We are the residents of Boeung Kak in Sras Choc commune, Phnom Penh, Cambodia who submitted a complaint to the World Bank Inspection Panel in September 2009. Our land rights, including our right to register our land, were unfairly denied by the World Bank-financed land-titling project.
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The World Bank Inspection Panel released an investigation report in March, which found that the Bank breached its operational policies by failing to properly design and supervise the Cambodia Land Management and Administration Project (LMAP), contributing to "grave harm" to affected families.
The World Bank has come under fire for its Inspection Panel's decision on the forestry sector in Liberia, while new reports from civil society groups add to the growing backlog of criticism over the Bank's Forest Carbon Partnership Facility (FCPF).
As civil society organisations line up to demand a minimal role for the World Bank in the new Green Climate Fund (GCF), the Bank is pushing its Climate Investment Funds (CIFs) as a model for the GCF, despite criticism and protest at CIF projects flaring up in recipient countries.
In March 2011 60 civil society organisations published a statement addressing the final proposed draft of the International Finance Corporation's revised Sustainability Framework, which is intended to manage social and environmental risks associated with IFC activities.
On February 2nd 2011 civil society organisations held a meeting with the UK Executive Director to the World Bank and staff from the Department for International Development to discuss the formation of the new Green Climate Fund, the World Bank energy startegy review, and the role of the private sector in World Bank lending.
As the review of the performance standards of the International Finance Corporation’s (IFC), the World Bank's private sector lending arm, enters the last stretch, civil society groups are up in arms about the latest draft, which has taken steps backward, particularly in relation to the inclusion of human rights.
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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.
This paper outlines the World Bank's involvement in the carbon market and reviews concerns about its impacts on greenhouse gas emission reductions and development.
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).