governance

Analysis

World Bank results: "box-ticking" on gender, weak monitoring and evaluation

A new IEG report highlights persistent concerns with the World Bank’s monitoring and evaluation systems and ‘sluggish’ management response, and raises questions about the effectiveness of the Bank’s integration of gender within its operations.

29 June 2016
Campaigners warn of ‘debt iceberg’ at Africa private finance summit, London, November 2015 - Credit: Jubilee Debt Campaign

Finance

Analysis

Public-private partnerships: The global debt iceberg?

Despite their popularity, PPPs have a very bad track record of delivering cost-effective investment for governments, and pose additional and serious problems by reducing transparency and accountability.

29 June 2016 | Guest analysis
Photo by: Yorgos Karahalis / AP

Finance

News

Third time a charm? Fund pressured into possible return to Greece

As Eurozone countries agree a new loan package to Greece, the IMF has conceded to ‘major concessions’ instead of up front debt relief and may participate in a new programme despite its insistence that the Fund's involvement in future programmes is dependent on ‘significant debt relief’.

29 June 2016
Credit: Australian Government, Department of Foreign Affairs

Environment

News

World Bank’s new Forest Action Plan questioned

The World Bank has released its Forest Action Plan, but civil society raised concerns, including regarding lack of impact in light of the outcomes of the safeguards review and the links to the Forest Carbon Partnership Facility.

29 June 2016
Bridge International Academy in the Nairobi slum of Mukuru kwa Njenga. Photo credit: Frederic Courbet for NPR

Social services

News

IFC pushed private education investment model criticised by UN

Two UN committees and a special rapporteur have questioned development aid funding going to private education, including through IFC supported Bridge International Academies.

29 June 2016
Safeguards protest during the World Bank spring meetings, April 2016. Credit: International Accountability Project

Rights

News

Renewed warnings over World Bank safeguards “dilution”

Further concerns have been raised over dilutions of the World Bank’s proposed new safeguards framework, as controversy arose over a Bank waiver of the indigenous peoples policy for a Tanzania project.

29 June 2016
Credit: Flickr Green Prophet

Environment

Analysis

Clean Technology Fund (CTF)

The upcoming Clean Technology Fund (CTF) resource shortfall continues to raise concerns. A proposal for “CTF 2.0” will be discussed, including two proposed modalities: CTF Green Markets and the Risk Mitigation Facility. Concerns were raised over safeguards for a geothermal energy project in Indonesia.

13 June 2016
Credit: Flickr CIAT

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

The Pilot Program for Climate Resilience (PPCR) has called for urgent donations to be able to finance projects pending approval. The CIF strategic directions paper proposed for a new private sector window to be set up. Concerns were raised about community consultations in Samoa and around resettlement risks related to a Haiti project.

13 June 2016

Other news

IFI governance

News

World Bank accountability mechanisms look to improve complainant protection

In response to increasing concern about the safety of human rights and environmental defenders, the World Bank’s accountability mechanisms look to improve complainant protection against retaliation and intimidation.

29 June 2016

Finance

News

CSOs call on World Bank and Fund to transform Debt Sustainability Framework

NGOs have called on the Bank and Fund to ensure that states’ basic needs, rather than just ability to pay, is incorporated in their review of the Debt Sustainability Framework used to assess low income countries.

29 June 2016

Rights

News

Calls for the World Bank to suspend funding to Honduras amid continued human rights concerns

Civil society responds to World Bank president Jim Yong Kim statement on human rights abuses and displacement by calls for the World Bank to suspend funding to Honduras amid continued human rights concerns.

29 June 2016

Social services

News

US Congresswoman criticises World Bank investments in water privatisation

A US Congresswoman has called for an end to the World Bank’s investments in water privatisation until a robust evaluation has taken place.

29 June 2016

Finance

News

World Bank and AIIB sign joint co-financing agreement

The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.

29 June 2016

Finance

Background

Global Infrastructure Forum: Perspectives from new development finance institutions

Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.

18 April 2016 | Minutes

Background

Global Infrastructure Forum: Opening plenary

Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.

18 April 2016 | Minutes

Environment

Background

World Bank Group Forest Action Plan FY16-20: The WBG contribution to the forest agenda

Notes from a meeting during the IMF/World Bank 2016 spring meetings with a presentation and dialogue with CSOs on the Bank's new Forest Action Plan.

18 April 2016 | Minutes