An official assessment of the Bank’s compliance with its indigenous peoples (IP) operational directive confirms criticisms by indigenous peoples’ organisations that the Bank’s record is deficient. The Bank’s IP directive was applied in just 62 percent of the 89 projects that affected IPs. The Operations Evaluation Department report said “the process of determining which groups are covered by the Bank’s IP policy is in urgent need of clarification”. The Bank will soon release another draft of its revised directive, at the same time as a more in-depth evaluation. Finalisation of the directive is now expected in October.
World Bank & IMF in the news
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.