Search Results for: global infrastructure facility

Environment

News

1 April 2008

World Bank strategic review kicked into long grass

Since president Robert Zoellick announced his six "strategic themes" for the Bank at the annual meetings in 2007, Bank watchers have been trying to decipher what this means for a planned strategic review.

IFI governance

News

1 April 2008

IMF governance renovations: fresh paint while foundations rot

The shareholders of the IMF have squandered the political will for governance reform of the institution by making marginal changes that will fail to shift the balance of power.

Finance

News

1 April 2008

IFC challenges highlighted in the Middle East

The International Finance Corporation, the private sector arm of the World Bank, is rapidly increasing its investment in the Middle East, raising questions about the development value of its activities. A Norwegian study of the IFC's Doing Business indicators questions the usefulness of the index to making real-life improvements to a country's business environment.

IFI governance

News

1 April 2008

World Bank and procurement: Development tool or TNC sop?

A new study on the Bank's push for procurement reform suggests that a narrow focus on value for money may undermine the ability of governments to use procurement as a tool for development; meanwhile US and European corporate lobbyists continue to pressure the Bank to go slow on the use of developing countries' own procurement systems.

Finance

News

1 April 2008

A taxing agenda for the IMF

The irony of the IMF giving a passing grade to Liechtenstein on money laundering in the same month that Germany launches a massive investigation into tax evasion based in the Alpine country shows that the Fund has a lot of work to do if it wants to help clamp down on illicit flows.

Environment

News

1 April 2008

World Bank climate funds: "a huge leap backwards"

The recently proposed climate investment funds to be administered by the World Bank are under heavy fire for proposing a governance structure that replicates the inequities of the Bank's board and undermines the UN climate framework.

Infrastructure

Analysis

2 April 2008 | At Issue

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical pr

IFI governance

Background

10 April 2008 | Minutes

Briefing on the new IFC-IDA Secretariat

Notes from a briefing by World Bank staff on the new IFC-IDA joint secretariat

Environment

Background

11 April 2008 | Minutes

Macroeconomic and fiscal implications of climate change and the policies to address it

A briefing by IMF economists at the spring meetings 2008.

IFI governance

Background

11 April 2008 | Minutes

Briefing on the World Bank's Six Strategic Themes

Minutes of a briefing by World Bank staff on the WBG's six strategic themese

Gender

News

17 June 2008

Rethinking the IFIs' roles in conflict states

A new report from NGO International Alert draws lessons for the Bank's work from its experience in Burundi, Nepal and the DRC. The IMF is struggling to decide how to engage in conflict-affected states.

Infrastructure

Background

17 June 2008 | Inside the institutions

The World Bank and transport

Given that the World Bank's primary activity in its first decades of operation was financing infrastructure projects, the fact that the transport sector is the single largest sector for Bank lending should come as no surprise. However with the prevalence of concerns about underinvestment in social sectors, transport lending was on the decline in the late 90s and early part of this century. Now the pendulum is swinging back and transport sector lending is on the rise in both the public and privat