Eastern Europe & Central Asia

Environment

News

Development banks pump more money into Southern Gas Corridor, despite fresh concerns

EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project

24 July 2018

Accountability

News

CAO accepts complaint related to MIGA guarantee for TANAP

Complaint is latest in a series of environmental & social concerns raised about Southern Gas Corridor

4 April 2018

Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.

8 December 2017 | At Issue

Knowledge

Analysis

After 15 years, World Bank’s Doing Business Report still missing the mark

CSOs argue DBR’s deregulation policies do not lower income inequality or promote inclusive economic growth, instead incentivising tax competition and undermining inclusive development.

7 December 2017

Infrastructure

News

Azerbaijani Laundromat to sully Bank’s reputation?

Scandal raises new questions about World Bank loans for Trans-Anatolian Pipeline (TANAP), after civil society previously raised concerns over human rights violations and the negative environmental impact of the project.

27 September 2017

Gender

Analysis

The IMF, Gender Equality and Expenditure Policy

BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on expenditure policy in developing countries, focusing in particular on austerity measures.

21 September 2017 | Briefing

Conditionality

News

IMF Ukraine programme’s impact on women’s rights criticised at Human Rights Council

WILPF submitted a statement to Human Rights Council criticising the IMF's Ukraine programme. The statement argued that the programme's harsh conditionalities hurt women in particular and called for a human rights based approach to macroeconomic policy making.

3 July 2017

Rights

Background

World Bank Inspection Panel - emerging lessons on environmental assessment

Notes from a meeting at the IMF/World Bank 2017 spring meetings launching the third report in the Inspection Panel's new series on "emerging lessons", on environmental assessment.

18 April 2017 | Minutes

Social services

Analysis

World Bank undermines right to universal healthcare

The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.

6 April 2017 | At Issue
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

Environment

Analysis

Clean Technology Fund (CTF)

A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.

30 November 2016

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

Pipeline management and cancellation policies are in preparation for the Pilot Program for Climate Resilience (PPCR) to address funding constraints, with no funding available for new pilot countries’ projects. Questions were raised about gender impacts for a renewable energy project in Mozambique.

30 November 2016