Civil society organisations globally have stepped up their campaign against the International Finance Corporation's process to overhaul its safeguard policies.
Anti-corruption
Accountability
News
Wolfensohn: African governance “polluted”
The latest soundbite from Bank president James Wolfensohn has to be read to be believed.
Accountability
News
Corruption in Mozambique goes unchallenged
The Bank's new country director for Mozambique and Angola, Michael Baxter appears hesitant to tackle…
Accountability
News
Bank fails to protect whistleblowers
Following a comprehensive assessment by the Government Accountability Project serious deficiencies have been uncovered at the World Bank in terms of its whistleblower protection policies.
Environment
News
Wolfensohn meets with Congolese groups
A videoconference was held in July to bring together Congolese organisations, international forest activists and Bank President James Wolfensohn to discuss a Bank-supported forest zoning plan for the Democratic Republic of Congo.
IFI governance
News
Landmark decision: Canadian company debarred
Anti-corruption campaigners are applauding the World Bank's decision to debar Acres International, a Canadian company found guilty by Lesotho courts of engaging in corrupt activities in a Bank-funded water project.
Accountability
News
US lawmakers scrutinise World Bank record on corruption
At hearings in the US Senate commentators criticised World Bank anti-corruption activities and proposed new approaches.
Private Sector
News
Acres debarment: Litmus test for Bank on corruption
The Bank's sanctions committee has reopened the debarment case against Acres International, a Canadian firm whose conviction for bribing an official was upheld by the Lesotho appeals court last August.
Environment
News
World Bank rewards Cambodian government despite forest mismanagement
Despite its failure to improve forest management, the World Bank has released further funding to the Cambodian government. NGOs argue that this shows that the Bank is not serious about social and environmental issues. The Bank's anti-corruption credentials are also in doubt as it has awarded a contract for forest monitoring to a company with convictions for bribery.
Accountability
News
Chadians "mourn" while World Bank and oil companies celebrate pipeline
The coalition of Human Rights Associations in Chad has called for a national day of mourning on October 10, the date of the official inauguration of the Chad Cameroon Oil Pipeline.
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16 October 2024
The Bretton Woods Observer: Autumn 2024
16 October 2024
The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.