Notes from a meeting on gender and development during the World Bank spring meetings.
Latin America & Caribbean
IFI governance
Independent Evaluation Group (IEG) update
Panelists: Caroline Heider (Director-General Evaluation and Senior Vice President, IEG, World Bank Group), Edith Jibunoh…
Private Sector
Analysis
New report shows IFC FI investments cause human rights abuses around the world
New evidence from Oxfam, the Bretton Woods Project and other NGOs reveals the impact of IFC investments in financial intermediaries on global human rights.
Environment
News
World Bank support for mining expansion criticised
Criticism of World Bank-supported mining activities in Haiti, Honduras and Armenia reveal that the Bank is still associated with controversial extractives projects.
Gender
News
IEG calls on World Bank for more gender integration
Independent Evaluation Group highlights lack of gender integration in World Bank social safety net projects
Finance
News
UK NGO calls for measures to address unsustainable debt payment risk
Jubilee Debt Campaign’s new report calls for “urgent measures” to “prevent a new debt crisis” highlighting the risk of the ongoing lending boom to impoverished countries as IMF discusses contractual reforms.
Land
News
World Bank targeted over role in land grabs
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.
Environment
Analysis
Clean Technology Fund (CTF)
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.
Environment
Analysis
Pilot Program for Climate Resilience (PPCR)
Funding shortfalls are predicted for the Pilot Program for Climate Resilience (PPCR), as ideas for potential new funding are due to be discussed.
Environment
Analysis
Forest Investment Program (FIP)
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.
Environment
Analysis
Scaling up Renewable Energy Program (SREP)
Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.
Accountability
Analysis
Moving beyond aspirations? IFC still unable to determine the impact of its financial intermediaries investments
A new monitoring report by the Compliance Advisor Ombudsman concludes that the IFC still lacks a mechanism to determine whether its financial intermediaries investments do no harm or have a positive development impact
