Notes of an IFC update on Dinant financing at the World Bank-IMF annual meetings 2014
Honduras
IFI governance
Background
IFC lending through financial intermediaries - a year on from the action plan, what have we learned?
Notes of a meeting on IFC lending through financial intermediaries at the World Bank-IMF annual meetings 2014
Rights
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.
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
CAO to assess two new Dinant complaints
The Compliance Advisor Ombudsman will assess two new complaints related to the IFC's controversial investment in Honduran palm oil company Dinant.
Private Sector
Analysis
IFC: Learning lessons or institutional amnesia?
In response to the IFC’s shaming over its involvement with Dinant corporation in Honduras, the institution produced a “lessons learned” document. However, it has been rejected by campaigners, who are demanding more fundamental reform.
Finance
Analysis
IFC statements welcome but concrete action needed
Bretton Woods Project response to IFC executive vice president Cai’s Bank blog challenges the IFC’s commitment to address systemic problems.
Private Sector
News
World Bank Group investing in banks before poverty reduction
The World Bank Group invested $36 billion between 2009 and 2013 in the financial sector, three times as much as in education. Investments in financial intermediaries in Honduras and India have been criticised by civil society groups.
Private Sector
News
Civil society letter re: the IFC and lessons learned
A letter from civil society in response to the IFC's lesson learned briefing
Rights
News
IFC publishes new action plan on Dinant issues in Honduras
The IFC publishes an updated action plan on its controversial investment in oil plant company in Honduras.
IFI governance
Background
What does real accountability mean in practice?
Presentations Dr Juan Almendares, Madre Tierra We must compare reason and reality; reason might be…
IFI governance
Background
IFC – Dinant and lessons learned
Presentation by Morgan Landy, IFC on Dinant Atul, IFC We are development institution, E&S importance…