IFC

Rights

News

Cautious dialogue as conflict over water continues

The deep freeze on communications between the World Bank’s water unit and civil society groups thawed a little at a recent dialogue. A revolt against private sector participation in Bolivia shows just how far there is to go.

2 February 2005

Rights

News

IFC-backed mine violates Guatemalan law

One person was killed and ten were injured when the Guatemalan police and military took action to disperse protesters blocking a convoy of mining equipment destined for an IFC-funded gold mine.

2 February 2005

Land

News

IFC funds Amazon deforestation, undermines safeguard policies

Brazilian and international NGOs charge that IFC-funded soy and cattle projects in the Amazon further deforestation, ignore social and environmental risks and contradict World Bank policy.

26 January 2005

IFI governance

News

The end of the Wolfensohn era

Bank president James Wolfensohn has said he will retire on 31 May after 10 years in the post.

26 January 2005

Environment

News

Consultation extended for IFC safeguard review: doubts remain

World Bank environmental and social safeguard policies have long been a subject of contention. The Bank has now begun to shift from "explicit, mandatory policies, to which it can be held accountable, to flexible principles or national standards, permitting the investor and/or the borrowing government to determine the project's social and environmental requirements". This is illustrated most clearly by the on-going reviews of the IFC's Safeguard Policies and World Bank's Country Systems.

2 January 2005

Environment

Background

UK NGO meeting with Executive Director Tom Scholar

Uncorrected highlights of a 14 December meeting between UK NGOs and UK Executive Director to the World Bank and IMF, Tom Scholar.

16 December 2004 | Minutes

Rights

News

Groups attack World Bank standards

More than 200 civil society organisations and socially responsible investors called on the International Finance Corporation (IFC), the private sector arm of the World Bank, to protect the interests of the poorest and the public when setting rules governing global private investment

2 December 2004

Land

News

IFC-funded goldmine shut down by local protest

Following two weeks of protests and road blocks that shut down the city of Cajamarca…

22 November 2004

Rights

News

World Bank accountability: demand for reparations won't go away

In 1982 more than 400 Maya Ach

22 November 2004

Environment

News

Baku Ceyhan pipeline under scrutiny

The Baku-Tblisi-Ceyhan (BTC) pipeline has come under renewed scrutiny just over one year after receiving…

22 November 2004

IFI governance

News

Controversial Indian dam approved

In October the Bank's board approved a $45 million loan from the International Finance Corporation, for the controversial Allain Duhangan hydropower project in the Indian Himalayas.

22 November 2004

Accountability

News

Chad-Cameroon pipeline: Corruption and double standards

The Bank’s claim that the Chad-Cameroon oil and pipeline project proves that petro-dollars can benefit the poor is undermined by the claims of local communities and NGOs who cite numerous examples of violations of social and environmental safeguards.

15 November 2004