Bretton Woods Project and Oxfam are pleased to invite you to a meeting with leading activists including from Cameroon, India, and Argentina who are visiting London as part of a European lobby tour. 11 March 2014 at 14:30.
India
Land
News
Complaint filed against IFC funded Lafarge mining operation
Khasi indigenous people in Indian state of Meghalaya have filed a complaint with the CAO over illegal land infringement by French multinational Lafarge's Bangladeshi cement plant.
Accountability
News
IFC funded Tata Mundra coal plant to be investigated by ADB
IFC funded 4,000 MW coal plant Tata Mundra in India is to be investigated by ADB for negative social and environmental impacts.
Finance
News
IDA 17 record size, but down in real terms
The World Bank’s December 2013 claim of a record IDA replenishment was undermined by lumping donor loans in with grants and a decline in real terms, while India secured transitional support.
Infrastructure
News
World Bank infrastucture support: "finance as extraction"
While India is pushing for the World Bank’s Global Infrastructure Facility, the US voted against IFC support for a Saudi Arabian corporation linked to coal power and an Inspection Panel case was registered for a Nepal power transmission project. Concerns were also raised on infrastructure projects in India, Nepal and Burma.
Private Sector
Analysis
Croissants and TV guides: World Bank's new poverty reduction strategy?
IFC investments in a TV guide, hotels and online shopping highlight projects with weak development outcomes
Finance
Analysis
The IFIs in 2013: year in review
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.
Infrastructure
Analysis
World Bank courts controversial coal in India and Indonesia
Despite its increasingly strong rhetoric on tackling climate change the World Bank continues to fund contentious coal projects in India and Indonesia, including rejecting the findings of its accountability mechanism.
Private Sector
Analysis
IFC-financed private equity fund implicated in Honduras dam
Amidst new complaints on the failure of the investments of the IFC’s financial sector clients to meet the IFC performance standards, including a controversial dam in Honduras, civil society organisations have rejected the IFC’s proposed action plan as unacceptable.
IFI governance
News
Calls for IMF quota reform implementation
Countries, including Russia and India, have continued to express concerns over the failure to complete the 2010 IMF quota reform.
Private Sector
News
Response letter to World Bank President Dr. Jim Yong Kim re: IFC investment in the financial sector
This letter was written to respond to a World Bank 18 April reply to a March civil society letter about an audit of the International Finance Corporation’s lending to the financial sector. The over 50 groups signed on to the letter believe the IFC’s response is inadequate and urge the Bank's president to insist the IFC do more to address the audit’s findings.
Rights
News
IFC financed tea plantation investigated over human rights violations
An in-depth investigation is currently being taken out by the CAO into human rights violations on IFC financed Tata tea plantations.
