Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

Funding shortfalls are predicted for the Pilot Program for Climate Resilience (PPCR), as ideas for potential new funding are due to be discussed.

Environment

Analysis

Scaling up Renewable Energy Program (SREP)

Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.

Rights

News

CSOs stage walk-out over World Bank’s safeguards

Protesters demonstrated their frustration with the new draft safeguards framework by walking out of a World Bank consultation, as an extension is announced to the second phase of the consultation process.

Finance

Analysis

Ghana and the IMF – a window into Africa’s future?

Ghana's recent turn to the IMF raises questions about the 'Africa rising' narrative and may signal a stronger role for the Fund in the region.

Private Sector

News

Shopping mall Shangri-La: IFC’s lending for luxury

IFC investments in luxury hotels and shopping malls highlight projects with weak development outcomes.

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

Chapter of CIFs Monitor 8 on the Pilot Program for Climate Resilience (PPCR)

Environment

Background

The economic case for climate action

Minutes from a World Bank/IMF seminar on climate change during the World Bank/IMF annual meetings 2013.

Finance

News

Bank upgrade of Zambia fails to impress

The World Bank's reclassification of Zambia from low-income country to lower middle-income country has been hailed as an economic achievement by Zambia's president Rupiah Banda, but is less celebrated in other quarters.

Rights

News

Bank paying workers poverty wages

Union Network International (UNI) is fighting the World Bank to ensure that their security workers are paid just wages.

Environment

News

Zambian copper boom fails to alleviate poverty

Despite the boom in the global copper price, communities on the copper belt in Zambia have not seen the development gains they were promised and are now expressing frustration through strikes, protests and the ballot box.

Conditionality

News

IMF wants tax on mosquito nets in Zambia

The IMF provoked public ire in Zambia by asking the government to remove value added tax exemptions on a range of goods, including mosquito nets used to fight malaria.

Conditionality

News

Moving the goalposts: Zambia’s misery prolonged

Despite intensive efforts to implement the necessary conditions, Zambia has been told that it will have to wait even longer for debt relief.