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Sub-Saharan Africa

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
No tax havens! Credit: GUE/NGL Action in Plenary chamber

Finance

News

IFC's (ir-)responsible tax investment policy

Civil society organisations have demanded that the IFC develop a responsible tax policy that ensures that IFC investments are consistent with its development mandate and do not support companies utilising aggressive or abusive tax practices.

23 September 2016
International Monetary Fund Managing Director Christine Lagarde meets with women leaders, January 2016 in Douala, Cameroon. 
IMF Staff Photo/Stephen Jaffe

Finance

News

IMF increasing its influence in sub-Saharan Africa

As the world economy continues to stutter, many sub-Saharan African countries are turning to the Fund for financial support, though the Funds are coming with strict conditions to restrict spending.

23 September 2016
Casas Maasai en la región de Morogoro, Tanzania. Foto: IWGIA

Rights

Analysis

World Bank turns its back on pastoralist communities in Africa

The World Bank has granted a waiver of its indigenous peoples policy for a project in Tanzania, raising concerns about impact on indigenous communities and lack of consultation.

23 September 2016 | Guest analysis
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Other news

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

Finance

News

Taxes rise in Ghana as IMF loan approved

The IMF has approved the third disbursement of a loan agreement to Ghana, however, concerns were raised regarding associated tax rises.

5 April 2016

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
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