Participants at a recent Fight Inequality Alliance event.

Finance

News

Fight Inequality Alliance prepares for Annual Meetings in Bali

Fight Inequality Alliance meets in Brazil to plan action against current shocking levels of inequality and prepare for World Bank and IMF October Annual meetings in Bali, Indonesia.

27 July 2018 | Event
Mundra coal-fired power plant at Mundra, Gujarat, India. Credit Nizil Shah

Accountability

News

US Supreme Court to hear case challenging IFC’s claim to absolute immunity

Court's decision on IFC’s legal immunity in the Tata Mundra coal-fired power plant case will set important precedent

26 July 2018
An Artic-bound oil rig in Seattle's Elliot Bay in 2015.

Environment

News

World Bank DPL paves way for offshore drilling in Guyana, despite CSO concerns

Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits

24 July 2018
Coast in Mozambique

Finance

Analysis

Mozambique and the IMF's get out of jail free card

Joseph Hanlon asks where the accountability for the Mozambique debt crisis lies and why the poor are once again paying the costs.

24 July 2018
The City at the Crossroads of History mural.

Knowledge

Analysis

Pro-business agenda drives World Bank’s report on the future of work

As the World Bank publishes a report calling for labour market deregulation, global trade unions fight back.

23 July 2018 | Guest analysis
Argentina President Mauricio Maccri

Conditionality

Analysis

Bad news for Argentina: The cruel IMF is back

As Argentina agrees to a $50 billion IMF loan, the ghost of loans past lingers, as protests erupt and strikes begin.

23 July 2018
Construction workers at work, Tianjin, China

Social services

News

Privatised profits, socialised losses: European reports call World Bank’s PPP push into question

Reports expose the scale of damage caused by PPPs, adding weight to broader concerns around the Bank’s aggressive promotion of them.

23 July 2018
Peacekeepers patrol Haiti during elections.

Accountability

News

IEO fragility report: IMF less concerned with “making a real difference on the ground”

IEO produces fragility evaluation on IMF and finds major staff incentive issues and other concerns, questioning Fund's credibility of its commitments in this area.

23 July 2018

Other news

IFI governance

News

World Bank general capital increase to be formalised in October

World Bank board to formalise contentious general capital increase at October Annual Meetings

27 July 2018

IFI governance

News

World Bank announces two new appointments

Pinelopi Goldberg joins as the Bank’s chief economist and Imrana Jalal as the new chairperson of the Inspection Panel

24 July 2018

Infrastructure

News

IFC takes its first steps to address Bujagali dam complaints

IFC announces preliminary measures to address CAO complaints regarding Uganda's Bujagali dam, as project receives WBG refinancing boost.

24 July 2018

Environment

News

Development banks pump more money into Southern Gas Corridor, despite fresh concerns

EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project

24 July 2018

Rights

News

World Bank releases revised ESF Guidance Notes for Borrowers

Despite improvements, notes still contain gaps in key areas including human rights and climate action

24 July 2018

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 19 March 2018.

14 May 2018 | Minutes

Accountability

News

Indian fishing communities petition US Supreme Court to hear case against IFC

Indian fishing communities that claim to have been harmed by IFC investments seek to challenge its 'absolute immunity'

30 April 2018

Environment

News

World Bank remains GCF interim trustee amid questions over long-term status

GCF’s permanent trustee will chosen through open bidding process with final decision expected to be taken in October

4 April 2018