World Bank publishes minor changes to its Doing Business report, addressing only one of the criticisms of an independent panel review while activists continue to highlight the damage done by the rankings.
A letter from civil society in response to the IFC's lesson learned briefing
Civil society groups criticise IFC investments worth hundreds of millions of dollars in mining projects in Guinea, Mongolia and Armenia for potential negative social and environment impact.
IFC invests in another five-star hotel, raising further questions whether its investments lead to positive development outcomes.
The World Bank's April spring meetings saw its first involvement with LGBT rights creating controversy in the media and civil society.
IFC accused of “McDonaldisation” of education, with investment in low-fee private schools, despite evidence of negative impacts on inequality.
World Bank’s Benchmarking the Business of Agriculture rankings are unlikely to benefit the world’s smallholder farmers, but could instead facilitate corporate land grabs.
The World Bank Group invested $36 billion between 2009 and 2013 in the financial sector, three times as much as in education. Investments in financial intermediaries in Honduras and India have been criticised by civil society groups.
2010 agreement to reform IMF voting shares in favour of developing countries flounders as IMF governance reforms blocked by US Congress, again. Developing countries expressed anger and raised concerns about the Fund’s ability to deal credibly and effectively with new and ongoing financial crises.
Recent media articles on the IMF and the World Bank, recommended by the Bretton Woods Project
IFC staff and NGO representatives discussed financial intermediaries lending in a closed door meeting on Sunday 13 April.
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.
