The IFC should terminate its support to MRL's Philippine mining venture for not following their guidelines, and more than that, for ignoring the Philippine law concerning indigenous peoples.
Indigenous peoples
Environment
Analysis
Climate Investment Funds Monitor 5
The Climate Investment Funds (CIFs) are financing instruments designed to pilot low-carbon and climate-resilient development through the multilateral development banks (MDBs). They are comprised of two trust funds - the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF).
Accountability
Background
EIR + 10
Minutes of afternoon sessions of extractives conference, Washington DC, 23 April 2012
Environment
News
Nature on the market?
The Bank will showcase new initiatives on oceans and the valuation of ecosystem services at the United Nations Conference on Sustainable Development, or Rio+20, in Brazil in late June, but is attracting criticism from civil society groups for its approach to 'green growth'.
Land
News
World Bank's land policies under fire
In February about 200 people from across Asia demonstrated outside the World Bank office in Bangkok to highlight the failure of the Responsible Agricultural Investment (RAI) principles, co-authored by the Bank, to protect small farmers
Accountability
News
The World Bank and extractives: a rich seam of controversy
As World Bank projects fail to reduce corruption in the mining sector in the Democratic Republic of Congo (DRC), International Financial Corporation (IFC) investments in extractives are provoking complaints and protests around the world.
Land
News
On a carbon market mission
While steaming ahead with new carbon market initiatives, the World Bank attracted further criticism and suffered potential setbacks on agriculture and the Green Climate Fund (GCF) at the UN climate negotiations in Durban.
Accountability
News
Green light for revised PforR, but concerns remain
The World Bank board has approved the controversial new Program-for-Results (PforR) lending instrument, with some concessions to criticism.
Rights
News
Questions hang over World Bank safeguard review
The World Bank has revealed that the planned period for updating its environment and social safeguard policies, which it aims to consolidate into one single policy, has been extended to December 2013
Infrastructure
Analysis
No fairy tale
As debates continue at the World Bank about its lending for new coal-fired power plants, residents of the Indian district of Singrauli, the country's coal capital, still live with the lasting social and environmental impacts of decades of coal-related projects and ask why the Bank has never returned to fully address what has been left in the wake of its investments in the region.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
5 April 2023
The global financial architecture and the international debt crisis: An urgent call for reform
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.