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Latin America & Caribbean

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
Community midwife in badakhshan uses postpartum family planning

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
Wind turbines in Thatta District, Pakistan. Credit: Asian Development Bank

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
Women watering mukau sapplings in Kenya. Credit: Flore de Freneuf/World Bank

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
Piles of teak logs, Java, Indonesia. Credit: CIFOR

©Center For International Forestry Research/Murdani Usman

Environment

Analysis

Forest Investment Program (FIP)

Challenges in measuring progress were noted for the Forest Investment Program (FIP), in particular greenhouse gas accounting. Investment plans for Mozambique and Ivory Coast have been approved. Questions were raised over the reasoning for a commercial teak plantation project in Ghana.

30 November 2016
Solar panels in Rohertek, Bangladesh. Credit: Dominic Chavez, World Bank

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

A new a new Enhanced Private Sector Program for the Scaling up Renewable Energy Program in Low Income Countries (SREP) is due to discussed. Cambodia’s investment plan has been approved. Social, environmental and financial risks related to a Nicaragua geothermal project were raised.

30 November 2016
Lahendong geothermal power plant, Manado, Indonesia. Credit: Asian Development Bank

Environment

Analysis

Climate Investment Funds Monitor 14

New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

30 November 2016
Credito: foto por Justice & Empowerment Initiatives (JEI)

IFI governance

Analysis

The World Bank’s failed accountability experiment: Why the Inspection Panel’s ‘Pilot’ should dead end

The Inspection Panel's Pilot is criticised for undermining the Panel’s authority, allowing World Bank management to circumvent compliance investigations, and perpetuating existing power imbalances between the Bank, its clients and communities.

4 August 2016
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Other news

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

Gender

Background

Missing the bigger picture for women’s economic empowerment? Wages, labor and taxation policies in focus

Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings, exploring human rights, social policy and gender equality, examining the IMF’s pilot surveillance work on inequality and gender and the World Bank’s new gender strategy.

15 April 2016 | Minutes

IFI governance

Background

Recommended resources on the World Bank and IMF 2015

The best books and papers on the World Bank and IMF from 2015.

10 February 2016 | Resource

Conditionality

Commentary

Bankspeak of the year 2015

Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and Bank staff.

8 February 2016 | Humour

Environment

Background

Toward COP21: A panorama of World Bank Group’s approach in supporting Peru’s climate agenda

Notes from a meeting at the IMF/World Bank CSO Forum at the 2015 Annual meetings, focusing on impact of World Bank support to Peru's climate change strategies.

6 October 2015 | Minutes

Social services

News

World Bank’s “wakeup call” on universal health

New World Bank report shows lack of access to basic health services has pushed six per cent of the global population into poverty, as the IFC continues to support private health providers.

7 July 2015

IFI governance

Background

What are the trends in the energy sector?

Notes from a meeting on energy during the World Bank spring meetings.

17 April 2015 | Minutes
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