Britain's aid to some of the poorest countries in the world is conditional on governments privatising services, such as water and electricity, and giving multinational companies the option of buying them, says a report today by NGO War on Want.
The controversial Nam Theun II dam project in Laos is likely to get World Bank risk guarantee approval no later than early next year, paving the way for the long-delayed completion of Southeast Asia's biggest hydropower plant, an official at the project consortium said yesterday.
South Africa's Minister of Minerals and Energy, Phumzile Mlambo-Ngcuka, on Monday raised concerns that the World Bank was considering a limit on financing coal and oil projects in developing countries.
Speech on parliaments and globalisation issues
Established in 2000, the Parliamentary Network on the World Bank was initially a World Bank promoted initiative. In 2003 it was transformed into an independent entity.
Call to action for the World Bank/IMF 60th anniversary
Report by former Danish Prime Minster Poul Rasmussen with recommendations for a major overhaul of global institutions.
Conference on global issues and institutions organised by the coordination of European socialist parties.
The World Bank's management has rejected the key proposals of an independent review it commissioned that recommended the bank pull out of financing all oil and coal projects in the developing world.
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
