World Bank's due diligence processes highly suspect as it invests a quarter of a billion dollars in Nigerian Seven Energy, where several individuals associated with the company’s flagship contract are now either on the run or charged with money laundering.
CSOs urge investors to divest from private school provider Bridge International Academies; IFC remains investor, despite WDR’s concerns with private education.
Report by global union found privatisation and corporate capture are obstacles to progress on 2030 agenda. Independent research of education PPP trial in Liberia finds unsustainable costs.
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.
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.
A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.
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.
The Inspection Panel's Pilot is criticised for undermining the Panel’s authority, allowing World Bank management to circumvent compliance investigations, and perpetuating existing power imbalances between the Bank, its clients and communities.
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.
Uganda has announced that it will close IFC-backed Bridge Academy private schools due to poor hygiene and sanitation.
As the World Bank closed the third and final round of public consultations on its new draft social and environmental standards, further concerns have been raised about problematic and weak language.
Civil society in Nigeria has criticised and called for disclosure of a water privatisation scheme in Lagos involving the World Bank.
Notes of a meeting on matching money and expertise at the World Bank-IMF annual meetings 2014
Notes on the Civil Society Meeting on the Inspection Panel pilot case in Lagos, Nigeria at the World Bank-IMF annual meetings 2014
Q: How do you train the board? Organise orientation of new Board members, are often…
A case of forced evictions in the Nigerian city of Lagos has been submitted to the World Bank's Inspection Panel.