CAO audit finds IFC failed to identify gaps in project’s social and environmental assessment, while communities impacted by the project face impacts on water source, livelihoods and levels of violence.
BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.
UN Independent Expert publishes two reports on the World Bank and IMF human rights performance, finding the institutions must be more than a "fig leaf" for the status quo and step up their human rights commitments.
IMF agrees to conditional participation in new Greek loan package and demands that the government maintains the suspension of collective bargaining despite rising inequality and decrease in wages.
IMF’s Independent Evaluation Office published evaluation on IMF and social protection and found that the IMF’s targeting approach does not ‘mesh well’ with UN’s human-rights-based approach.
March IMF policy paper advocates liberalisation and lowering of labour market protections although makes case for stimulus when there is 'available fiscal space'. World Bank displays inconsistent labour policy implementation. IMF U-turn on advice regarding Germany’s introduction of minimum wage.
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.
A CSO report has found that the World Bank’s development policy lending is supporting incentives for fossil fuels in Egypt, Indonesia, Mozambique and Peru.