As inequality in Asia continues to deepen, civil society renews calls for IMF and World Bank to be held accountable for exacerbating inequality.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.
New report provides evidence that IFC investments in financial intermediaries (FIs) support the construction of coal power plants in contradiction to World Bank policy and IFC statements that FI lending is ring-fenced and does not support coal.
Pipeline management and cancellation policies are in preparation for the Pilot Program for Climate Resilience (PPCR) to address funding constraints, with no funding available for new pilot countries’ projects. Questions were raised about gender impacts for a renewable energy project in Mozambique.
Challenges in measuring progress were noted for the Forest Investment Program (FIP), in particular greenhouse gas accounting. Investment plans for Mozambique and Ivory Coast have been approved. Questions were raised over the reasoning for a commercial teak plantation project in Ghana.
A new a new Enhanced Private Sector Program for the Scaling up Renewable Energy Program in Low Income Countries (SREP) is due to discussed. Cambodia’s investment plan has been approved. Social, environmental and financial risks related to a Nicaragua geothermal project were raised.
New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.
Evictees and affected families of Cambodia's Boeng Kak and Borei Keila neighborhoods have called on the World Bank to leave Cambodia, as lending programme resumes.
Civil society organisations have called on the World Bank to support the needs of evicted Boeung Kak families before resuming new lending to Cambodia.
Notes of a meeting on IFC lending through financial intermediaries at the World Bank-IMF annual meetings 2014
Notes of a meeting with CSOs on land rights and resettlement at the World Bank-IMF annual meetings 2014
An IFC-linked Vietnamese rubber plantation company agreed to temporarily suspend activities in three Cambodian plantations, but activists urged the company to cease its activities in all communities.
A letter from civil society in response to the IFC's lesson learned briefing
Minutes from a side event with the World Bank safeguards team presenting an update on the review process during the World Bank/IMF annual meetings 2013.
Highlights of a seminar on the new aid architecture in health as part of the Programme of Seminars on 19 October at the World Bank-IMF annual meetings 2007.