Compliance mechanisms

Apollo Hospital, Dhaka, 2014

Accountability

News

Another day, another IFC scandal

A Telegraph exposé unveils how a private hospital group in India which received £120 million in IFC investment since 2005 was running an illegal organ trading scheme, adding to a growing number of IFC-funded scandals.

9 April 2024

Accountability

Analysis

A proposal for Ajay: No evolution without remedy

While World Bank President declares the benefits of a “bigger and better” Bank, the scandal of alleged child sexual abuse and cover up relating to IFC investments in Bridge Academies demonstrates the urgent need for the Bank to establish a robust remedy framework.

13 December 2023

Accountability

News

Demanding accountability: Response to reports of a child sexual abuse cover up at the World Bank

A joint statement from 34 global civil society organizations regarding the extremely disturbing reports of a child sexual abuse cover-up by World Bank Group officials in connection with IFC's investment in Bridge International Academies in Kenya.

19 October 2023 | Letters

Accountability

News

UDHR and IPN anniversaries underscore urgent need for Human Rights policy at all IFIs

World Bank and IMF shareholders must use the anniversaries of the Inspection Panel and the Universal Declaration of Human Rights respectively to demand both establish human rights policies and meet their international obligation to provide remedy

19 July 2023

Land

News

Honduras threatens ICSID withdrawal over $11 billion ‘neo-colonial’ special economic zone claim

Compensation claim before WorldBank’s ICSID raises questions about the value of special economic zones and fairness of ISDS mechanisms for Global South states.

19 July 2023

Accountability

News

World Bank’s accountability mechanisms - still a long way to go

57 CSOs highlight need for operational changes in the World Bank’s new accountability scheme to ensure its effectiveness.

4 October 2022

Accountability

Analysis

Ending “absolute immunity” for the International Finance Corporation: The legacy of Jam v. IFC

EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.

21 July 2022 | At Issue

Accountability

Commentary

The IMF is changing and needs an independent ombudsman

The Fund's expansion of its work into the macro-stability challenges posed by pandemics, climate change, gender discrimination and inequality increases the risks that it may negatively impact communities and individuals.

21 July 2022 | Guest comment

Accountability

Analysis

Why the IFC can’t afford to squander this opportunity to get remedy right

The IFC is the only DFI that has committed to creating a remedy framework. The basic requirements of a rights-based remedy framework are already known.

21 July 2022 | Guest analysis
Ecosistemas advocates protest against Alto Maipo project before IFC building.

Accountability

Commentary

Alto Maipo: Harms endure due to MDBs' lack of proper due diligence

World Bank and Inter-American Development Bank's reactive independent accountability mechanisms cannot address harms caused by lack of proper due diligence in Alto Maipo.

9 December 2021 | Guest comment