As the IFC increases investments in for-profit, commercial education, CSO RESULTS finds this marginalises the poor and calls on the IFC to enhance free public education instead.
Kenya
Social services
Analysis
World Bank undermines right to universal healthcare
The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.
Finance
News
CSOs refuse to participate in World Bank PPP consultation
CSOs have refused to participate in a World Bank PPP consultation until transparency and accountability concerns are addressed.
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.
Environment
Analysis
Scaling Up Renewable Energy Program (SREP)
A new a new Enhanced Private Sector Program for the Scaling up Renewable Energy Program in Low Income Countries (SREP) is due to discussed. Cambodia’s investment plan has been approved. Social, environmental and financial risks related to a Nicaragua geothermal project were raised.
Environment
Analysis
Climate Investment Funds Monitor 14
New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.
IFI governance
Background
Equity, inclusion and education: Examining evidence on low-fee private schools
Notes from a side event on privatisation of education and low-fee private schools, which took place during the World Bank-IMF 2016 annual meetings.
Finance
News
IMF increasing its influence in sub-Saharan Africa
As the world economy continues to stutter, many sub-Saharan African countries are turning to the Fund for financial support, though the Funds are coming with strict conditions to restrict spending.
Social services
News
Uganda to close IFC partner’s schools
Uganda has announced that it will close IFC-backed Bridge Academy private schools due to poor hygiene and sanitation.
Rights
Commentary
Lessons from Kenya: Why the World Bank must apply the Indigenous Peoples Policy consistently
The World Bank’s support for a Kenya electricity programme is criticised for failing to comply with its Indigenous Peoples Policy, with implications for the Bank's future lending and the safeguards review.
Social services
News
IFC-pushed private education investment model criticised by UN
Two UN committees and a special rapporteur have questioned development aid funding going to private education, including through IFC supported Bridge International Academies.
Environment
Analysis
Climate Investment Funds Monitor 13
New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.
