A new report from corruption watchdog Transparency International indicates that despite improved efforts by the World Bank on corruption ahead of other regional development banks, there is still a striking inconsistency between the discourse and practice of the Bank. A new US anti-corruption bill and an oil revenue agreement with Chad are the latest tests.
MIGA
Social services
News
World Bank loan at human rights tribunal
Argentine NGO CEDHA has filed a complaint to the IFC's Compliance Advisor Ombudsman on a pulp and paper mill project in Uruguay.
Rights
News
World Bank’s community development efforts ineffective, poorly monitored and unsustainable
Summary of the Operations Evaluation Department report on the effectiveness of World Bank support for community-based development, and community-driven development.
Accountability
Background
CSO discussion with IFC/MIGA Compliance Advisor Ombudsman
Present: Meg Taylor, Compliance Advisor Ombudsman; Amar Inamdar, Senior specialist; Kate Kapiski; and other CAO…
IFI governance
News
Transparency charter for IFIs
The Global Transparency Initiative will be holding a three-month consultation starting 28 September, on a draft charter of transparency principles which the international financial institutions should uphold.
Rights
Background
Dam review 5 years on: lessons not learned
Brief update of some of the key concerns and projects in relation to Bank-funded hydropower five years on from the WCD and the Bank's failure to adopt many of the WCD recommendations
Rights
Analysis
World Bank support for extractives: complicity in human rights violations
Refers to the Bank's failure to adequately and explicitly address human rights in its policies, as well as the causality between Bank supported extractive projects and the exacerbation of conflict. Looks at case studies from Democratic Republic of Congo, Guatemala and Chad and Camerooon.
Environment
News
Climate change and the World Bank: dubious green credentials
Critique of the new role assigned to the World Bank by the G8 in tackling climate change by creating a framework for clean energy and development. Summary of recent documents examining the Bank's perpetuation of fossil-fuelled economic expansion and false claims made in relation to the Clean Development Mechanism
Environment
News
Slow progress on World Bank’s oil, gas and mining commitments
Update on the World Bank Group’s progress on the management response to the Extractive Industries Review. Problems relating to the BTC pipeline on its inauguration. Summary of the book The risks we run, on political risk insurance and the mining industry.
IFI governance
Background
The World Bank board of executive directors (archive)
A summary of the structure and workings of the World Bank Group's board of executive directors.
Rights
News
NGOs to new MIGA head: live up to your mandate
NGOs sent a letter to the new head of the MIGA outlining concerns about portfolio balance, insufficient transparency, and weak environmental and social oversight.
Rights
News
IFIwatchnet in your region … and in video!
IFIwatchnet has established regional animators and will soon add multimedia resources.
