Bretton Woods Update No.78 November/December 2011PDF version | text version | versión en español World Bank manoeuvres to influence climate finance debatesNews|21 November 2011 
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... Beyond repair? Bank lobbies for carbon marketsNews|21 November 2011 As the UN climate summit in South Africa looms large, the World Bank is lobbying G20 countries to resuscitate shrinking carbon markets through controversial new measures, including using public climate finance to stimulate demand and integrating soil and forest carbon into market mechanisms. read article... New reports question World Bank's coal investmentsNews|18 November 2011 As the November Durban climate talks approach, the World Bank continues to be overshadowed by past and prospective loans for fossil-fuel power plants. read article... Nepal climate loans: an injusticeComment|18 November 2011 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... World Bank's gender WDR: too little, too late?News|18 November 2011 The World Bank's flagship annual publication pushes gender equality up to the Bank's agenda, but critics express concern about its implementation and unwillingness to consider gender as a women's rights issue. read article... IMF plays "second fiddle" as governments fall in the eurozoneNews|18 November 2011 As the eurozone debt crisis escalates and protests multiply, the IMF increasingly appears side-lined. Italy's calling in of the Fund for "verification" of implementation of its EU-agreed austerity package symbolises the limits of its influence and resources. read article... Country classificationsInside the inst|18 November 2011 A state's relationship with the IFIs and the type of assistance it receives is determined by its country classification. Some crucial types of classifications are: the World Bank's operational lending categories; the Bank's analytical categories used in the World Development Report; the IMF's operational and analytical categories, the IFC's frontier market category; the Bank's fragile state category; and the distinctions used by the Bank and IMF in deciding on and reporting success in governance reforms. read article... Capital controls: IMF gradual change of heart continues?News|18 November 2011 The G20 released its conclusions for how countries should manage capital flows, while internal papers suggest the IMF’s slow moves to accept national regulations on international capital flows continues. read article... IMF's focus on austerity proved "wrong, wrong, wrong", say criticsNews|21 November 2011 While Christine Lagarde and staff at the Fund begin to acknowledge that too much austerity is risking jobs and growth and civil society groups call for an end to IFIs policy conditions, IMF programmes continue to promote fiscal retrenchment. read article... Despite evidence, World Bank still promoting water privatisationNews|21 November 2011 Bank-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... Little currency for global money?News|18 November 2011 While the G20 postponed decisions on issuing new special drawing rights (SDRs), the IMF-managed international reserve asset, the IMF completed its surveillance review and a new Fund report tackled the thorny issue of global imbalances. read article... IFIs admit failure to put jobs at the centreNews|21 November 2011 While 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... IFC accused of standards breach over Ugandan land grabNews|18 November 2011 A 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... Other stories in this issue
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Update issues
No.82, Sep/Oct 2012 | PDF
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 Newswire |
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