This briefing analyses the World Bank's Development Policy Financing from a critical gender perspective.
Turkey
Infrastructure
News
Azerbaijani Laundromat to sully Bank’s reputation?
Scandal raises new questions about World Bank loans for Trans-Anatolian Pipeline (TANAP), after civil society previously raised concerns over human rights violations and the negative environmental impact of the project.
Social services
Analysis
World Bank undermines right to universal healthcare
The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.
Infrastructure
Analysis
The rise and fall of World Bank funded megaprojects
The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.
Environment
Analysis
Clean Technology Fund (CTF)
A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.
Environment
Analysis
Climate Investment Funds Monitor 14
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.
Infrastructure
Analysis
World Bank set to finance criticised mega gas pipeline from Azerbaijan to Europe
The World Bank has announced its intention to fund the Azerbaijan and Turkey part of the Southern Gas Corridor to Europe, despite concerns over the geopolitical context and fossil fuel dependency.
Environment
Analysis
Climate Investment Funds Monitor 13
New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.
Other news
Environment
News
Development banks pump more money into Southern Gas Corridor, despite fresh concerns
EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project
Accountability
News
CAO accepts complaint related to MIGA guarantee for TANAP
Complaint is latest in a series of environmental & social concerns raised about Southern Gas Corridor
Rights
Background
The Syrian migration crisis
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.
IFI governance
Background
After SCOTUS: Next steps in sovereign debt restructuring
Notes of a meeting on sovereign debt restructuring after SCOTUS at the World Bank-IMF annual meetings 2014
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
Finance
News
Turkey pays off IMF debt
Turkey discharged its debt to the IMF in May, by paying a final installment of $421 million after decades of loans and stand-by arrangements.
Finance
News
Turkey to repay IMF debts by April
The Turkish prime minister, Recep Tayyip Erdogan, declared in September that "we will cut it [our $1.3 billion IMF debt] to zero by next April", according to Anatolia News Agency.
Social services
News
IMF-sponsored pension reform prompts Turkish strikes
In early March Turkish unions conducted a two hour "warning strike" to protest against IMF-supported plans for pension plan and health insurance reform.