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Latin America & Caribbean

IFI governance

Analysis

IFC 3.0: superficial upgrades, same problems?

As the IFC sets out a new strategy, CAO and CSO reports have raised further criticism over its investment in financial intermediaries, and a new law suit challenges its immunity.

7 April 2017

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

Environment

News

World Bank policy lending undermines climate goals

A CSO report has found that the World Bank’s development policy lending is supporting incentives for fossil fuels in Egypt, Indonesia, Mozambique and Peru.

6 April 2017

Finance

News

CSOs refuse to participate in World Bank PPP consultation

CSOs have refused to participate in a World Bank PPP consultation until transparency and accountability concerns are addressed.

6 April 2017

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

Social services

Analysis

GFF falls short on family planning

Investments by the World Bank-hosted Global Financing Facility (GFF) do not reflect the family planning priorities identified by developing countries and local communities. The GFF also continues to suffer from a lack of transparency and meaningful civil society participation, raising doubts about the new mechanism’s effectiveness.

31 January 2017 | At Issue

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
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Other news

Accountability

News

CAO opens case in Chile on World Bank project Alto Maipo

In March CAO found a complaint on behalf of communities affected by IFC’s investment in the Alto Maipo hydroelectric project in Chile eligible for further assessment.

3 July 2017

Conditionality

News

Suriname walks away from IMF conditionalities

The government of Suriname has cancelled its loan programme with the IMF, claiming its conditionalities were too much to bear for its citizens.

3 July 2017

Accountability

News

CSO letter raises concerns about World Bank security personnel safeguards

CSO ICAR submitted a letter to the World Bank about safeguarding provisions on the use of public and private security personnel. Concerns were raised about the inappropriate use of force and high-risk situations.

3 July 2017

IFI governance

Background

Engaging citizens for better development results

Notes from IEG-sponsored citizen's engagement civil society policy forum session - 19 April

20 April 2017 | Minutes

Private Sector

Background

Why impact investments can be an effective tool for social development

Notes of spring meeting session on impact investments, 18 April.

18 April 2017 | Minutes

Conditionality

News

Peru CSOs demand World Bank accountability

Peruvian CSOs have raised concerns about the development of Peru's Country Partnership Framework in an open letter to the World Bank.

7 April 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

Rights

News

Calls for the World Bank to suspend funding to Honduras amid continued human rights concerns

Civil society responds to World Bank president Jim Yong Kim statement on human rights abuses and displacement by calls for the World Bank to suspend funding to Honduras amid continued human rights concerns.

29 June 2016
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