The World Bank Group has appointed the first IFC/MIGA Compliance Advisor/Ombudsperson. She will help address the concerns of local communities adversely affected by an IFC– or MIGA– backed projects, and advise senior management on implementation of environmental, social and information policies. The appointee, Meg Taylor is from Papua New Guinea. She served on the PNG Law Reform Commission, was PNG‘s Ambassador to the United States and is Chairperson of Conservation Melanesia, and a board member of WWF USA and several private companies in PNG.
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
The Bretton Woods Project has published a new briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
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