Highlights of a meeting at the World Bank-IMF annual meetings 2007.
Highlights of a 4 October meeting between NGOs in the BWI-UK network and secretary of state for international development, Douglas Alexander, addressing IFI strategic reviews, aid effectiveness, clean energy/climate change and a number of other issues.
As the Bank prepares to launch its Forest Carbon Partnership Facility forestry experts fear that this framework will benefit industrial scale logging.
The Bank's latest carbon reduction credentials are offset against the institution's continued funding for large-scale, grid-based energy sector loans.
Alarm bells are being rung about 'avoided deforestation', the World Bank's latest tool in the fight against climate change, while a Greenpeace report has heavily criticised the Bank's failure to bring the Democratic Republic of Congo's (DRC) logging industry under control.
While the World Bank promotes the burgeoning carbon trading market as a "tool to help Africa's poor", an investigation has unearthed gross incompetence with the Clean Development Mechanism (CDM) in which the Bank is heavily involved. A report by Oxfam points out serious inadequacies with the Bank's adaptation figures.
Highlights of a 22 June 2007 meeting between UK NGOs and UK executive director to the World Bank and IMF, Tom Scholar. Issues covered included review of the Bank's transport strategy, avoided deforestation, conditionality, debt, social protection and IFI governance.
The fourth week of the drama unfolding at the World Bank over president Paul Wolfowitz’s promotion of partner Shaha Riza has raised more question marks over Wolfowitz’s judgment during his time at the Bank, further calls for his resignation, and widespread recognition of the need to end the fix which sees the president chosen by the US administration.
The World Bank released a first draft of its latest World Development Report on 'agriculture for development' on 9 April.
Highlights of meeting between Tom Scholar and UK NGOs, April 2007