Articles & resources
Critical voices on the World Bank and the IMF
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Turmoil at World Bank’s CAO highlights need for reform of accountability processes
Concerns about independence, effectiveness and credibility of accountability processes at the World Bank are mounting, with civil society releasing a new letter calling for IFC and MIGA’s Sustainability Framework review to reflect best practices and international standards.
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World Bank accountability mechanisms merger: The decision is made – now comes the hard part
As Bank announces merger of institution’s independent accountability mechanisms, civil society remains concerned about new entity’s independence.
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Enabling remedy strategies for the effective implementation of IFC’s interim Remedial Action Framework
This session discussed the IFC’s Interim Approach to Remedial Action (RAF), the first such remedy framework by a major DFI.
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Civil society engagement under the IMF’s CSO guidelines
This Inside the Institutions examines the IMF’s review of its civil society engagement guidelines in the context of increasing programme scrutiny.
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CAO investigates IFC’s involvement in contentious cable car project in Nepal
The complaint alleges the project breached IFC’s safeguards on Indigenous rights, cultural heritage and biodiversity.
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Joint CSO letter calls for IMF to strengthen consultation and accountability
Over 100 CSOs urge the Fund to strengthen consultation practices and adopt binding standards to improve accountability.
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World Bank establishes task force to evaluate merger of its independent accountability mechanisms
Task force is expected to hold public consultations and establish a ‘reference group’ early in 2026.
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CAO closure of Tata Mundra case sends chilling message to project-affected communities in search of justice
Tata Mundra communities left without justice or remedy as CAO closes the case, exacerbating concerns about lack of accountability in IFC-financed projects.
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A potential integration of the World Bank and IFC/MIGA accountability mechanisms: How can we ensure complainants’ best interests?
This CSPF panel explored the potential and implications of merging the World Bank Group’s independent accountability mechanisms
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IFC Sustainability Framework Review: Overlooking structural issues
Constrained by the shareholders’ focus on returns over financial risk, IFC prioritises safe markets and leverage, often crowding out private finance instead of providing patient capital for development.
