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Guyana

Finance

Analysis

Against regressive taxes and austerity: IMF and World Bank must pivot tax policies to support a just and green transition

This year, 85 per cent of the world’s population lives under austerity measures, while multinational enterprises and the wealthy have benefited from privileged tax structures and regressivity, allowing inequality to widen.

5 April 2023 | Guest analysis

Environment

News

World Bank's oil revenue outlook for Guyana at odds with climate action

Bank’s lofty projections for oil-based growth contradict more sober estimates that account for uncertainty in sector.

13 July 2021

Accountability

News

CSOs raise concerns about conflict of interest related to World Bank technical assistance loan in Guyana

Law firm contracted under World Bank technical assistance apparently backs out after CSOs expose links to ExxonMobil.

16 July 2020
An Artic-bound oil rig in Seattle's Elliot Bay in 2015.

Environment

News

World Bank DPL paves way for offshore drilling in Guyana, despite CSO concerns

Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits

24 July 2018

Environment

Analysis

Forest Investment Program (FIP)

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.

30 November 2016

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.

30 November 2016

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.

13 June 2016

Environment

Analysis

Forest Investment Program (FIP)

The rationale for adding new pilot countries to the Forest Investment Program (FIP) given funding constraints has been questioned, as well as the focus on providing loans rather than grants. The CIF strategic directions paper noted challenges for the FIP, and proposed a new private sector window. Questions were raised about the consultation of ethnic minorities in relation to a Laos project.

13 June 2016
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Other news

Environment

Background

World Bank Group Paris Alignment: Governance & private sector participation in the energy sector

Notes from a Civil Society Policy Forum event on 16 October.

1 November 2019 | Minutes

Environment

News

Guyanese oppose REDD without consultation

Participants reviewing proposed low carbon development strategies and Reduced Emissions from Deforestation and Degradation policies of the World Bank at a workshop on Indigenous peoples' rights, extractive industries and national development policies in Guyana, expressed dissatisfaction with the consultation process indicating that previous concerns were yet to be addressed.

16 April 2010

Social services

News

Guyana sued over nationalisation debt

A British company has taken a case to the International Centre for the Settlement of Investment Disputes (ICSID) seeking

26 November 2002

Finance

News

ESAF-HIPC Link Attacked

Mr Jagdeo, Guayanese Finance Minister, has attacked the IMF for its lack of commitment to debt reduction and using the HIPC Initiative as a means of forcing countries to comply with ESAF programmes.

15 December 1998
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