IMF staff are discussing whether to release for external consultation a draft staff Guidance Note on its Poverty Reduction and Growth Facility.
Safeguards
Environment
News
Bank Ducks Coal India Release
After a four month delay, Asger Christensen, World Bank Task Leader for the India Coal Sector project replied to Minewatch in May saying that the Bank could not release the mid-term review of the project.
Infrastructure
News
World Bank Backs Czech Nuclear Power
A study released in April by Hnuti Duha (Friends of the Earth, Czech Republic) and the CEE Bankwatch Network found that World Bank resources “are directly supporting nuclear facilities in the Czech Republic”.
Rights
News
Panel Slams Bank On China Project
The Wall Street Journal ran an article on 4 May stating that “the World Bank badly mishandled an anti-poverty project that would resettle 58,000 Chinese farmers onto hotly disputed farmlands traditionally inhabited by ethnic Tibetans, according to a report by an internal bank watchdog panel”.
Rights
News
Bank adjustment directive under discussion
The World Bank is revising its Operational Directive for Structural Adjustment Lending.
Rights
News
Bank to seek capital increase
It looks likely that the World Bank Group will seek a rare capital increase for its International Bank for Reconstruction and Development arm.
Rights
News
Bank resettlement policy conversion
In July some NGOs received letters from Maninder Gill at the World Bank seeking comments on the proposed conversion of its Operational Directive (OD) on Resettlement.
Rights
News
Major Bank pollution prevention handbook out
After 5 years of preparation the World Bank and IFC have jointly published a Pollution Prevention and Abatement Handbook.
Rights
News
IMF transparency improved
The IMF has outlined a new information policy.
Environment
News
New report on problems with forest policy reform
The World Rainforest Movement and Environmental Defense Fund have produced a briefing on the World Bank’s Forest Policy Review and Strategy Development process.
Featured briefings
16 October 2024
The Bretton Woods Observer: Autumn 2024
16 October 2024
The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
16 October 2024
Sustainable development requires sustainable finance: why local currency financing is part of the solution
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.