CAO has released another report critical of IFC’s compliance with its own performance standards, highlighting lack of action and continued harm to affected communities.
India
Land
News
Gujarat fishermen sue IFC over Tata Mundra
Fishing and farming communities from Gujarat, India, has filed a lawsuit against the International Financial Corporation.
IFI governance
Analysis
IMF governance: one step forward, one step back
Reform to the IMF’s voting shares shifts some power to emerging countries, but the institution’s leadership selection process remains opaque and undemocratic.
Rights
News
Calls for World Bank safeguards without “policy dilutions”
CSOs have raised concerns about the World Bank’s safeguards review as the next phase of the consultation is set to be launched.
Environment
Analysis
Clean Technology Fund (CTF)
Concerns have been raised about a projected shortfall of resources for the Clean Technology Fund, with an early warning mechanism due to be discussed. Questions were raised about development benefits of a Colombia project and on safeguards for a Vietnam project.
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.
Rights
News
Women’s work: IFIs focus on gender inequalities
New IMF report highlights the impact of legal barriers on women’s employment, as World Bank’s message on gender equality is undermined by the absence of a gender safeguard.
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.
Social services
News
Nigeria water privatisation questioned
Civil society in Nigeria has criticised and called for disclosure of a water privatisation scheme in Lagos involving the World Bank.
IFI governance
Background
Emerging markets in transition: growth prospects and challenges
Notes of a meeting on emerging markets in transition at the World Bank-IMF annual meetings 2014
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
A new dawn for climate investment as Climate Investment Funds sunset?
This week, the Green Climate Fund (GCF) gathers in Barbados for the eighth meeting since its inception.
Featured briefings
12 December 2024
The Bretton Woods Observer: Winter 2024
12 December 2024
Missing in action: accountability is noticeably absent from the World Bank Group’s new Corporate Scorecard
The Corporate Scorecard’s accountability gap is symptomatic of a broader failure on the part of the WBG to fully internalise, integrate and learn from the work of its accountability mechanisms.
16 October 2024