A case filed by communities in India has prompted the first internal probe of the International Finance Corporation (IFC), the Bank’s private sector arm, for its lending through financial intermediaries, highlighting concerns about the transparency and effectiveness of this lending.
European Investment Bank (EIB)
Accountability
Analysis
Conference summary: Private Sector Turn
On November 22nd 2010, CounterBalance and the Bretton Woods Project hosted a conference in London on "The Private Sector Turn" - the increasing shift from public to private funding in development finance, the forms it takes and what it means for activists and affected people. What follows is a summary of the day's proceedings.
Infrastructure
Background
Private sector investment in energy lending and climate finance
Meeting notes of 'Private sector investment in energy lending and climate finance'
Finance
News
Speakers: The Private sector turn: private equity, financial intermediaries and what they mean for d
The list of speakers and short bios for the "Private sector turn: private equity, financial intermediaries and what thye mean for development" conference in London, 22 November 2010
Rights
News
Logistics: The private sector turn: Private equity, financial intermediaries and what they mean for
Logistical information for the "The private sector turn" conference in London, 22 November 2010.
Rights
News
The private sector turn: Private equity, financial intermediaries and what they mean for development
A one day conference on 22 November in London. It will focus on the recent expansion of private sector lending within development finance. Looking particularly at the private sector portfolio of international financial institutions and the role of private equity funds and financial intermediaries. The conference will be followed by a strategy day to coordinate future work and action.
Rights
News
Agenda: The Private Sector Turn: Private equity, financial intermediaries and what they mean for dev
The agenda for the "The Private Sector Turn: Private equity, financial intermediaries and what they mean for development" conference in London, 22 November 2010.
Conditionality
News
Conference: The Private Sector Turn
A one day conference on 22 November in London focusing on the recent expansion of private sector lending within development finance. Looking particularly at the private sector portfolio of international financial institutions and the role of private equity funds and financial intermediaries. The conference will be followed by a strategy day to coordinate future work and action.
Environment
Analysis
Climate Investment Funds Monitor 1
Donors have pledged $6.2 billion to the World Bank hosted Climate Investment Funds (CIFs) making them big players in current climate finance. The last three months have seen the Scaling Up Renewable Energy programme launched, new country investment plans endorsed by the Clean Technology Fund, and pilot countries selected for the Forest Investment Programme. A discussion paper, commissioned by the CIFs Administrative Unit has begun to look at lessons that can be learnt and incorporated in the rol
Environment
News
Leaky logic: dams in three countries questioned
Recent reports have raised new questions about the impacts of World Bank-funded dams in Uganda and Laos, while in Mozambique the World Bank will likely be approached to fund another controversial project likely to be spearheaded by China
Infrastructure
News
More fossil fuels and faith in the private sector
As part of its commitment to solve the global problems of energy poverty and climate change, in late March the World Bank and the European Investment Bank launched the Carbon Fund for Europe. However the Bank’s recent Implementation of the Management Response to the Extractive Industries Review 2006 reveals an alarming rise in its fossil fuel operations and show that little progress has been made on its environment and development indicators.
Rights
News
Bank directors bound by rights obligations
A report by a coalition of German NGOs finds that Germany extra-territorial obligations extend to its role in multilateral development banks.