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World Bank Group

Finance

Analysis

G20 debt proposal continues to favour creditors

New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.

14 December 2020

IFI governance

Analysis

Gambling with our lives: Global emergencies expose consequences of decades of IMF and World Bank policies

Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.

14 December 2020 | At Issue

Rights

Analysis

World Bank reparations demanded for murder of frontline South African anti-coal activist

Community demands reparations from World Bank for murder of South African environmental activist Fikile Ntshangase for opposing the Tendele coal mine initially financed by IFC.

10 December 2020 | Guest analysis

IFI governance

Analysis

Biden, the Bank and IMF: A break with ‘America first’ or its continued pursuit through multilateral means?

The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.

10 December 2020

Rights

News

Unions raise alarm over alleged retaliatory firing at IFC-financed Guinea hotel

IFC accused of violation of performance standards after alleged retaliatory action against workers.

10 December 2020

Finance

News

First gathering of world’s public development banks fails to deliver concrete commitments

World Bank and other MDBs fail to sign on to general declaration as multilateral leadership on solutions to climate, debt and inequality crises remains inadequate.

10 December 2020

Environment

News

Eni files ICSID arbitration request linked to controversial Nigeria oil deal

Case continues troubling trend of increased ISDS claims from fossil fuel industry.

10 December 2020

IFI governance

Analysis

Annual Meetings 2020 Wrap Up: Bank and Fund struggle to implement sustainable recovery as private sector dashes hopes of debt relief progress

The rising power of the private sector has undermined debt justice and much-needed pandemic response capacity, while IFIs' calls for sustainable recovery at the Annual Meetings fall flat.

21 October 2020
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Other news

Environment

News

World Bank cancels Bisri dam project in Lebanon after years of community resistance

Environmental groups and activists claim victory after years of campaigning.

10 December 2020

IFI governance

News

Delays in Inspection Panel eligibility decision in Nepal risk “irreversible damage”

Panel yet to rule on case filed in April despite receiving consultant's report.

10 December 2020

Environment

News

IFC’s first Green Equity Approach client backs Indonesian coal plant expansion

CSOs call for IFC to close remaining loopholes in Green Equity Approach, after equity client chosen to pilot the initiative makes investment in coal plant expansion in Indonesia.

10 December 2020

IFI governance

News

New CAO vice president urged to fight for CAO independence

Civil society call on newly appointed CAO vice president to safeguard CAO’s independence and fight for full implementation of recent external review of IFC and MIGA accountability framework.

10 December 2020

IFI governance

News

World Bank and IMF delay Morocco’s hosting of Annual Meetings until October 2022

Marrakesh was due to host 2021 meetings prior to announcement.

10 December 2020

Finance

Background

Who can borrow from the World Bank?

The different arms of the World Bank Group lend money to developing countries and private enterprises.

10 December 2020 | FAQ

Environment

News

MIGA considering support for Guinea’s Nimba mining project in UNESCO heritage site

The Mount Nimba nature reserve has been listed as a World Heritage site since 1981 but classified as "in danger" since 1992, in part due to the threat of iron-ore mining.

6 October 2020

Social services

News

World Bank abandons pandemic bond instrument after disastrous Covid-19 response

World Bank’s pandemic bond instrument scrapped after high visibility Covid-19 failure

6 October 2020
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