Forest Peoples’ Programme has produced three new briefings on World Bank policy reformulation processes (see previous Bretton Woods Updates). They cover the Indigenous Peoples’ Policy, Forest Policy, and general policy reformatting issues. The briefings state that “despite assurances from the Bank that its safeguard policies are not being diluted, NGOs are finding disturbing evidence of policy weakening”.
EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.
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Established in 1995, the Bretton Woods Project (BWP) is a civil society watchdog of the International Monetary Fund and World Bank. By monitoring the work of these institutions, supporting and connecting critical civil society communities, and advocating for transformational change, the Project challenges their power and fights for the development of policies that are gender transformative, equitable, environmentally sustainable and consistent with international human rights norms.