World Bank’s involvement in the Global Environment Facility and Green Climate Fund trust funds criticised.
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World Bank’s procurement policy review continues
In November 2013 the World Bank board approved a proposed new framework on procurement for its clients.
Safeguards review neglects people with disability, children
Civil society organisations has highlighted that the critical needs of people with disabilities and children are not being addressed by the World Bank’s safeguards review.
IFC fails to act on human rights abuses in Honduras
IFC accountability mechanism formally links World Bank client to human rights abuses on palm oil project in Honduras, and highlights systemic problems with IFC procedures.
Nigeria forced evictions case before Inspection Panel
A case of forced evictions in the Nigerian city of Lagos has been submitted to the World Bank’s Inspection Panel.
US Congressional legislation threatens IMF and World Bank plans
US legislature’s spending bill blocks IMF governance reform, insists the World Bank pay reparations to communities that suffer human rights abuses, and bans US support for large dams or extractive projects in tropical forests.
World Bank infrastucture support: “finance as extraction”
While India is pushing for the World Bank’s Global Infrastructure Facility, the US voted against IFC support for a Saudi Arabian corporation linked to coal power and an Inspection Panel case was registered for a Nepal power transmission project. Concerns were also raised on infrastructure projects in India, Nepal and Burma.
IMF & gender: a long way to go
This briefing analyses the recently published IMF discussion note Women, work and the economy and draws some positive conclusions from its recommendations, whilst pointing to additional measures that the IMF can take to promote gender equity.
IMF conditionality and its discontents
A new study shows a significant worldwide pattern of protests targeting the IMF, reflecting the increase in IMF influence through loan programmes with austerity conditions attached and indirect pressure on governments.
Kenya evictions: foreshadowing future World Bank forest work?
Indigenous peoples have been evicted from their forests by a conservation project in Kenya funded by the World Bank. The Bank is currently drafting a new forests action plan.
IMF influence in Europe weakening?
As eurozone crisis countries, such as Ireland, complete their loan agreements with the IMF and European lenders, the IMF looks to amend rather than end its role in Europe. Meanwhile, a European parliamentary committee is examining the lending agreements and questioning their efficacy and lack of transparency.
World Bank strategy: untested innovation or more of the same?
The new World Bank Group strategy moves into the implementation stage with changes to country planning and internal structure, but critics say that little will change.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
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.