Voting rights

IFI governance

News

Senior Bank environment post kept after NGO letter

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).

15 September 1998

IFI governance

News

Towards a partnership Bank?

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.

15 September 1998

IFI governance

News

Blair proposes IFI reforms

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.

15 September 1998

IFI governance

News

Bank builds muscle to deal with crises

The Bank will spend $50m over the next two years recruiting financial sector experts for a new Special Financial Operations unit.

15 April 1998

IFI governance

News

World Bank Plans Profitable CO2 Trading

The Kyoto climate change meeting in December brought together ministers from 160 countries to agree binding restrictions on greenhouse gas emissions.

15 January 1998

IFI governance

News

Dams Commission Nears Agreement

The World Commission on Dams, looks likely to start operations this Spring.

15 January 1998

IFI governance

News

NGOWG Restructuring

The NGO World Bank Working Group is in the process of restructuring to become more regional and more representative.

15 January 1998

IFI governance

News

Counter Summit Plans

The world’s richest countries’ annual summit will take place in Birmingham, UK, this year from 15-17 May.

15 January 1998

IFI governance

News

Good Governance for BWIs

The IMF and World Bank should reform their constitutional rules and decision-making procedures and practices if they are to achieve the standard of good governance they themselves have defined for borrowing members.

15 January 1998