The Pilot Program for Climate Resilience (PPCR) has expanded with ten countries despite a lack of funds. The US questioned the approval of a Bolivia project and resettlement issues were raised on two Cambodia projects.
Analysis
Environment
Analysis
Forest Investment Program (FIP)
Six new countries were invited to join the Forest Investment Program (FIP), with a further nine invited to develop investment plans, despite insufficient funds. Potential support for oil palm plantations in Democratic Republic of Congo and industrial logging in Indonesia and Peru were questioned.
Environment
Analysis
Scaling Up Renewable Energy Program (SREP)
Concerns have been raised about the slow progress with the Scaling up Renewable Energy Program in Low Income Countries (SREP). Ghana, Haiti and Nicaragua's investment plans were approved, with questions asked about the loan/grant ratio, promotion of PPPs, and reliance on funding from the Green Climate Fund.
IFI governance
Analysis
Annual meetings 2015: communiqués coverage
Analysis of the official communiqués from the 2015 World Bank-IMF annual meetings, Lima.
IFI governance
Analysis
World Bank-IMF annual meetings 2015
Bretton Woods Project coverage of the 2015 annual meetings in Lima with links to analysis of the communiqués and notes of key civil society and official meetings.
Social services
Analysis
Throwing evidence to the wind? The World Bank continues pushing PPPs
The World Bank continues its strong marketing push for PPPs, despite concerns raised by IMF, IEG, civil society and the Bank’s own publications.
Trade
Analysis
Corporate bias at the World Bank Group
This briefing finds significant bias in favour of corporations and commercial interests in the main venue for settlement of legal cases brought by corporations against governments: the World Bank’s International Centre for Settlement of Investment Disputes (ICSID).
Social services
Analysis
Lagos public water advocates call for democracy, not World Bank-supported “enlightenment”
Shayda Naficy argues that water infrastructure and distribution should be financed and managed by public entities rather than through privatisation.
Conditionality
Analysis
Greece: IMF fails to learn own "lesson on the economic impact of austerity”
IMF has been criticised for undermining negotiations between Greece and other creditors and ignoring the results of a democratic referendum.
Environment
Analysis
Climate of controversy
Despite efforts to boost its influence within climate finance circles and a call to “decarbonise development”, the World Bank continues to support fossil fuels.
Gender
Analysis
Response to World Bank's gender strategy
A joint NGO submission to the World Bank's gender strategy consultation.
Rights
Analysis
Risky business: IFC reluctant to disclose information on high-risk subprojects
Civil society continues to pressure IFC on disclosure of high risk subprojects, as it responds to a critical report detailing the human rights consequences of its investments.
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IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.