World Bank and IFC continue promoting false solutions to climate and environmental emergency, helping extractive companies greenwash their environmental impacts.
Guinea
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.
Land
Analysis
IFC investments implicated in land grabs in Africa
IFC investments through financial intermediary investments linked to land grabs and displacement in Africa. CSOs critique proposed changes to IFC lending policies.
Infrastructure
Analysis
The rise and fall of World Bank funded megaprojects
The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.
Social services
Analysis
GFF falls short on family planning
Investments by the World Bank-hosted Global Financing Facility (GFF) do not reflect the family planning priorities identified by developing countries and local communities. The GFF also continues to suffer from a lack of transparency and meaningful civil society participation, raising doubts about the new mechanism’s effectiveness.
Infrastructure
Analysis
World Bank pitches mining to drive energy investment in Africa
A World Bank report calling for closer collaboration between mining and energy companies in Africa is criticised for underplaying risks and neglecting more efficient energy options for the poor.
Social services
Analysis
The IMF’s role in the Ebola outbreak
IMF conditionalities attached to loans to Liberia, Sierra Leone and Guinea drained health services, damaging countries’ ability to handle the recent Ebola crisis.
Environment
News
World Bank funded mines threatening livelihoods
Civil society groups criticise IFC investments worth hundreds of millions of dollars in mining projects in Guinea, Mongolia and Armenia for potential negative social and environment impact.
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.
Land
News
Guinean communities’ complaint against IFC-financed bauxite mine enters dispute resolution
CAO convenes process after February complaint alleged land grabbing, negative livelihood impacts.
IFI governance
Background
Ebola debt relief – Implications and next steps
Notes from a meeting on Ebola during the World Bank spring meetings.