Six new countries were invited to join the Forest Investment Program (FIP), with a further nine invited to develop investment plans, despite insufficient funds. Potential support for oil palm plantations in Democratic Republic of Congo and industrial logging in Indonesia and Peru were questioned.
Options for potential new funding for the Forest Investment Program have been further elaborated, including priority rankings for current and potential new pilot countries, however, funding constraints remain and many current projects continue to be delayed.
Notes from a meeting on income inequality during the World Bank spring meetings.
A letter from civil society in response to the IFC's lesson learned briefing
As activists staged global protests highlighting the potential damage from new World Bank agriculture rankings, Cambodian groups expressed concerns over reports that the Bank is considering resuming loans to Cambodia.
Clean Technology Fund (CTF) funding approvals continue to rise, including private sector projects for geothermal energy. Revisions for investment plans were approved for Nigeria and the MENA region, with Libya added as a new country.
Disbursement of funds continues to be slow in the Forest Investment Program (FIP). The World Bank has responded to civil society groups’ criticism over the lack of consultation for FIP plans in Indonesia.
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.
Updates on the Clean Technology Fund (CTF) from CIFs Monitor 9
The IMF facilities review reveals a lack of demand for post 2008 financial crisis lending instruments.
The recently announced four-year programme of the World Bank for Mexico overstates the involvement of civil society and fails to address the real causes of poverty.
In November Mexican civil society networks greeted incoming president, Vincente Fox, with a letter calling for greater transparency and accountability in the country’s decision making processes.
