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IFC

IFI governance

Analysis

Spring Meetings wrap-up 2019: what crisis of multilateralism?

As the world ponders the fate of a beleaguered multilateralism on the 75th anniversary of the Bank and Fund, both fail to act on essential governance reforms and opt to maintain the unjust privilege of the Global North.

16 April 2019

IFI governance

Analysis

Development Committee communiqué analysis – Spring 2019

Analysis of the Development Committee communiqué published on 13 April.

16 April 2019

IFI governance

Analysis

G24 communiqué analysis – Spring 2019

Analysis of the IMFC communiqué, issued on 13 April, from the 2019 World Bank-IMF Spring Meetings, Washington DC.

16 April 2019

Land

Commentary

The highest bidder takes it all: The World Bank's new scheme to privatise land in the Global South

World Bank Enabling the Business of Agriculture rankings prescribe land privatisation at the expense of family farmers, pastoralists, and Indigenous Peoples.

4 April 2019 | At Issue
Tata Mundra power plan in Gujarat, India.

Accountability

News

US Supreme Court rules against World Bank’s claim of absolute immunity

US Supreme Court rejects IFC's immunity from suits in the US in landmark case

4 April 2019

Environment

Analysis

World Bank's investment in Seven Energy in Nigeria once again calls Bank's due diligence into question

World Bank's due diligence processes highly suspect as it invests a quarter of a billion dollars in Nigerian Seven Energy, where several individuals associated with the company’s flagship contract are now either on the run or charged with money laundering.

6 December 2018 | At Issue

Environment

News

As climate crisis bites, World Bank further distances itself from coal

International Finance Corporation announced new ‘green equity’ policy to encourage financial intermediaries to divest from coal, while Bank pulled plug on mooted Kosovo coal project.

6 December 2018

IFI governance

Commentary

Bank and Fun(d) speak of the year: 12 days of Christmas – an ode to the World Bank & IMF’s 2018

At the end of every year, the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff. This time, it’s set to music.

6 December 2018 | Humour
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Other news

Finance

Background

Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation

Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.

16 April 2019 | Minutes

Knowledge

Background

Recommended resources on the World Bank and IMF: 2018

BOOKS Enforcing the rules in a global economy: The emergence of structural conditionality in the…

1 February 2019

Rights

News

Civil society calls for more protection of human rights defenders in development as IFC publishes position

Defenders in Development Campaign welcomes IFC’s position on retaliation against human rights defenders in development but call for more specific actions

6 December 2018

Private Sector

News

IFC launches consultation on draft Operating Principles for Impact Management

As IFC launches consultation on draft Principles, its declining development outcome performance as 'first impact investor' provides useful point of departure.

6 December 2018

Accountability

News

US Supreme Court hears oral arguments on challenge to IFC’s absolute immunity

Plaintiffs make case for ending IFC's 'absolute immunity'

6 December 2018

Rights

News

World Bank dispute arbitration mechanism publishes proposed rule changes

The World Bank-funded International Centre for Settlement of Investment Disputes has published its proposed changes to its rules for resolving disputes between states and foreign investors, with ongoing consultation.

6 December 2018

Rights

News

Workers unite after IFC fails to comply with its labour standard

Malaysian workers certify union of choice despite efforts of IFC-backed company.

6 December 2018

Infrastructure

News

Civil society calls on IFC and other MDBs to stop financing damaging Balkan dams

A June petition signed by more than 120,000 people called on IFIs, “to immediately stop funding for projects that are located in protected areas.”

27 September 2018
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