IFC investments in luxury hotels and shopping malls highlight projects with weak development outcomes.

IFC investments in luxury hotels and shopping malls highlight projects with weak development outcomes.
IFC accountability mechanism formally links World Bank client to human rights abuses on palm oil project in Honduras, and highlights systemic problems with IFC procedures.
Khasi indigenous people in Indian state of Meghalaya have filed a complaint with the CAO over illegal land infringement by French multinational Lafarge's Bangladeshi cement plant.
An international statement, signed by 70 organisations, in response to the publication in mid January of a CAO audit and the IFC response and action plan related to IFC investment in Corporación Dinant, Honduras.
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.
A World Bank report on land governance has been criticised by NGOs. Meanwhile the Bank pushed ahead with the Benchmarking the Business of Agriculture initiative despite civil society concerns.
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
In April World Bank president Jim Yong Kim said that the Bank shares the concerns "about the risks associated with large-scale land acquisitions" and that "additional efforts must be made to build capacity and safeguards related to land rights".
Ethiopia has said that it will not cooperate in a proposed investigation by the World Bank's accountability mechanism, the Inspection Panel (IP), into a programme linked to the Bank that according to the indigenous peoples filing the complaint led to "forced villagisation".
Tens of thousands of people in China are facing resettlement as a result of flood management, lake basin and urban infrastructure projects approved for World Bank funding in late March.