Search Results for: global infrastructure facility

Environment

News

1 April 2008

World Bank climate funds: "a huge leap backwards"

The recently proposed climate investment funds to be administered by the World Bank are under heavy fire for proposing a governance structure that replicates the inequities of the Bank's board and undermines the UN climate framework.

Finance

News

1 April 2008

New Bank financial products

In March the Bank approved a new lending facility to give middle-income countries immediate access to emergency funds in the event of a natural disaster.

IFI governance

Background

22 February 2008 | Minutes

BWI-UK / UKAN workshop on World Bank strategic review

Highlights of a 13 February 2008 UK NGO workshop discussing elements of the World Bank's long-term strategic review.

Infrastructure

News

1 April 2008

Rural electrification: "financial viability" over welfare

A recent evaluation by the World Bank's Internal Evaluation Group on the welfare impact of rural electrification finds that only seven per cent of dedicated World Bank rural electrification projects have an explicit poverty reduction objective.

Environment

Commentary

1 April 2008 | Guest comment

Camisea and the World Bank: A lost opportunity to make things better

Several weeks ago the International Finance Corporation (IFC) of the World Bank approved a loan for Camisea II in Peru, the project to export liquefied natural gas. Even though concerns had been raised about this project over environmental, social and now economic issues, the IFC did not hesitate to provide a loan for the Lot 56 consortium operated by Hunt Oil (Peru NLG).

IFI governance

News

1 April 2008

2008 World Bank-IMF spring meetings schedule

Tentative schedule of the World Bank-IMF spring meetings in Washington, April 12 - 13, 2008.

Social services

Background

1 April 2008 | Inside the institutions

The World Bank and health

In the last five years the global system for channelling development finance to the health sector has changed radically, causing the Bank to seriously re-examine its role in health finance. This article covers the who, what, where and how much of the World Bank's work with in the health sector.

Environment

News

1 April 2008

World Bank strategic review kicked into long grass

Since president Robert Zoellick announced his six "strategic themes" for the Bank at the annual meetings in 2007, Bank watchers have been trying to decipher what this means for a planned strategic review.

IFI governance

News

1 April 2008

IMF governance renovations: fresh paint while foundations rot

The shareholders of the IMF have squandered the political will for governance reform of the institution by making marginal changes that will fail to shift the balance of power.

Finance

News

1 April 2008

IFC challenges highlighted in the Middle East

The International Finance Corporation, the private sector arm of the World Bank, is rapidly increasing its investment in the Middle East, raising questions about the development value of its activities. A Norwegian study of the IFC's Doing Business indicators questions the usefulness of the index to making real-life improvements to a country's business environment.

IFI governance

News

1 April 2008

World Bank and procurement: Development tool or TNC sop?

A new study on the Bank's push for procurement reform suggests that a narrow focus on value for money may undermine the ability of governments to use procurement as a tool for development; meanwhile US and European corporate lobbyists continue to pressure the Bank to go slow on the use of developing countries' own procurement systems.

Finance

News

1 April 2008

IFIs foot dragging on key debt issues

The IFIs are struggling to catch up to global debates on odious debts and responsible financing; have failed to take action on vulture funds; and have been dragging their feet on debt relief programmes for Haiti and Liberia.