Action plan launched by Bretton Woods Institutions and other IFIs ignores role of corporatisation of agriculture in contributing to current crisis.
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India
Accountability
Analysis
Ending “absolute immunity” for the International Finance Corporation: The legacy of Jam v. IFC
EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.
IFI governance
Analysis
IMFC communiqué analysis – Spring Meetings 2021
Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.
Finance
Analysis
G20 communiqué analysis – Spring Meetings 2021
Analysis of the G20 communiqué published on 7 April from the 2021 World Bank and IMF virtual Spring Meetings.
IFI governance
Analysis
G24 communiqué analysis – Spring Meetings 2021
Analysis of the G24 communiqué released on 5 April from the 2021 virtual World Bank and IMF Spring Meetings.
Land
Analysis
India’s new farm laws mirror international financial institutions’ vision of agriculture
Thousands of Indian farmers protest damaging World Bank and IMF-supported reforms to agriculture laws.
Finance
News
Evaluation finds IMF advice on capital controls lacking empirical support
IMF’s Independent Evaluation Office suggests that Fund guidelines are too restrictive and recommends a refresh in light of recent experience and research.
Accountability
Analysis
IFC and MIGA must ‘walk the accountability walk’ on the road mapped by independent review
Implementation in full of the independent review of IFC, MIGA and CAO is essential if institutions are to meet persistent accountability and remedy gaps.
Other news
Social services
News
Civil society hails IFC’s divestment from for-profit education provider Bridge International Academies
The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.
Social services
News
Global Day of Action against the IMF and World Bank rejects corporate recovery agenda
Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.
Social services
News
Malpass makes World Bank a pariah with opposition to TRIPS waiver
World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines
Environment
Background
Why climate transition risks are macro-critical: The IMF and enabling a green recovery
Notes from the virtual Civil Society Policy Forum event on 30 March.
Accountability
News
Struggle for IFC accountability for Tata Mundra continues despite landmark immunity ruling
IFC continues to avoid responsibility for its investments in Tata Mundra coal power plant as US federal court rules that harmful acts took place outside the United States.
Rights
News
IFC announces changes to environmental and social framework after loss of immunity in the US
IFC announces changes to environment and social safeguards after historic United States Supreme Court ruling.
Accountability
News
US Supreme Court hears oral arguments on challenge to IFC’s absolute immunity
Plaintiffs make case for ending IFC's 'absolute immunity'
Land
News
Potential Inspection Panel probe of Amaravati 'land grab' allegations deferred again
Panel received request to investigate allegations related to proposed World Bank loan in 2017.
