This paper critically assesses the appropriateness of the Bank-housed Climate Investment Funds (CIFs) as a model for the Green Climate Fund (GCF). It takes proposals and recommendations by civil society groups and uses them as benchmarks to analyse the CIFs. It finds that in terms of institutional arrangements the CIFs have achieved some notable progress, however, in operations and performance there are serious concerns.
Compliance mechanisms
Accountability
News
IFC financial intermediary lending: cause for complaint?
A case filed by communities in India has prompted the first internal probe of the International Finance Corporation (IFC), the Bank’s private sector arm, for its lending through financial intermediaries, highlighting concerns about the transparency and effectiveness of this lending.
Accountability
News
IMF to spend $436 million on office refurb
The April IMF board approval of its budgets for the 2012 financial year (FY), and indicative budgets for FY2013-14, gave the first public insight into the amount the Fund plans to spend on refurbishing its offices.
Accountability
Analysis
The IFIs in 2010: year in review
2010 was a year of uncertainty for the global economy. While many countries, particularly emerging markets, emerged from recession, public finances deteriorated across the globe as governments struggled to recover from the recent crisis. The troubles of the Eurozone dominated the headlines, but this only reflected the continued fragility of many countries still reeling from the biggest depression since the 1930s. The ongoing impacts of the recession remained high, particularly on the poor and vu
Accountability
Background
Consultation on Program for Results (P4R)
Notes of meeting, Washington DC, April 16, 2011
Accountability
Background
IFC and Financial Intermediary Lending
Notes of meeting, Washington DC, April 15, 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 the World Development Report on conflict, security and development; the spring meetings and food security; the World Bank's energy strategy and performance in the health sector.
Accountability
News
El Banco Mundial aumenta los prestamos a las industrias extractivas a pesar de los abusos a los dere
Los grupos de la sociedad civil han acusado al Banco por no haber previsto o respondido a los casos de las violaciones de los derechos humanos en el oleoducto Baku-Tbilisi-Ceyhan patrocinado por el Banco (BTC) en el Caucaso y Turquia, justo en el momento en el que el Banco anuncia un aumento en las inversiones en las industrias extractivas.
Accountability
News
UK reviews of World Bank paint a mixed picture
The UK government's review of multilateral aid endorsed the World Bank, despite identifying major institutional weaknesses.
Accountability
Commentary
Cambodians denounce World Bank-funded land grab
We are the residents of Boeung Kak in Sras Choc commune, Phnom Penh, Cambodia who submitted a complaint to the World Bank Inspection Panel in September 2009. Our land rights, including our right to register our land, were unfairly denied by the World Bank-financed land-titling project.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.