IFC

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

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

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

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

Accountability

News

Inspection Panel and Compliance Ombudsman Advisor reviews: Will World Bank fill the half-empty glass?

Civil society press for review of Inspection Panel and Compliance Advisor Ombudsman to result in reserve funds, community-led monitoring systems and greater power for accountability mechanisms.

6 December 2018

IFI governance

Analysis

Annual Meetings Wrap-up: 'Headwinds' overshadow Bali holiday

Despite the idyllic setting and notwithstanding recent global growth, the 2018 World Bank-IMF Annual Meetings took place in a context of apprehension, which seemed unmatched by forceful action.

16 October 2018

IFI governance

Analysis

Development Committee communiqué analysis – Autumn 2018

Analysis of the Development Committee communiqué released on 13 October at the World Bank-IMF Annual Meetings in Nusa Dua, Bali.

16 October 2018
Meetings of the G24 in Bali, Annuals 2018

IFI governance

Analysis

G24 communiqué analysis - Annual Meetings 2018

Analysis of the G24 communiqué, issued on 11 October at the 2018 World Bank-IMF Annual Meetings in Nusa Dua, Bali.

16 October 2018