View all articles

World Bank Group

Finance

Analysis

World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

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.

16 July 2020

Infrastructure

Analysis

World Bank must ensure new Africa energy strategy is inclusive and pro-poor

The Bank’s new Africa energy strategy offers it an important chance to mainstream achieving SDG7 into its energy lending on the continent.

16 July 2020 | Guest comment

Rights

Analysis

Fears of lawsuits at World Bank’s tribunal constrain efforts to fight pandemic

Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.

16 July 2020

IFI governance

News

“Godmother of austerity” appointment to World Bank chief economist post

Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.

16 July 2020

Accountability

News

CSOs raise concerns about conflict of interest related to World Bank technical assistance loan in Guyana

Law firm contracted under World Bank technical assistance apparently backs out after CSOs expose links to ExxonMobil.

16 July 2020
Kasimba Prinary School, Mpanda District, Katavi Region, Tanzania. August 2019.

Social services

News

The World Bank, Covid-19 and public education: two steps forward one step back

World Bank’s new report on education and Covid-19 contrasts with IFC announcement on freezing private school investments.

16 July 2020

Rights

News

IFC denies responsibility for community harms following CAO’s Guatemala dam investigation

IFC denies responsibility for harms to the community in dam case despite investigation findings.

16 July 2020
View all articles

Other news

Rights

News

Concerns over labour rights resurface in IFC's Covid-19 response

Joint letter to IFC chief executive officer raises questions on worker protections.

16 July 2020

Land

News

IMF and World Bank help push through contentious Ukraine land reform amid Covid-19 pandemic

Bank and Fund-backed land bill passed in dead of night during lockdown favouring private investors and Western agribusiness.

16 July 2020

IFI governance

News

IFC CEO announces planned retirement

Philippe Le Houérou will depart 1 October, after joining IFC in 2015.

16 July 2020

Accountability

News

Long-awaited accountability reforms announced by World Bank board

World Bank board announces Inspection Panel reform package to a mixed reception

7 April 2020

Rights

News

Civil society launches framework to assess human rights impact of health privatisation

CSO framework evaluates consequences of private sector activity on right to health.

7 April 2020

Finance

News

World Bank pandemic bond instrument fails in COVID-19 response

World Bank's ‘innovative’ health financing instrument proved to be slow and late.

7 April 2020

IFI governance

News

Accountability Counsel launches key tool for accountability community

Accountability Console provides complete database of Independent Accountability Mechanism complaints.

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
View all articles