Notes of a meeting on governance and impact report 2014 at the World Bank-IMF annual meetings 2014
East Asia & Pacific
IFI governance
Background
Emerging markets in transition: growth prospects and challenges
Notes of a meeting on emerging markets in transition at the World Bank-IMF annual meetings 2014
IFI governance
Background
CSO land rights and resettlement
Notes of a meeting with CSOs on land rights and resettlement at the World Bank-IMF annual meetings 2014
Knowledge
News
Who’s poor? New estimates of PPPs led to halving of World Bank’s poverty numbers
A May World Bank-led statistical operation has used a new method to estimate purchasing power parities, allowing it to more than halve the estimated number of people living on below $1.25 per day.
Rights
Commentary
Dangers of dilution: World Bank’s new weak environmental and social framework
World Bank’s new draft environmental and social framework is criticised as a step backwards that could lower the standards for the international development community.
Accountability
Analysis
Conflict-affected states, IFC’s final frontier
The IFC is set to expand operations in fragile and conflict-affected states such as Burma, despite indications that systemic problems identified in Honduras persist.
Private Sector
News
“Affordable hotels”: IFC’s luxury development projects
IFC investments in Burma hotels have been criticised for weak poverty reduction impact. IFC claims that investment in luxury hotels in India will provide “affordable hotels”.
IFI governance
News
Accountability mechanism strongly criticises IFC loan to Honduran bank
An audit by the IFC’s accountability mechanism says the IFC failed to adequately address environmental and social risks when it approved a $70 million loan to Honduran bank Ficohsa.
Rights
News
Consultation launched on new draft World Bank safeguards
The World Bank has released a first draft of its new safeguards framework for consultation, despite concerns from civil society organisations and indigenous peoples groups.
IFI governance
Analysis
A major political move: the BRICS launch the New Development Bank and a reserve arrangement
A new article, co-written by Eurodad and the Bretton Woods Project, analyses the BRICS' newly launched bank and reserve arrangement.
Environment
Analysis
World Bank forests projects under fire
World Bank continues to strongly back REDD+ forest projects, which have been criticised for not consulting indigenous peoples or respecting land rights.
Environment
News
World Bank funded mines threatening livelihoods
Civil society groups criticise IFC investments worth hundreds of millions of dollars in mining projects in Guinea, Mongolia and Armenia for potential negative social and environment impact.
