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Private Sector

Analysis

22 November 2010 | Briefings

Out of sight, out of mind?

The World Bank Group's International Finance Corporation (IFC) lending has grown enormously over the past decade, with commitments reaching a record $18 billion in the 2010 financial year. At the same time, there has been a significant shift in the way the IFC does business. Increasingly, instead of managing its loans and investments itself, it relies on financial intermediaries such as banks and private investment funds. In the 2010 financial year, finance sector lending made up over half of al

Land

Background

25 November 2010 | Minutes

Notes of meeting between Minster Alan Duncan, the UK Department for International Development and Ci

Meeting notes

Infrastructure

News

29 November 2010

World Bank drawing in climate funds?

A much awaited November report from the UN high level advisory group on climate change finance (AGF) drew criticism for recommending an increasing role for multilateral development banks (MDBs). The noise generated by the report also highlights concerns about the development of a new fund hoped to be decided in Cancun, additional trust funds announced at the Bank and the continued roll-out of the Bank-housed climate investment funds (CIFs).

Infrastructure

Analysis

27 July 2010 | Briefings

Climate Investment Funds Monitor 2

As pilot countries are selected and funding allocated, concern mounts over poor consultation, the weakness of some country proposals, and failure to address governance issues.

Accountability

News

18 June 2010

World Bank performance standards review reveals need to raise the bar

With a review of the social and environmental performance standards of the International Finance Corporation (IFC) underway, reports from within the World Bank Group as well as civil society highlight the need for reform.

Infrastructure

Background

30 November 2010 | Minutes

Private sector investment in energy lending and climate finance

Meeting notes of 'Private sector investment in energy lending and climate finance'

IFI governance

News

16 April 2010

Bank voting remains unbalanced

Small shifts in voting power at the World Bank are expected to be formally agreed at April's spring meetings, leaving high-income countries holding almost 60 per cent of the vote, with further reform put off until 2015. Meanwhile the Bank is expected to receive a smaller capital increase than it sought, which could push lending back to pre-crisis levels.

Finance

Analysis

13 April 2010 | Paper

Funding the World Bank - The sixteenth IDA replenishment: Major reform must be the price of UK suppo

Joint paper by ten UK development NGOs calling for the government to use IDA's 16th replenishment to push the World Bank to make significant reforms, without which the UK should not increase its cash allocation and instead consider alternative channels for aid.

IFI governance

News

16 April 2010

Secret World Bank shake-up?

Internal reforms with potentially far reaching consequences for how the World Bank is run are underway. The proposals were developed without public consultation, and over a timeframe that allowed limited discussion with shareholder governments and stakeholders.

Finance

News

16 April 2010

IDA: World Bank fundraising drive begins

As officials opened discussions on donor contributions to the sixteenth replenishment of the International Development Association (IDA, the World Bank arm for low-income countries), civil society groups urged major reforms to the Bank's structure and approach.

Accountability

News

16 April 2010

Education strategy review: has the Bank learned its lessons?

The World Bank launched a review of its education strategy in January with a concept note setting out key challenges and principles for a sector where its activities have come under sustained criticism.

Conditionality

News

16 April 2010

Evaluation: World Bank's PSIA contribution to country capacity 'negligible'

A recent report by the World Bank's Independent Evaluation Group (IEG) on poverty and social impact analysis (PSIA) finds implementation problems and a "negligible" impact on developing country capacity, echoing long standing civil society critiques.