Civil society organisations globally have stepped up their campaign against the International Finance Corporation's process to overhaul its safeguard policies.
IFC
Rights
Commentary
Boycott statement of London IFC/civil society meeting
Statement by UK civil society organisations regarding their reasons for boycotting the IFC's consultation meeting of 1 November 2004 on the revision of safeguards and disclosure policy
Environment
Background
Report Back on the Extractive Industries Review Process and next steps for Implementation
The aim of the meeting was to discuss the final version of the World Bank Management Report to the EIR, and consider what implications this will now have for project implementation and lending in recipient countries.
Rights
Background
IFC/civil society discussion on proposed update of environmental and social safeguard policies
This meeting, which had been set up by the IFC, was attended by World Bank and IFC staff, private sector consultants and law firms, and a small number of NGO representatives. However, it was boycotted by a large group of non-governmental organisations. A representative of the group outlined reasons for the group's decision not to participate at the meeting in a formal statement, signed by 24 civil society representatives.
Environment
News
Board accepts management response to report on oil and mining
The management response to the Extractive Industries Review (EIR) - described by development and environment campaigners as "completely inadequate" - was accepted by the board of the World Bank at the beginning of August. The management response rejected calls in the review for a phase-out of support for oil and coal, made merely symbolic gestures towards increasing support for renewables, and watered down language on the rights of indigenous peoples to oversee extractive developments on their l
Rights
News
Private sector safeguard review "fundamentally flawed"
Civil society organisations have expressed alarm at the process recently launched by the International Finance Corporation (IFC) - the World Bank Group's private sector lending arm- to overhaul its safeguard policies.
IFI governance
Background
Information disclosure at the World Bank Group
Currently both the World Bank and International Finance Corporation (IFC) - the Bank's private sector lending arm - are revising their information disclosure policies
Rights
News
Bank board accepts status quo in oil and gas
The management response to the Extractive Industries Review (EIR) - described by development and environment…
Rights
News
Guatemalan gold project gets financing
Campaigners worry that community rights will be disregarded by a Guatemalan gold mine backed by the IFC.
Rights
News
IFIwatchnet in your region … and in video!
IFIwatchnet has established regional animators and will soon add multimedia resources.
Private Sector
News
Haitian jobs hang in the balance in IFC-funded plant
The International Finance Corporation, the Bank's private-sector arm, has brought in labour mediators in an attempt to resolve a dispute that threatens to leave hundreds of employees at an IFC-funded plant in Haiti without work.
Infrastructure
News
Bank response to oil, gas and mining review “completely inadequate”
The Bank management response to the recommendations of the Extractive Industries Review was released 18 June to widespread criticism.
