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.
In the news
Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).