CSO fear World Bank board will compromise, undermining Inspection Panel powers.
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
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'
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
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.
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.
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
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.
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'
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.
