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Private Sector

Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

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.

8 December 2017 | At Issue

IFI governance

Background

Measuring impact – an overview of IFC’s new approach to measuring development impact

Notes on the IFC's new approach to measuring development impact at the Civil Society Policy Forum 2017, 10 October.

10 October 2017 | Minutes

Land

Analysis

IFC investments implicated in land grabs in Africa

IFC investments through financial intermediary investments linked to land grabs and displacement in Africa. CSOs critique proposed changes to IFC lending policies.

3 July 2017

Finance

Analysis

Development to the rescue of finance – the Bank’s 'cascade' approach

World Bank unveils cascade concept that privileges private over public finance. De-risking in order to attract private sector investments threatens to shift risks to public sector and result in third wave of privatisation.

3 July 2017

IFI governance

Analysis

IFC 3.0: superficial upgrades, same problems?

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.

7 April 2017

Finance

News

CSOs refuse to participate in World Bank PPP consultation

CSOs have refused to participate in a World Bank PPP consultation until transparency and accountability concerns are addressed.

6 April 2017
Assam tea worker credit: Rajan Zaveri

Rights

Commentary

World Bank continues colonial legacy on Assam’s tea plantations

CAO report validates 2013 complaint by Indian NGOs on IFC investment in colonial tea plantation in Assam. The IFC's action plan is very limited in scope.

31 January 2017 | Comment

Finance

Analysis

Development finance institutions and responsible corporate tax behaviour

Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.

10 November 2016 | Report

Other news

Private Sector

News

6 December 2017

CSOs call on World Bank to halt its aggressive support of PPPs

152 CSOs call demand World Bank halt its aggressive support of PPPs, publicaly recognise their significant risks.

Private Sector

Background

18 April 2017 | Minutes

Why impact investments can be an effective tool for social development

Notes of spring meeting session on impact investments, 18 April.

Private Sector

News

31 January 2017

World Bank arbitration mechanism ICSID rules in favour of El Salvador

ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.

Private Sector

Background

5 October 2016 | Minutes

Examining the IFC’s climate and forest footprint in its financial sector investments

Notes from a side event at the IMF/World Bank 2016 annual meetings on how the World Bank Group can ensure that its financial intermediary investments are consistent with its forest and climate commitments.

Social services

Background

4 October 2016 | Minutes

PPP civil society strategy session

Notes from a PPP civil society strategy session taking place during the week of the World Bank/IMF annual meetings 2016.

Private Sector

News

10 February 2016

New CAO Kamalanga report: five years of IFC non-compliance

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.

Infrastructure

News

29 September 2014

New briefing: Multilateral Development Banks' unburnable carbon

Bretton Woods Project has published a briefing examining five MDBs' fossil fuel investments and exposure to the carbon bubble.

Rights

News

29 September 2014

CAO to assess two new Dinant complaints

The Compliance Advisor Ombudsman will assess two new complaints related to the IFC's controversial investment in Honduran palm oil company Dinant.