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.

IFI governance

Analysis

4 February 2008 | Review

The IFIs in 2007: year in review

2007 will certainly go down in the annals of the IFIs as an annus horribilis. But a bad year for the IFIs has meant a relatively good year for developing country policy space.

Environment

Analysis

4 February 2008 | At Issue

Is the Bank's carbon markets approach an effective way to address climate change?

The World Bank's involvement in the carbon market is under hot debate: Janet Redman from the Institute for Policy Studies opposes its approach while Jon Sohn, from Climate Change Capital argues that there is a role for the Bank to play.

Environment

Background

18 February 2008 | Minutes

Highlights of BWI-UK network meeting with Caroline Sergeant, 7 February 2008

Highlights of NGO meeting with alternative executive director to the World Bank, Caroline Sergeant

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

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.

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.

Conditionality

Commentary

4 December 2007 | Guest comment

IMF flees Bangladesh

An IMF mission visited Dhaka in September 2007 to sign a PSI and put another chain around the country's neck. But the people of Bangladesh did not behave as the mission expected. They said a loud “NO” to the IMF mission.