World Bank president Wolfowitz announces his move to disband the Environmentally and Socially Sustainable Development (ESSD) network within the Bank. It will be merged with the Bank's infrastructure department and report to the current head of the infrastructure department, Kathy Sierra.
Extractives
Environment
News
Barrage of criticism over IFC safeguards review
A number of new reports have come out in criticism of the IFC's recent revision of its lending standards.
Environment
News
Finaliza la revision sobre las salvaguardas de CFI: riesgo antes que la protección
Los criticos aseguran que los estandares revisados de la CFI llevaran a un aumento y no a una disminucion de los casos de abuso social y del medio ambiente.
Rights
Commentary
UK’s largest ethical bank won’t touch World Bank private sector bonds
Leading development and environment NGOs, including Christian Aid and Friends of the Earth, have today…
Rights
News
IFC backs controversial Ghana gold mine
On 31 January, the IFC approved a $125 million loan to Newmont Mining Corporation for the development of the Ahafo gold mine project in western Ghana, which NGOs link to human rights and environmental problems.
Environment
News
IFC safeguard review finished: client risk over protecting rights
Critics assert that the IFC's new revised standards will lead to more not fewer cases of social and environmental abuse.
Private Sector
News
Investigation demanded into World Bank reform of DRC mining
NGOs have called on the Bank to investigate two mining contracts between the Democratic Republic of Congo's state mining company and two British Virgin Island-based companies.
Rights
News
Audit finds MIGA at fault in DRC mine
The independent audit of the Compliance Advisor Ombudsman was made public in February.
Environment
News
IFC green gloss: new private sector guide to biodiversity
IFC launches private sector guide to biodiversity at convention in Curitiba
Environment
News
La implementación del Banco Mundial deja que desear en asuntos de petróleo, gas
La implementaci
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IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.