Compliance Advisor/Ombudsman

Mundra coal-fired power plant at Mundra, Gujarat, India. Credit Nizil Shah

Accountability

News

US Supreme Court to hear case challenging IFC’s claim to absolute immunity

Court's decision on IFC’s legal immunity in the Tata Mundra coal-fired power plant case will set important precedent

26 July 2018

IFI governance

Background

Financing development through financial intermediaries: Exploring best practices in transparency

Notes from the 19 April Civil Society Policy Forum session on financing development through financial intermediaries at the World Bank and IMF Spring Meetings.

19 April 2018 | Minutes

Infrastructure

News

IFC takes its first steps to address Bujagali dam complaints

IFC announces preliminary measures to address CAO complaints regarding Uganda's Bujagali dam, as project receives WBG refinancing boost.

24 July 2018

Accountability

News

CAO accepts complaint related to MIGA guarantee for TANAP

Complaint is latest in a series of environmental & social concerns raised about Southern Gas Corridor

4 April 2018

IFI governance

Background

Big Shift: How can the Development Banks align with the Paris Agreement?

Notes from the 18 April Civil Society Policy Forum session on aligning multilateral development banks with the Paris Agreement at the World Bank and IMF's Spring Meetings.

18 April 2018 | Minutes

IFI governance

Analysis

Spring Meetings 2018 Preamble: Despite favourable growth trends, World Bank and IMF's attempts to tackle debt and inequality remain elusive

On the ten-year anniversary of the financial crisis, the World Bank and IMF have much to ponder ahead of the upcoming 2018 Spring Meetings.

11 April 2018

Rights

News

AIMM: Will IFC hit rights-based development target?

CSOs call on IFC to ensure new AIMM development impact framework includes human rights-based methodology and applies to entire portfolio.

27 March 2018

Knowledge

Background

Recommended resources on the World Bank and IMF: 2017

The Bretton Woods Project's selection of the best books, reports and other resources on the World Bank and IMF from 2017.

26 January 2018 | Resource

Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.

8 December 2017 | At Issue

Rights

News

CAO released damning audit of IFC hydro project in Guatemala

CAO audit finds IFC failed to identify gaps in project’s social and environmental assessment, while communities impacted by the project face impacts on water source, livelihoods and levels of violence.

7 December 2017

Environment

News

Landmark climate-change complaint against IFC lodged in Philippines

The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).

6 December 2017

Finance

News

IFC to revisit its development outcomes framework

Civil society seeks to input into IFC's new development outcomes framework.

6 December 2017