View all articles

News

Civil society groups call for the World Bank to stop financing fossil fuels outside its 2019 Annual Meetings in October

Environment

News

EIB rules out most fossil fuel funding from 2021, setting new benchmark for MDBs

New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.

12 December 2019
The IMF's managing director Kristalina Georgieva, among others, at a seminar entitled, 'Can Central Banks Fight Climate Change' during the 2019 IMF Annual Meetings.

Environment

News

IMF joins discussion on greening financial sector, as climate risks threaten macro-stability

Fund and central banks increasingly pondering macroeconomic policies to tackle climate risks.

12 December 2019

Finance

News

New IMF head applauds Trumps tax reforms

IMF managing director hints at change to corporate tax agenda and softened relationship with US administration

12 December 2019

Conditionality

News

Uprising and discontent: Global protests erupt against IMF-backed policies

From Latin America to North Africa and the Middle East, governments experience backlash against IMF loan programmes and policy recommendations.

12 December 2019

Environment

News

Links between Amazon deforestation and World Bank exposed

IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.

3 October 2019

Rights

News

Tunisia Commission seeks reparations for human rights violations from IMF and World Bank

Bretton Woods Institutions found to share responsibility for social unrest leading to serious human rights violations.

3 October 2019

IFI governance

News

Board decision could signal “vote of no confidence” in Inspection Panel

CSO fear World Bank board will compromise, undermining Inspection Panel powers.

3 October 2019

Finance

News

Why did the IMF fail to take pre-emptive measures in Argentina?

Effectiveness of IMF’s approach questioned, as Argentina undergoes technical default.

3 October 2019
View all articles

Other news

IFI governance

News

Accountability Counsel launches key tool for accountability community

Accountability Console provides complete database of Independent Accountability Mechanism complaints.

12 December 2019

IFI governance

News

US blocks IMF voting righs redistribution

Fund’s 15th review of quotas delayed as US blocks redistribution of voting rights.

12 December 2019

Accountability

News

IFC accountability mechanism investigates World Bank-funded for-profit schools

CAO initiates investigation following complaint related to IFC-funded Bridge International Academies in Kenya.

12 December 2019

Accountability

News

Civil society urges US Congress to hold IFC accountable before approving capital increase

CSOs express concerns at congressional hearing about pending IFC capital increase.

12 December 2019

Land

News

World Bank, IMF and EBRD push for controversial land reform in Ukraine

Ukraine passes contentious draft land reform law under pressure from World Bank, IMF and EBRD.

12 December 2019

Infrastructure

News

EIB's draft energy plan proposes ending finance for fossil fuels after 2020

Move comes after concerted civil society campaign calling for ‘fossil-free EIB’.

3 October 2019

Land

News

Guinean communities’ complaint against IFC-financed bauxite mine enters dispute resolution

CAO convenes process after February complaint alleged land grabbing, negative livelihood impacts.

3 October 2019

Rights

News

World Bank China project raises 'crimes against humanity' concerns

Bank responds to allegations with investigation into whether its China lending could be going to internment camps.

3 October 2019
View all articles