Search Results for: global infrastructure facility

Rights

Commentary

29 September 2008 | Guest comment

World Bank legitimising illegal Israeli occupation of West Bank

The Bank's approach to development in Palestine hinges on the full acceptance of the status quo - e.g. continued occupation and the presence of the settlements and the wall - as well as joint projects that impose PNA-Israeli cooperation, often with a third international partner. Politically, these development projects threaten to legitimise Israeli claims in regards to the wall, Jerusalem, land annexation and settlements that have resulted in the fragmentation and ghettoisation of the West Bank

Environment

News

29 September 2008

'No regrets': The World Bank and climate change

The World Bank has just finished consultations on a new strategic framework for its climate change work, which has one common thread: a massively increased role for the Bank. Yet there is little reflection on the reasons why the Bank's record in this area is so poor, as detailed by a number of recent reports.

Land

News

26 September 2008

The World Bank and IMF response to the food crisis

Although conditions attached to food and fuel crisis lending are somewhat lighter, the Bank and the Fund should turn the crisis into an opportunity to learn that finance can be granted without the usual strings attached.

Environment

News

29 September 2008

Bank pushes ahead on forest carbon market

In July, the Bank named the first 14 countries for the controversial Forest Carbon Partnership Facility

Environment

News

29 September 2008

'Climate bank' or 'fossil fuel bank'?

Analysis of the investment figures from the most recent fiscal year once again cast doubt on whether the World Bank Group is willing to give up its addiction to fossil-fuel projects that spur climate change.

IFI governance

News

29 September 2008

Bank plays blocking game in Accra aid negotiations

The influence of the World Bank was felt in Accra when developing countries and donors met at a resplendent conference centre for the recent High Level Forum on Aid Effectiveness.

Finance

News

29 September 2008

Financial crisis: IMF chases its own tail

As global finance dries up and economic markets crash, criticisms mount of the IMF and its inability to convince its largest members to curb speculation or better regulate the financial sector.

IFI governance

Background

30 September 2008 | Minutes

UK NGO meeting with the Secretary of State for International Development, on the World Bank

Summary of meeting: the main agenda items were (1) World Bank governance; and (2) Climate change.

Accountability

Background

26 September 2008 | Inside the institutions

IFC advisory services

The advisory services (AS) department of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, has grown rapidly since its establishment in 1986 and is seen by the IFC as one factor that distinguishes them from other financiers.

Accountability

News

26 September 2008

The World Bank and water privatisation: public money down the drain

Though the World Bank may be changing its formerly dogmatic approach to full privatisation of the water sector, key cases in Tanzania, Armenia, Zambia and India highlight that the Bank may not be learning quickly enough and that the poor may be left both without improved water and paying for botched privatisations.

IFI governance

News

17 June 2008

IFC's intermediaries neglect environment: evaluation

The Independent Evaluation Group found 'high development outcomes' in approximately two-thirds of projects funded by IFC-financed financial intermediaries (FI) which serve micro, small and medium enterprises.

Environment

News

17 June 2008

Donor cartel undercuts finance for renewables

The World Bank and donors have finalised the design of the climate investment funds (CIFs) despite continued complaints over their governance and worries over their investment in non-renewable energy.