Forests

Environment

News

World Bank climate funds: "a huge leap backwards"

The recently proposed climate investment funds to be administered by the World Bank are under heavy fire for proposing a governance structure that replicates the inequities of the Bank's board and undermines the UN climate framework.

1 April 2008

IFI governance

Commentary

Charla del Banco del 2007

El uso del lenguaje inglés más incomprensible empleado por las instituciones de Bretton Woods durante el añ 2007.

18 February 2008 | Humour

Rights

Commentary

Whoever loses, the Bank always wins

The World Bank developed its campaign to 'combat' climate change through curbing carbon emissions from deforestation in tropical countries, but nobody noticed that the Bank, through its lending and development policies, has been promoting deforestation in tropical countries like Indonesia.

1 February 2008 | Guest comment

Environment

News

Bank violates own policies in Congo

The findings of an Inspection Panel investigation into the Bank's failure to comply with its own safeguard policies in its support for forest sector reforms in the Democratic Republic of Congo (DRC) was discussed by the board in January

1 February 2008

Environment

News

IFC offloads illegal timber trader

the IFC has offloaded its 3.35 per cent equity stake, worth up to $7.5 million in the Singapore-based global commodities trader, Olam International

1 February 2008

IFI governance

Commentary

Bankspeak of the year 2007

Annual Bretton Woods Project award for the most incomprehensible or absurd use of language in a Bank or Fund document or speech.

1 February 2008 | Humour

Accountability

News

UK report on its activities at the World Bank

In late November, the UK released its third report on its relationship with the World Bank, disappointing in the coverage and depth of its analysis.

14 December 2007

Environment

News

Further embarrassment over Botnia

Minutes before cutting the ribbon of inauguration for the IFC-funded pulp mill owned by Finnish Company Oy Metsa Botnia in Uruguay at the start of November, Erikki Varis, CEO of the Finnish company was ordered to hold off by the Spanish government

12 December 2007

Accountability

News

Public campaigns to reform IDA

In Europe, Asia and the United States, civil society has campaigned for reform of the World Bank through the replenishment process of the International Development Association.

4 December 2007

Environment

News

IFC: carbon cowboys in the Amazon

The International Finance Corporation (IFC) and the Inter-American Development Bank (IDB) risk breaching their own social and environmental safeguards if they provide funding for the Peru liquefied natural gas project, or Camisea II.

4 December 2007