Search Results for: global infrastructure facility

Environment

News

1 February 2008

World Bank and power

Calls for the Bank to end its lending for fossil fuels have increased in the aftermath of the 13th conference of the parties of the UN framework convention on climate change in Bali but the Bank has continued to push oil, gas and coal operations.

Private Sector

Analysis

4 December 2007 | At Issue

The International Finance Corporation: Behind the rhetoric

There is evidence that the IFC's financing of small and medium enterprises, almost all of which occurs via financial intermediaries, is under-supervised, and that direct lending is still focused on large companies in emerging market economies with questionable value-added.

IFI governance

Commentary

26 October 2007 | Guest comment

El Banco Mundial y el Gasoducto de África Occidental

Análisis crítico sobre el gasoducto de África Occidental, un proyecto apoyado por el Banco Mundial.

Finance

News

4 December 2007

More Bank 'aid for trade'

Heads of the IFIs were in Geneva in November for a WTO conference to take stock of its aid for trade taskforce.

Finance

Background

4 December 2007 | Inside the institutions

The IMF and financial sector reform

While the World Bank has done a lot of work on financial sector reform, the IMF is also a key actor. Since facing criticism over its lack of understanding of financial markets in the wake of the 1997 Asian financial crisis, the IMF has significantly increased its capacity for analysis of the financial sector.

IFI governance

News

14 December 2007

UK report on its activities at the World Bank

In late November, the UK released its third report on its relationship with the World Bank, disappointing in the coverage and depth of its analysis.

IFI governance

News

4 December 2007

Ungovernable debate over Fund governance reform

With the wait for new leadership at the IMF over and the deadline for a deal on quota reform looming, the hard bargaining over power at the Fund will now begin. Still no end to European dominance of the institution is in site.

Finance

News

4 December 2007

Less carrot, more stick please

As negotiations close over donations to the World Bank's financing arm for low income countries, civil society groups have expressed disappointment over the failure to make progress on conditionality, debt sustainability, allocation or impact assessment.

Environment

News

4 December 2007

Climate contradictions: World Bank sets up shop in Bali

The key role that the World Bank is preparing to play in December's international climate change conference in Bali sits uncomfortably with its continued commitment to fossil fuel funding and failure to make a meaningful shift in its energy lending

Finance

News

4 December 2007

New World Bank financing instruments

Two areas that Robert Zoellick's Bank is likely to focus on are the promotion of risk management instruments, and developing local currency bond markets.