World Bank’s Covid-19 vaccination programme contributes to global response but fails to ensure free access to vaccines and healthcare during the pandemic.
Community demands reparations from World Bank for murder of South African environmental activist Fikile Ntshangase for opposing the Tendele coal mine initially financed by IFC.
IFC accused of violation of performance standards after alleged retaliatory action against workers.
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
IFC investments in Burma hotels have been criticised for weak poverty reduction impact. IFC claims that investment in luxury hotels in India will provide “affordable hotels”.
New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.
In response to the IFC’s shaming over its involvement with Dinant corporation in Honduras, the institution produced a “lessons learned” document. However, it has been rejected by campaigners, who are demanding more fundamental reform.
A letter from civil society in response to the IFC's lesson learned briefing
IFC staff and NGO representatives discussed financial intermediaries lending in a closed door meeting on Sunday 13 April.
An IFC investment in ANZ Royal Bank has been criticised after the bank was implicated in a “massive land grab” in Cambodia. Further cases from Guatemala and Honduras reinforce calls for IFC to rethink its investments in financial intermediaries.