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South Asia

Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka. read more background...

Items 1 to 10 of 83

Indian NGO faults IFC energy project

News|Bretton Woods Project|8 April 2013|update 85|url

A November field study by Indian NGO the Research Collective has found that an International Finance Corporation (IFC, the Bank's private sector arm) supported coal-power plant run by GMR Kamalanga Energy Limited (GKEL), financed through a financial intermediary, has caused water pollution in the Odisha region. read article...

IMF "onslaught" on Pakistan's economy

News|Bretton Woods Project|13 February 2013|update 84|url

Pakistan must radically change its economic strategy, and raise Rupees 360 billion ($3.67 billion), 1.5 per cent of its GDP, before the Fund will agree to a new programme. read article...

Pakistani PM's son-in-law new World Bank ED

News|Bretton Woods Project|13 February 2013|update 84|url

The Pakistani prime minister Raja Pervaiz Ashraf controversially appointed his son-in-law Raja Azeemul Haq as World Bank executive director (ED) in December replacing current ED Javed Talat whose term had expired. read article...

Pakistan loan talks despite debt cancellation calls

News|Bretton Woods Project|6 December 2012|update 83|url

Talks between the IMF and Pakistan under post-programme monitoring resumed in September. Despite confidence amongst Pakistan officials in their country's capacity to repay its loans, the IMF fears the need for a second loan early next year read article...

World Bank back in on Padma bridge project?

News|Bretton Woods Project|2 October 2012|update 82|url

The World Bank has decided to reengage with Bangladesh's Padma bridge project after it suspended its promised $1.2 billion loan last year over allegations of corruption in the consultant selection process read article...

World Bank rejected by Indian NGOs

News|Bretton Woods Project|3 July 2012|update 81|url

An early June statement from 26 social movements and NGOs in India have called the World Bank's plans for civil society consultation on the Bank's country assistance strategy (CAS) for India a "farce". read article...

IFIs must "engage with the Burmese people"

News|Bretton Woods Project|5 April 2012|update 80|url

Civil society groups from Burma have written to the heads of the IMF and World Bank requesting that the IFIs involve grass roots actors in their newly revived activities in Burma and that their operational policies "guarantee maximum transparency, accountability, social inclusiveness and safeguards". read article...

World Bank's land policies under fire

News|Bretton Woods Project|5 April 2012|update 80|url

In February about 200 people from across Asia demonstrated outside the World Bank office in Bangkok to highlight the failure of the Responsible Agricultural Investment (RAI) principles, co-authored by the Bank, to protect small farmers read article...

Nepal climate loans: an injustice

Comment|Keshab Thapa|18 November 2011|update 78|url

The Pilot Programme for Climate Resilience (PPCR), part of the World Bank-housed Climate Investment Funds (CIFs), intends to provide frameworks for integrating climate resilience in national development planning of climate vulnerable countries. The Bank acts as trustee, secretariat and one of the implementing agencies of the CIFs. The PPCR offers recipient countries a mix of grants and loans for climate adaptation projects. read article...

No fairy tale Singrauli, India, still suffering years after World Bank coal investments

Report|Ama Marston|18 November 2011|url

As debates continue at the World Bank about its lending for new coal-fired power plants, residents of the Indian district of Singrauli, the country's coal capital, still live with the lasting social and environmental impacts of decades of coal-related projects and ask why the Bank has never returned to fully address what has been left in the wake of its investments in the region. read article...

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Recent briefings & reports

Climate Investment Funds Monitor 7: April 2013  25 April 2013

Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience  24 April 2013

The UK's role in the World Bank and IMF: Department for International Development and HM Treasury  13 March 2013

World Bank on jobs: a "significant departure" or "business as usual"? 13 February 2013

The World Bank and industrial policy: Hands off or hands on? 6 December 2012

Climate Investment Funds Monitor 6: October 2012   26 October 2012


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