New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
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Sub-Saharan Africa
Rights
Analysis
World Bank reparations demanded for murder of frontline South African anti-coal activist
Community demands reparations from World Bank for murder of South African environmental activist Fikile Ntshangase for opposing the Tendele coal mine initially financed by IFC.
Rights
News
Unions raise alarm over alleged retaliatory firing at IFC-financed Guinea hotel
IFC accused of violation of performance standards after alleged retaliatory action against workers.
Environment
News
Eni files ICSID arbitration request linked to controversial Nigeria oil deal
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
Rights
Analysis
Repairing harm caused: What could a reparations approach mean for the IMF and World Bank?
It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.
Social services
Analysis
World Bank funded $17.3 million Uganda reproductive health voucher PPP fails to reach the poorest women
World Bank backs private sector voucher project in Uganda as poorest women lose out.
Environment
News
World Bank and IMF lend support to mega-gas project in Mozambique, undeterred by growing risks
Despite growing focus on climate issues, both institutions have backed controversial Mozambique LNG project.
Finance
Analysis
World Bank’s rating obsession will negate debt justice
The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.
Other news
Environment
News
MIGA considering support for Guinea’s Nimba mining project in UNESCO heritage site
The Mount Nimba nature reserve has been listed as a World Heritage site since 1981 but classified as "in danger" since 1992, in part due to the threat of iron-ore mining.
Social services
News
World Bank abandons pandemic bond instrument after disastrous Covid-19 response
World Bank’s pandemic bond instrument scrapped after high visibility Covid-19 failure
Conditionality
News
World Bank power sector loan in Nigeria raises energy costs as economic crisis bites
As Nigeria enters a deepening economic recession, a $750 million World Bank programme for results (P4R) loan has resulted in increased electricity tariff rates for most Nigerians.
Social services
Background
World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19
Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.
Finance
Background
Covid-19 and debt: Going beyond debt suspension towards a systemic response to debt crises
Notes from the virtual Civil Society Policy Forum 28 September Session at the IMF and World Bank 2020 Annual Meetings on Covid-19 and debt.
Accountability
News
IFC accountability mechanism investigates World Bank-funded for-profit schools
CAO initiates investigation following complaint related to IFC-funded Bridge International Academies in Kenya.
Gender
Background
Advancing a feminist approach to women's economic inequality
Notes from the Civil Society Policy Forum panel event on 16 October on women's economic inequality and macroeconomic policy.
Environment
Background
World Bank Group Paris Alignment: Governance & private sector participation in the energy sector
Notes from a Civil Society Policy Forum event on 16 October.
