In September over 50 NGOs from 15 countries made recommendations to the World Bank on the environment.
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The G7 has agreed to the G22 Working Group on Transparency and Accountability’s recommendation to establish a formal mechanism to evaluate IMF policies and programmes, but it is not clear what form this will take.
A refreshing new World Bank discussion paper frankly recognises that aid agencies are not cooperating effectively, and that mechanisms such as Consultative Groups and the Bank’s internal culture need to change.
UK Prime Minister Tony Blair made a speech at the New York Stock Exchange arguing that the World Bank and IMF have fundamental weaknesses and need to be reformed.
MIT Press has just published a fascinating analysis of efforts to change the World Bank.
The World Bank has established an East Asia Crisis working group to tackle some of the social aspects of the financial crisis.
A joint NGO letter recently helped prevent a plan by World Bank Managing Directors to axe the Environmentally and Socially Sustainable Development Vice Presidency (ESSD).
The Bank will spend $50m over the next two years recruiting financial sector experts for a new Special Financial Operations unit.
The Kyoto climate change meeting in December brought together ministers from 160 countries to agree binding restrictions on greenhouse gas emissions.
The World Commission on Dams, looks likely to start operations this Spring.