The International Finance Corporation (IFC), the World Bank's private sector lending arm, has been accused of neglecting the rights of indigenous people in the Philippines.
In September, the Bank released a progress report on the implementation of its 2003 water resources strategy, while criticism mounts over its hydropower lending, water resource management and support for private sector provision.
Ongoing mining projects’ impacts on rights, gender and the environment suggest a new approach to the sector is needed, as the IMF and World Bank dole out contradictory advice on mining revenues.
A spate of human rights violations and environmental abuses by mining ventures backed by the International Finance Corporation (IFC), the private sector arm of the World Bank, is raising alarm over the inadequacy of its social and environmental standards.
As the International Finance Corporation, the private sector arm of the World Bank, announces plans to increase investment in agribusiness by up to 30 per cent in the next three years, NGO reports shed light on the IFC's role in 'land grabs' and flaws in its approach to the food crisis.
A complaint to the World Bank Inspection Panel by the NGO, Centre on Housing Rights and Evictions (COHRE), on behalf of the Agyemankata community has resulted in a report confirming violations of Bank policies on forced evictions and environmental hazards related to a planned landfill near Accra, Ghana.
Minutes of a session hosted by the IFC at the World Bank spring meetings, April 23, 2009
Inspection Panel reports relating to Albania and Uganda expose World Bank non-compliance in a number of areas. These findings are compounded by allegations of corruption and the obstruction of the Inspection Panel investigation.
A forthcoming World Bank commissioned book on large dams stresses their purported economic benefits whilst inadequately addressing serious social and environmental costs. The book is a further indicator of the Bank's preference for large dams.
Workshop at World Bank annual meetings (8 October 2008), sponsored by Bank Information Center (BIC), International Network on Displacement and Resettlement (INDR), International Accountability Project (IAP).