Private sectorWorld Bank private sector work; the privatisation of state-owned enterprises, and Involvement of transnational corporations in IFI projects. Includes: Work of the International Finance Corporation (IFC) / Multilateral Investment Guarantee Agency (MIGA) / International Court for the Settlement of Investment Disputes (ICSID), Private sector development strategy, privatisation of services, corporate social responsibility, TNC involvement. read more background... Items 1 to 10 of 406IFIs admit failure to put jobs at the centreWhile the International Labour Organization (ILO) warns of social unrest coming from record unemployment, the IMF and World Bank are being criticised for hindering workers rights and not putting jobs at the centre of recovery. read article... Despite evidence, World Bank still promoting water privatisationBank-funded private water projects across the world are facing serious problems due to financial, socio-political and operational concerns, but recent trends show that more such projects are coming up in the name of innovative approaches. read article... World Bank manoeuvres to influence climate finance debates
As the next round of global climate negotiations approaches, the World Bank advocates the use of private sector finance for climate change adaptation and mitigation, and pushes multilateral development banks as delivery mechanisms. read article... IFC accused of standards breach over Ugandan land grabA September report by NGO Oxfam International includes criticism of forestry operations in Uganda in which the World Bank's private sector arm, the International Finance Corporation (IFC), has a stake. read article... MIGA expands its roleThe Multilateral Investment Guarantee Agency (MIGA), the World Bank's political risk insurance arm, foresees continued growth, and has expanded its remit. read article... No fairy tale Singrauli, India, still suffering years after World Bank coal investmentsAs 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... Bank's procurement rules "rigid"The UK House of Commons International Development Committee (IDC) has expressed concerns that “when bidding for infrastructure projects, local contractors often do not stand a chance against international bidders, partly due to rigid rules used by multilateral development banks (MDBs) such as the European Union (EU) and the World Bank. ” read article... Climate Investment Funds Monitor October 2011The Climate Investment Funds (CIFs) are financing instruments designed to pilot low-carbon and climate-resilient development through the multilateral development banks (MDBs). They are comprised of two trust funds - the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF). read article... CSO Roundtable with Lars ThunelNotes of a meeting, Washington DC, 21 September 2011 read article... World Bank-IMF annual meetings 2011Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2011. This page is being updated regularly. read article... |
Articles: 3342 Related itemsRecent briefings & reports
No fairy tale: Singrauli, India, still suffering years after World Bank coal investments 18 November 2011
Climate Investment Funds Monitor: October 2011 27 October 2011
A faulty model?: What the Green Climate Fund can learn from the Climate Investment Funds 21 June 2011
The role of the World Bank in carbon markets 4 February 2011
Update on the Climate Investment Funds: February 2011 summary 4 February 2011
Out of sight, out of mind?: IFC investment through banks, private equity firms and other financial intermediaries 22 November 2010 ResourcesCampaigners call for halt to Anglo debt re-payments 18 January HLP report, MDB Action Plan, Bank strategy 2 January CAO audit Peru 2011 2 December Power to the people? 2 December No soil carbon markets 22 November G20 climate finance report 14 November Report on Turkish CTF 14 November DFID's role in building infrastructure in developing countries 7 October Statement by Global Unions to the 2011 Annual Meetings of the IMF and World Bank Washington 23 August Newswire |
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