Shareholder governments have agreed an $86.2 billion boost to the capital that guarantees the lending of the International Bank for Reconstruction and Development (IBRD, the World Bank's middle-income country lending arm).
IBRD
IFI governance
Analysis
Analysis of World Bank voting reforms
The World Bank will continue to be overwhelmingly dominated by rich countries, which stunts its legitimacy and limits its capacity to serve the interests of developing countries.
IFI governance
News
World Bank-IMF spring meetings 2010
Analysis of governance reforms and other decisions made at the 2010 World Bank and IMF spring meetings
Environment
Commentary
Eskom loan blackens the World Bank's name
The World Bank, Business Unity South Africa and the African National Congress got their way with a major loan for Eskom, the national power authority, despite broad based opposition from local people, the poor, community organisations, the churches, unions, and environmental and social justice NGOs locally and globally.
Social services
News
IEG: World Bank neglects most water-deprived countries
A recent report by the World Bank's Independent Evaluation Group (IEG) finds the Bank's water lending to be overlooking the most water-stressed countries.
IFI governance
News
Bank voting remains unbalanced
Small shifts in voting power at the World Bank are expected to be formally agreed at April's spring meetings, leaving high-income countries holding almost 60 per cent of the vote, with further reform put off until 2015. Meanwhile the Bank is expected to receive a smaller capital increase than it sought, which could push lending back to pre-crisis levels.
Finance
News
IMF changing its mantra?
After four decades of promoting policies of targeting very low inflation rates and unfettered capital flows, the global financial crisis has prompted new debate over IMF ideology.
IFI governance
News
World Bank-IMF annual meetings 2009
Analysis, news, and about the events inside and around the World bank/IMF annual meetings 2009. This page is being updated regularly.
Environment
News
Business as usual?
The World Bank's planned energy strategy review focusses on energy access for the poor and environmental sustainability, but NGOs fear it will justify continued fossil fuel finance.
IFI governance
News
Bank's $100 billion annual lending plan
The progress report for G20 finance ministers said that World Bank lending was projected to reach $100billion annually by 2011, which compares to current annual overseas development assistance aid from all donors of$120 billion.
Finance
News
Record World Bank lending
In June, the World Bank announced record levels of lending with much of the funding for infrastructure projects, where the Bank's record has been particularly controversial.
IFI governance
News
World Bank-IMF spring meetings 2009
This page will be updated regularly with the latest news from the 2009 World Bank and IMF spring meetings
