India

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.

3 October 2019
Tata Mundra power plan in Gujarat, India.

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

4 April 2019

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.

30 July 2019

Accountability

News

US Supreme Court hears oral arguments on challenge to IFC’s absolute immunity

Plaintiffs make case for ending IFC's 'absolute immunity'

6 December 2018

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.

6 December 2018

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.

6 December 2018

IFI governance

News

Inspection Panel and Compliance Ombudsman Advisor reviews: Will World Bank fill the half-empty glass?

Civil society press for review of Inspection Panel and Compliance Advisor Ombudsman to result in reserve funds, community-led monitoring systems and greater power for accountability mechanisms.

6 December 2018

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.

27 September 2018
Mundra coal-fired power plant at Mundra, Gujarat, India. Credit Nizil Shah

Accountability

News

US Supreme Court to hear case challenging IFC’s claim to absolute immunity

Court's decision on IFC’s legal immunity in the Tata Mundra coal-fired power plant case will set important precedent

26 July 2018

Social services

News

CSOs urge IFC to divest from for-profit school chain

CSOs urge investors to divest from private school provider Bridge International Academies; IFC remains investor, despite WDR’s concerns with private education.

27 March 2018

Accountability

News

Indian fishing communities petition US Supreme Court to hear case against IFC

Indian fishing communities that claim to have been harmed by IFC investments seek to challenge its 'absolute immunity'

30 April 2018

Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.

8 December 2017 | At Issue