The Compliance Advisor/Ombudsman (CAO), the International Finance Corporation's (IFC) accountability mechanism, has transferred a complaint over an IFC-supported project in Mozambique to its compliance function, which will assess whether the project has breached the IFC's performance standards.
Compliance mechanisms
Accountability
IMF's "trusted advisor" role to be scrutinised
The IMF's Independent Evaluation Office (IEO) has released an issues paper describing how it will assess whether the IMF has strengthened its 'trusted advisor' role since 2005.
Accountability
News
IMF plays "second fiddle" as governments fall in the eurozone
As the eurozone debt crisis escalates and protests multiply, the IMF increasingly appears side-lined. Italy's calling in of the Fund for "verification" of implementation of its EU-agreed austerity package symbolises the limits of its influence and resources.
Accountability
Background
UK civil society meeting with HM Treasury and UK IMF Executive Director
Notes meeting Alex Gibbs September 2011
Accountability
Background
CSO Townhall with Robert Zoellick and Christine Lagarde
Notes of meeting, Washington DC, September 22, 2011
Accountability
Background
Notes of meeting between UK Executive Director to World Bank and Civil Society Groups
Civil society organisations met UK Executive Director to the World Bank and staff from the Department for International Development to discuss water, the Bank's private sector approach, health and nutrition, safeguards review and energy strategy.
Accountability
News
Scandals threaten IFI governance
With the new IMF head and a Bank’s managing director under judicial investigation, questions continue to be asked about IFI governance, while implementation of existing reforms remains slow.
Accountability
News
US legislators try to cut funding to IFIs
In late July, a US House of Representatives sub committee, now controlled by the Republican party, moved to slash funding to multilateral institutions.
Accountability
News
Programmed for Results?
In August, the Bank released a policy paper and draft operational policy for its controversial new Program For Results (P4R) lending instrument, aiming to rush through its approval by the end of the year, despite significant concerns.
Accountability
News
IEG annual report slates World Bank's education work
The Bank's Independent Evaluation Group (IEG) released its annual report at end August, again finding shortfalls and uneven results across the World Bank Group. While the Bank's leadership has steered the institution towards more private sector work, outcomes in the education sector and the Middle East and North Africa (MENA) region have dropped substantially.
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