A group of NGOs has sent a letter in May to the World Bank’s country director for Poland asking for a halt to Bank support for a highway modernisation project. After long negotiations with government agencies, the NGOs had won assurances that the EU financing decision for the project would await completion of a strategic environment assessment. NGOs want Bank financing to await the outcome of the same assessment. The highway widening is part of a larger project which NGOs say will seriously impact wildlife and create pollution problems for several national parks. The Bank has not responded to the call for a meeting.
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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