Implementation in full of the independent review of IFC, MIGA and CAO is essential if institutions are to meet persistent accountability and remedy gaps.
India
Knowledge
News
As World Bank pauses Doing Business Report, pressure mounts for it to be permanently scrapped
Civil society, trade unions and academics call for permanent end of Doing Business Report as World Bank suspends its publication due to data irregularities.
IFI governance
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.
IFI governance
Analysis
Spring Meetings 2020 wrap-up: Will this change everything? Apparently not…
Analysis of this year's World Bank and IMF Spring Meetings: With international response to Covid-19 mired in geopolitical manoeuverings and resistance to systemic change, calls for alternatives grow.
Knowledge
Analysis
Ease of Doing Business – what does it conceal?
As India has risen in the World Bank's Ease of Doing Business rankings, it has seen other key development indicators slip.
Infrastructure
Analysis
Local communities oppose planned dam construction supported by World Bank in Manipur
World Bank supports hydropower building spree in Manipur, threatening local communities’ livelihoods in the process.
IFI governance
News
Board decision could signal “vote of no confidence” in Inspection Panel
CSO fear World Bank board will compromise, undermining Inspection Panel powers.
Accountability
News
US Supreme Court rules against World Bank’s claim of absolute immunity
US Supreme Court rejects IFC's immunity from suits in the US in landmark case
Knowledge
News
Doing Business 2019: World Bank’s tunnel vision obscures calls for reform
The Doing Business Report 2019 criticised by civil society over its promotion of deregulation and low business tax.
Environment
News
As climate crisis bites, World Bank further distances itself from coal
International Finance Corporation announced new ‘green equity’ policy to encourage financial intermediaries to divest from coal, while Bank pulled plug on mooted Kosovo coal project.
Accountability
News
US Supreme Court hears oral arguments on challenge to IFC’s absolute immunity
Plaintiffs make case for ending IFC's 'absolute immunity'
