This briefing finds significant bias in favour of corporations and commercial interests in the main venue for settlement of legal cases brought by corporations against governments: the World Bank’s International Centre for Settlement of Investment Disputes (ICSID).
Latin American states are actively exploring alternative mechanisms to the ICSID state-investor dispute mechanism which they claim has investor bias.
This page outlines the structure of the UK government's interaction with the World Bank and the IMF. It provides contact information for the appropriate staff at the Department for International Development and HM Treasury who deal with the Bretton Woods institutions
A letter to all World Bank governors calling for reforms to the selection process for a new World Bank president signed by over 50 civil society groups
Ongoing mining projects’ impacts on rights, gender and the environment suggest a new approach to the sector is needed, as the IMF and World Bank dole out contradictory advice on mining revenues.
A spate of human rights violations and environmental abuses by mining ventures backed by the International Finance Corporation (IFC), the private sector arm of the World Bank, is raising alarm over the inadequacy of its social and environmental standards.
The International Center for the Settlement of Investment Disputes (ICSID) is facing an explosion of cases and increasingly vocal criticism from Latin American countries. Questions remain over whether it helps channel productive investment to developing countries or serves as a tool for multinational corporations to get their way.
The International Center for the Settlement of Investment Disputes (ICSID), part of the World Bank Group, is an arbitration forum between governments and foreign investors to settle investment disputes. Two thirds of international investment disputes go through ICSID.
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.
Civil society challenges ICSID role in El Salvador mining dispute as international lawyer accuses the arbitration forum of being “seriously flawed”
In October 2011 international coalition of civil society groups Seattle to Brussels Network held an international week of action against bilateral investment treaties.
A group of more than 35 leading academic experts in investment law have to express concerns over the social impact of investor protection priority in target countries.
The International Centre for Settlement of Investment Disputes, a World Bank arm for investor-state dispute arbitration, decided in March that questions of confidentiality and transparency in arbitration are to be determined on a case-by-case basis.
For the first time ever, a tribunal of the World Bank's International Centre for Settlement of Investment Disputes (ICSID) will hear human rights arguments.
The World Bank's Bolivia office has decided to get into the propaganda game. This month it produced a snazzy little 22-page booklet that it is distributing by the tens of thousands in three major Bolivian dailies, in La Paz, Cochabamba, and Santa Cruz. The booklet is titled, "Ten Things They Never Told You About the World Bank in Bolivia."
Venezuela has asked Exxon Mobil to go back to the World Bank's International Centre for the Settlement of Investment Disputes, and drop lawsuits filed in other courts in London and New York.