Latin America & Caribbean

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

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

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

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