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Infrastructure

Analysis

2 July 2007 | At Issue

At the crossroads: Which way the World Bank's transport strategy?

Following an IEG evaluation of the World Bank's work in transport, and delays in the release of a new Bank transport strategy, Public World director Brendan Martin asks what the Bank has learned. With spending on transport likely to increase, what direction will the Bank's transport projects take from here and who is in the driver's seat?

Rights

News

2 July 2007

Upcoming conferences and events

Upcoming conferences and events

Environment

News

2 July 2007

World Bank: avoiding deforestation but violating rights?

Alarm bells are being rung about 'avoided deforestation', the World Bank's latest tool in the fight against climate change, while a Greenpeace report has heavily criticised the Bank's failure to bring the Democratic Republic of Congo's (DRC) logging industry under control.

Social services

News

2 July 2007

PPIAF on the ropes

The Public-Private Infrastructure Advisory Facility (PPIAF), a World Bank-administered body that advises countries on water privatisation projects, is facing renewed challenges.

Accountability

News

17 May 2007

US-European showdown: watching and waiting over Wolfowitz

Three days after the release of the report of the ad hoc committee which found Wolfowitz guilty of grave ethical and governance violations, the board is still deliberating on a decision. The report investigating Bank president Wolfowitz's improprieties in negotiating a pay raise and promotion for his partner, Shaha Ali Riza found him guilty as charged. Deadlock has since ensued at the World Bank between the US executive director and European lead constituencies

Environment

News

2 July 2007

Just say no

Member countries are increasingly rebuffing World Bank and IMF programmes, advice and even membership, with Latin American nations withdrawing from the Bank's investment arbitration mechanism.

Environment

Background

2 July 2007 | Inside the institutions

The World Bank and energy

Information on the objectives, staffing, and volumes of the World Bank's energy portfolio.

Social services

News

2 July 2007

Bank and Fund undermining health, education spending

A high powered working group examining the IMF and health spending found that the Fund has unduly constrained counties’ policy choices, while other recent reports accuse the World Bank and the IMF of undermining quality education. Meanwhile, the Bank’s private sector arm has stepped up its support for private schooling in Africa.

Infrastructure

News

2 July 2007

World Bank's carbon trading plans fail Africa

While the World Bank promotes the burgeoning carbon trading market as a "tool to help Africa's poor", an investigation has unearthed gross incompetence with the Clean Development Mechanism (CDM) in which the Bank is heavily involved. A report by Oxfam points out serious inadequacies with the Bank's adaptation figures.

IFI governance

News

2 July 2007

Regional programmes do not address underlying reforms: evaluation

In April, the Independent Evaluation Group released its first-ever review of the Bank's support for regional programmes, covering the period 1995 - 2005.

IFI governance

News

11 July 2007

'That position is ours': Another European to head the IMF

Just 12 days after IMF managing director Rodrigo de Rato made a surprise announcement that he would resign in October, European countries have put forward a leading member of the French socialist party and former finance minister Dominique Strauss-Kahn to replace him. It is the second lost opportunity in as many months for reform of the anachronistic governance of the international financial institutions.

IFI governance

News

18 May 2007

UK Treasury to focus on IMF surveillance reform in 2007

In its annual report to parliament about the UK and the IMF, this year subtitled "Reform to delivery prosperity for all", the UK Treasury's most ambitious goal for 2007 is to revise the IMF's surveillance framework. While also setting out to build on the proposals for governance reform of the IMF, the report does not prioritise creating an open and merit-based process for selecting the managing director of the IMF, overhauling the transparency policy at the Fund, or grappling with the issue of w