The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.
World Bank Group
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
The Bank’s new Africa energy strategy offers it an important chance to mainstream achieving SDG7 into its energy lending on the continent.
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.
Law firm contracted under World Bank technical assistance apparently backs out after CSOs expose links to ExxonMobil.
World Bank’s new report on education and Covid-19 contrasts with IFC announcement on freezing private school investments.
IFC denies responsibility for harms to the community in dam case despite investigation findings.
Joint letter to IFC chief executive officer raises questions on worker protections.
Bank and Fund-backed land bill passed in dead of night during lockdown favouring private investors and Western agribusiness.
Philippe Le Houérou will depart 1 October, after joining IFC in 2015.
World Bank board announces Inspection Panel reform package to a mixed reception
CSO framework evaluates consequences of private sector activity on right to health.
World Bank's ‘innovative’ health financing instrument proved to be slow and late.
Accountability Console provides complete database of Independent Accountability Mechanism complaints.
CAO initiates investigation following complaint related to IFC-funded Bridge International Academies in Kenya.