Compliance mechanisms

IFI governance

Analysis

Watchdog warns World Bank private-sector lending reforms show progress, but still fall short

Joint statement by Bretton Woods Project, Eurodad and Oxfam International highlights a new report from the World Bank's watchdog, criticising the IFC's lending

4 November 2014

Private Sector

News

Civil society letter re: the IFC and lessons learned

A letter from civil society in response to the IFC's lesson learned briefing

13 June 2014 | Letters

Environment

News

World Bank funded mines threatening livelihoods

Civil society groups criticise IFC investments worth hundreds of millions of dollars in mining projects in Guinea, Mongolia and Armenia for potential negative social and environment impact.

20 June 2014

Infrastructure

Commentary

Tata Mundra: making a mockery of accountability

IFC criticised over Tata Mundra coal power plant in India, for ignoring recommendations from its accountability mechanism.

20 June 2014 | Guest comment

IFI governance

Background

CSOs - Inspection Panel meeting and discussion

Q: How do you train the board? Organise orientation of new Board members, are often…

10 April 2014 | Minutes

Private Sector

Analysis

IFC funding to financial intermediaries: unfit for purpose

An IFC investment in ANZ Royal Bank has been criticised after the bank was implicated in a “massive land grab” in Cambodia. Further cases from Guatemala and Honduras reinforce calls for IFC to rethink its investments in financial intermediaries.

31 March 2014

Private Sector

News

Response letter to the head of IFC Jin-Yong Cai re: IFC investment in the financial sector

This letter was written to respond to an IFC 6 January 2014 reply to a November 2013 civil society letter about the International Finance Corporation’s action plan to reform lending to the financial sector. The 26 groups signed on to the letter believe the IFC’s action plan is inadequate and urge the head of the IFC to do more to address the audit’s findings.

27 March 2014 | Letters

IFI governance

Commentary

World Bank accountability mechanisms: Any lessons learned yet?

The effectiveness of the Bank's accountability mechanisms relies on the extent their findings are accepted by Bank management. In three recent cases the Bank president has not responded seriously to their findings. The mechanisms must be made powerful and independent enough to hold the Bank to account.

27 February 2014 | Guest comment

Land

News

World Bank and agriculture: Cultivating controversy?

The World Bank’s push for ‘climate-smart agriculture’, including a new joint initiative, was criticised by CSOs. An Inspection Panel case on forced labour in Uzbekistan cotton fields was postponed for up to 12 months.

27 February 2014

Rights

Analysis

IFC's bitter tea

As the CAO publishes its assessment report of its investigation into allegations of human rights violations by IFC-funded APPL, Tata Tea's parent company in Assam new evidence emerges of the IFC's failings.

27 February 2014 | Guest analysis