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Sub-Saharan Africa

debt-restructuring

Finance

Analysis

IMF and debt restructuring: just talk?

IMF senior staff blog about the IMF’s controversial approach to debt sustainability, but their approach continues to disproportionately burden countries with repayment while bailing out private lenders and speculators.

22 March 2017 | Guest analysis
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
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
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Other news

Finance

News

Ghana: political costs of structural adjustment

Ghana elected a new president who has pledged to review the country's IMF programme, which was criticised by civil society for its harsh impacts on the poorest.

31 January 2017

Finance

News

IMF reconsiders new loan as Mozambique defaults

Mozambique defaults on its debt after IMF freezes loan. IMF reopens discussions on new loan programme but civil society concerned lessons are not learnt.

31 January 2017
ieg-evaluation-citizen-engagement-event-6-oct-2016_2

IFI governance

Background

Evaluating citizen engagement in World Bank operations

Notes from a side event on citizen engagement in World Bank operations, which took place during the World Bank-IMF 2016 annual meetings.

6 October 2016 | Minutes
education-event-bia-6-october-2016_2

IFI governance

Background

Equity, inclusion and education: Examining evidence on low-fee private schools

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.

6 October 2016 | Minutes

Finance

News

World Bank withholds new lending for Uganda

The World Bank has announced that it is withholding new lending for Uganda, following the cancellation of a criticised road project.

26 September 2016

Social services

News

Uganda to close IFC partner’s schools

Uganda has announced that it will close IFC-backed Bridge Academy private schools due to poor hygiene and sanitation.

23 September 2016

Infrastructure

News

World Bank suspends Inga dam funding

The World Bank has suspended funding for the much criticised Inga 3 hydro power project in the Democratic Republic of Congo.

23 September 2016

Rights

News

World Bank’s proposed standards “gravely weaken” investment safeguards

As the World Bank closed the third and final round of public consultations on its new draft social and environmental standards, further concerns have been raised about problematic and weak language.

5 April 2016
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