Search Results for: global infrastructure facility

Environment

News

5 October 2007

Competing to ‘light up’ Africa

The Bank's latest carbon reduction credentials are offset against the institution's continued funding for large-scale, grid-based energy sector loans.

IFI governance

News

5 October 2007

What will Zoellick's World Bank look like?

With an increasing number of commentators asking whether and how the World Bank can remain relevant, chief economist Francois Bourguignon unveiled a draft overview of a 'long-term strategic exercise', and the IEG released an evaluation of the Bank's work in middle-income countries.

IFI governance

News

5 October 2007

New IMF head, same legitimacy problem

French socialist Dominique Strauss-Kahn has been selected to take over as the managing director of the IMF, but he comes in on a wave of displeasure with both the undemocratic system that selected him and the strategic direction of the Fund.

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.

Knowledge

News

1 February 2008

New figures cast shadow over Bank poverty reduction claims

Preliminary recalculations of global economic output excluding differences in domestic prices and currencies, released by the World Bank in mid-December, may undermine the much-trumpeted claims that globalisation has reduced the number of people living in extreme poverty.

Rights

Commentary

1 February 2008 | Guest comment

Whoever loses, the Bank always wins

The World Bank developed its campaign to 'combat' climate change through curbing carbon emissions from deforestation in tropical countries, but nobody noticed that the Bank, through its lending and development policies, has been promoting deforestation in tropical countries like Indonesia.

IFI governance

Background

1 February 2008 | Inside the institutions

The IFIs and Islamic finance

The World Bank Group and the IMF have become more involved in assistance to and oversight of Islamic financial institutions.

Environment

News

1 February 2008

IFC offloads illegal timber trader

the IFC has offloaded its 3.35 per cent equity stake, worth up to $7.5 million in the Singapore-based global commodities trader, Olam International

Private Sector

News

1 February 2008

De Rato in the money

Former IMF managing director Rodrigo de Rato, whose June 2007 announcement that he would resign surprised many, has taken up posts at large private sector banking institutions.

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.