A report by Can and Leader analyses the concession agreement for the Bank-supported Nam Theun 2 dam in Lao PDR (Update 45), between the country's government and the Nam Theun 2 Power Company Ltd (NTPC).
East Asia & Pacific
Accountability
News
Bank facilitates illegal logging in Cambodia
According to NGOs, the World Bank has facilitated illegal logging in Cambodia, violating its own operational policies in the process.
Rights
News
Board approves Nam Theun 2 dam in Lao PDR
Bank approves support for Nam Theun 2 dam in Lao PDR despite controversy and strength of international opposition
Social services
Commentary
The role of World Bank and IMF post-tsunami in Indonesia
The Paris Club communiqu
Environment
News
Tsunami: World Bank and IMF response
Summary of the World Bank and IMF response to the tsunami
Rights
News
Nam Theun 2: Decision pending serious problems remain
The deadline for the Bank's decision to finance the controversial Nam Theun 2 hydroelectric power project in Lao PDR is fast approaching. However, long-term opponents of the project predict that its environmental and social outcomes will be disastrous, and criticize the current consultation process as fundamentally flawed.
Environment
News
World Bank rewards Cambodian government despite forest mismanagement
Despite its failure to improve forest management, the World Bank has released further funding to the Cambodian government. NGOs argue that this shows that the Bank is not serious about social and environmental issues. The Bank's anti-corruption credentials are also in doubt as it has awarded a contract for forest monitoring to a company with convictions for bribery.
Finance
News
IMF chief backs Asian Monetary Fund
IMF Managing Director Horst Koehler was reported as backing an independent Asian Monetary Fund when…
Infrastructure
News
Company withdraws from Lao dam project
Electricit
Rights
News
Questions raised over World Bank post-conflict work
The World Bank is caught in a new political storm in Cambodia for cancelling $6.3 out of an $18 million loan for the demobilisation and reintegration of Cambodian soldiers. Meanwhile the Bank is criticized for refusing to directly back disarmament.
Environment
News
Asia-Pacific groups walk out of Bank extractives review
Civil society groups walked out of the Asia-Pacific meeting of the World Bank Extractive Industries Review (EIR) at the end of April. Coming after many other complaints about the process this raises major questions about whether the results of the Review - due to be released in December - can be portrayed as the result of a fair multi-stakeholder engagement.
Accountability
News
IMF Manila rep moved after data leaks
The IMF is replacing the head of its Manila mission, Joshua Felman, after he was linked to leaks of confidential information.