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.
CSOs argue DBR’s deregulation policies do not lower income inequality or promote inclusive economic growth, instead incentivising tax competition and undermining inclusive development.
BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.
Report by global union found privatisation and corporate capture are obstacles to progress on 2030 agenda. Independent research of education PPP trial in Liberia finds unsustainable costs.
Co-financing arrangements and increased World Bank-AIIB cooperation on mega-infrastructure projects represent a dangerous global trend that threatens human rights and locks in a failed development model.
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.
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.
New report provides evidence that IFC investments in financial intermediaries (FIs) support the construction of coal power plants in contradiction to World Bank policy and IFC statements that FI lending is ring-fenced and does not support coal.
The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).
Dam - supported by World Bank from 1985-1993 - formally opened by Indian Prime Minister despite resettlement being incomplete.
Indian fishing communities and farmers will ask the highest court in the US to rule on IFC's immunity for its role in the controversial Tata Mundra coal-fired power plant in India.
Uganda has announced that it will close IFC-backed Bridge Academy private schools due to poor hygiene and sanitation.
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.
Notes from a side event on privatisation of education and low-fee private schools, which took place during the World Bank-IMF 2016 annual meetings.
In response to increasing concern about the safety of human rights and environmental defenders, the World Bank’s accountability mechanisms look to improve complainant protection against retaliation and intimidation.
CAO has released another report critical of IFC’s compliance with its own performance standards, highlighting lack of action and continued harm to affected communities.