Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
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Nigeria
Gender
Analysis
The IMF and Gender Equality: Operationalising Change
Latest IMF guidance on gender issues raises more questions than answers as it opens the door to impact assessments and alternative macro policies.
Environment
Analysis
World Bank's investment in Seven Energy in Nigeria once again calls Bank's due diligence into question
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.
Social services
News
CSOs urge IFC to divest from for-profit school chain
CSOs urge investors to divest from private school provider Bridge International Academies; IFC remains investor, despite WDR’s concerns with private education.
Social services
News
World Bank’s cascade into education: Liberia’s public-private partnership
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.
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.
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
Clean Technology Fund (CTF)
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.
Other news
Social services
News
Lagos water rights summit rejects World Bank privatisation
World Bank water privatisation push in Africa criticised by civil society that are calling for a rights-based approach.
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.
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
News
World Bank’s proposed standards “gravely weaken” investment safeguards
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.
Social services
News
Nigeria water privatisation questioned
Civil society in Nigeria has criticised and called for disclosure of a water privatisation scheme in Lagos involving the World Bank.
IFI governance
Background
Matching money and expertise: ensuring conflict sensitivity is top of the agenda for the bank's fragile state financing
Notes of a meeting on matching money and expertise at the World Bank-IMF annual meetings 2014
IFI governance
Responding to people’s grievances by piloting an early solutions approach: Nigeria Lagos case
Notes on the Civil Society Meeting on the Inspection Panel pilot case in Lagos, Nigeria at the World Bank-IMF annual meetings 2014
IFI governance
Background
CSOs - Inspection Panel meeting and discussion
Q: How do you train the board? Organise orientation of new Board members, are often…
