IFC continues to avoid responsibility for its investments in Tata Mundra coal power plant as US federal court rules that harmful acts took place outside the United States.
Compliance mechanisms
IFI governance
News
Accountability Counsel launches key tool for accountability community
Accountability Console provides complete database of Independent Accountability Mechanism complaints.
IFI governance
Commentary
Reviews of World Bank Group’s accountability mechanisms too important to be done in secret
Civil society deeply concerned about lack of transparency and consultation in ongoing reviews of World Bank's accountability mechanisms.
IFI governance
News
Board decision could signal “vote of no confidence” in Inspection Panel
CSO fear World Bank board will compromise, undermining Inspection Panel powers.
IFI governance
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.
Rights
News
World Bank-funded Kenya company targets complainants
Community representatives involved in a World Bank Inspection Panel complaint have been targeted with a court injunction by a Bank-funded company.
IFI governance
Analysis
IFC 3.0: superficial upgrades, same problems?
As the IFC sets out a new strategy, CAO and CSO reports have raised further criticism over its investment in financial intermediaries, and a new law suit challenges its immunity.
Rights
Commentary
World Bank continues colonial legacy on Assam’s tea plantations
CAO report validates 2013 complaint by Indian NGOs on IFC investment in colonial tea plantation in Assam. The IFC's action plan is very limited in scope.
IFI governance
Background
From accountability to action – the role of management
Notes from a side event at the IMF/World Bank 2016 annual meetings on the role of management in ensuring development banks responds appropriately to community complaints.
Rights
News
Indigenous peoples lodge complaint over Bangladesh World Bank project
Indigenous peoples in Bangladesh have submitted a complaint to the Inspection Panel regarding a World Bank funded transport feasibility study.
Featured briefings
12 October 2020
World Bank and IMF Annual Meetings 2020
6 October 2020
The Bretton Woods Observer: Autumn 2020
6 October 2020
Repairing harm caused: What could a reparations approach mean for the IMF and World Bank?
It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.