Aid

Environment

News

World Bank and climate change

A new Bank report warns about the impacts of climate change, but concerns have been raised about its own track record. While the Bank has increased its renewable energy share, its continued funding of fossil fuels and focus on large scale dams remain controversial.

6 December 2012

Accountability

News

Kim's World Bank strategy: real change or "PR exercise"?

The World Bank's new president Jim Yong Kim set out his vision for the institution at the Bank's annual meetings in mid October, but his desire to build a 'solutions' bank and end absolute poverty comes with few details or big changes at the Bank. Next year's replenishment of the International Development Association (IDA) will put Kim's vision to the test.

6 December 2012

IFI governance

Background

World Bank lending facilities

The World Bank's investment lending (ILs) have been joined in recent years by new lending instruments, whilst IL itself faces an overhaul, as the Bank's operational policies come under review and pilots for the use of 'country systems' mature. The Bank is presently using four lending instruments: investment lending, development policy lending (DPL), Program-for-Results, and the World Bank guarantee program.

3 October 2012 | Inside the institutions

Accountability

News

World Bank returns to Burma amid criticism

After leaving over suspended debt repayment in the late 1980s, the Bank officially returned to Burma, also known as Myanmar, in early August.

2 October 2012

Environment

News

World Bank's climate record in the dark

As the World Bank officially stepped into its role as interim trustee of the United Nations Framework Convention on Climate Change's (UNFCCC) new Green Climate Fund (GCF), its track record on fossil fuel investments continues to raise concerns.

2 October 2012

Accountability

News

World Bank safeguards under scrutiny

With the World Bank's safeguards review due to be launched, indigenous groups and civil society organisations (CSOs) called for it to be rigorous and extensive. Meanwhile, the environmental and social track record of the Bank and its private sector arm, the International Finance Corporation (IFC), has come under scrutiny in India, Colombia and Brazil.

2 October 2012

Finance

News

World Bank urged to review Rwandan support

Human Rights Watch (HRW) has asked the World Bank to review its support for Rwanda in the light of strong evidence of its "disregard of fundamental human rights", including killings of civilians, sexual violence, forced recruitment of children and torture.

2 October 2012

Accountability

Background

IFI re-engagement in Burma

Minutes of Burma and IFIs meeting, Washington DC, 18 April 2012

3 August 2012 | Minutes

Infrastructure

News

Calls for halt of World Bank's climate initiatives

NGOs have called on governments to pivot away from funding the Bank-housed Climate Investment Funds (CIFs). Concerns have also been raised about private sector delivery of climate finance and that the Bank's efforts to push carbon markets are undermining genuine reforms in the forest sector.

3 July 2012

Accountability

News

Access for the poor?

As the G20 and the World Bank continue their push for increased investment in large-scale public-private led infrastructure projects, further scrutiny of the Bank's track record puts its strategy in question.

3 July 2012