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

Private Sector

News

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.

6 December 2017

Private Sector

News

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.

31 January 2017

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

Private Sector

Background

Why impact investments can be an effective tool for social development

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

18 April 2017 | Minutes

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