In mid April four independent advisers to the UN urged that all of the World Bank's activities should be included in the Bank's safeguards review to ensure consistency with international human rights standards.
In mid April two UN special rapporteurs raised the alarm about the World Bank-led privatisation of Burundi's coffee industry and called for suspension of the policy pending a full human rights-based impact assessment.
While the World Bank's leadership is further embracing private equity funds, the IFC's investment in financial intermediaries is again hitting the headlines over allegations of 'land grabs' in South East Asia and lack of respect for indigenous people's rights in Honduras.
This paper looks at PPCR projects implemented under the World Bank's private sector lending arm, the International Finance Corporation, highlighting important questions concerning the design, implementation and operation of projects financed from public climate funds using private sector actors. In summary, the analysis suggests that the integration of private sector projects into national planning processes and strategies is crucial.
World Bank briefing on the Global Agriculture and Food Security Program (GAFSP) with a particular focus on recent private sector window projects.
As an independent panel begun its review of the World Bank’s controversial Doing Business rankings, India’s public criticism of the rankings added weight to global governmental and civil society opposition.
The Bank's continued enthusiasm for agribusiness was evident in its March report, Growing Africa, which highlighted the potential of the African agriculture sector, currently valued at $313 billion a year, to triple if governments and business leaders engage in radical policy reform and generate public private partnerships.
As Oxfam called on the World Bank to freeze large scale land acquisitions, the Bank's new agriculture strategy remained under wrap. Concerns have also been raised about ongoing initiatives on 'climate-smart agriculture' and the development of Doing Business in Agriculture.
This event discussed how to invest in agriculture in a responsible way, including research on the scale of the global rush for land, and explored potential solutions to the problem, including the role that the World Bank can and must play.
This session featured a discussion on the implications of current water policy reforms that have increasingly privatised and commodified water.