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World Bank Group

The Coalition for Human and Rights and Development and #RaiseTheMic protested outside the World Bank Headquarters in Washington, DC April 2016. Credit: International Accountability Project

IFI governance

Analysis

The Bank and the IMF in 2016: year in review

The Bretton Woods Project's review of the most important developments at the World Bank and IMF in 2016.

17 February 2017
brown-paper-pile-no-credit

Finance

Analysis

IFC investment in Stora Enso: the need for a responsible IFC tax policy

The International Finance Corporation praises the pulp and paper company Stora Enso as an industry leader in environmental and social standards, but questions about Stora Enso’s Dutch tax arrangement remain unresolved.

31 January 2017 | Guest analysis
bw-ifc-power-final

Environment

Analysis

Behind the fumes: the dirty truth behind the World Bank’s commitments on climate change

New report provides evidence that IFC investments in financial intermediaries (FIs) support the construction of coal power plants in contradiction to World Bank policy and IFC statements that FI lending is ring-fenced and does not support coal.

31 January 2017
Mapa del Corredor de Gas del Sur. Crédito: Bankwatch

Infrastructure

Analysis

The rise and fall of World Bank funded megaprojects

The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.

31 January 2017
AID18, cuarta reunión de reposición en Indonesia. Crédito: Heri Purwata en Crowdponent

Finance

News

World Bank IDA18 to introduce increased reliance on capital markets

The World Bank's IDA18 replenishment raised $75 billion, with increased reliance on capital markets and launched new $2.5 billion private sector window through IFC and MIGA.

31 January 2017
Lanzamiento del Grupo de Alto Nivel del ONU sobre el Empoderamiento Económico de las Mujeres, septiembre de 2016. Crédito: ONU Mujeres / Ryan Brown

Gender

News

Will IMF’s response to UN report on women’s economic empowerment change its policies?

UN High Level Panel on women’s economic empowerment publishes flagship report, civil society expressed concerns macroeconomic perspectives are lacking, despite Bank and Fund being on the panel.

31 January 2017
Assam tea worker credit: Rajan Zaveri

Rights

Commentary

World Bank continues colonial legacy on Assam’s tea plantations

CAO report validates 2013 complaint by Indian NGOs on IFC investment in colonial tea plantation in Assam. The IFC's action plan is very limited in scope.

31 January 2017 | Comment
Credit: IEG

IFI governance

Background

The World Bank’s Independent Evaluation Group

This Inside the Institutions looks at the World Bank's Independent Evaluation Group, including how it is structured and the different elements of the evaluation process.

31 January 2017 | Inside the institutions
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Other news

IFI governance

Background

Recommended resources on the World Bank and IMF 2016

The Bretton Woods Project's selection of the best books, reports and other resources on the World Bank and IMF from 2016.

2 February 2017 | Resource

IFI governance

News

World Bank appoints new General Counsel

World Bank appoints new General Counsel while civil society watches for change in approach on human rights.

31 January 2017

Land

News

World Bank’s agriculture initiative criticised

Civil society has called on the World Bank to terminate its Enabling the Business of Agriculture initiative.

31 January 2017

Private Sector

News

World Bank arbitration mechanism ICSID rules in favour of El Salvador

ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.

31 January 2017

IFI governance

Background

From accountability to action – the role of management

Notes from a side event at the IMF/World Bank 2016 annual meetings on the role of management in ensuring development banks responds appropriately to community complaints.

7 October 2016 | Minutes

IFI governance

Background

Recurring debt crises in sub-Saharan Africa and the rise of bond issuance

Notes from a side event at the IMF/World Bank 2016 annual meetings launching a new report on bonds issuance in Nigeria, Zambia and Ghana, followed by a panel discussion on government bonds as a debt issue.

7 October 2016 | Minutes
wb-safeguards-event-esf-implementation-web

IFI governance

Background

The new World Bank environmental and social framework: Opportunities and challenges for implementation

Notes from a side event on implementation of the new World Bank environmental and social framework, which took place during the World Bank-IMF 2016 annual meetings.

7 October 2016 | Minutes
gcf-safeguards-event

Environment

Background

Safeguarding climate finance: GCF, MDBs, rights, and social/environmental risk

Notes from a side event at the IMF/World Bank 2016 annual meetings discussing lessons learned from the World Bank Group’s experiences with high risk projects, safeguards, gender equality, Indigenous Peoples, and environmental and social management systems, and how these should be applied to the Green Climate Fund.

7 October 2016 | Minutes
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