A July presentation on the safeguards review included parts of a proposed integrated framework and next steps. A July report by Human Rights Watch called on the Bank to ensure it does not contribute to human rights abuses.
Minutes of CSO meeting with Stewart James, UK Alternate Executive Director to the World Bank, 15 July 2013
Drawing on case studies, reports and evaluations, Bruce Rich paints a picture of a Bank still inflicting suffering on vulnerable populations, and calls on Bank president Jim Yong Kim to show real leadership so that the Bank can learn from experience rather than flee from it.
The World Bank, in conjunction with the G20, is reinvigorating its infrastructure focus, paying particular attention to leveraging resources from the private sector and investing in fragile and conflict affected states. It announced a return to big hydropower projects, despite continued concerns about projects in the Democratic Republic of Congo, Guatemala and Uganda.
As the World Bank's attention moves from goal-setting to implementation of a new strategy, it is becoming clear that it intends to further prioritise the role of the private sector and adopt many practices of its private sector arm, the International Finance Corporation (IFC), as the main pillars for the whole group.
While the World Bank's leadership is further embracing private equity funds, the IFC's investment in financial intermediaries is again hitting the headlines over allegations of 'land grabs' in South East Asia and lack of respect for indigenous people's rights in Honduras.
US NGOs International Accountability Project and Center for International Environmental Law have launched a new Early Warning System to alert communities to projects funded by multilateral development banks that may have a negative impact on human rights.
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
Thank you for your email letter addressed to Dr. Jim Kim, President of the World Bank Group, dated 12th March 2013, and your clarifying email of 27th March, relating to IFC investments in the financial sector. In this regard, following Dr Kim's response to you, he has asked us to provide a detailed response to your messages.
IFC has responsed to a letter from a number of NGOs sent to President Kim. These notes are from a 19 April 2013 meeting at IFC headquarters in Washington DC.