The NGO World Bank Working Group is in the process of restructuring to become more regional and more representative.
The World Commission on Dams, looks likely to start operations this Spring.
The Inspection Panel investigation into the Singrauli power project in India has found major problems with the Bank’s approach to the project.
Doubts about the IMF’s capacity to deal with international currency problems are mounting as the South East Asian crisis worsens despite the IMF’s bail-out efforts.
The World Bank has agreed to carry out a forest policy implementation review followed by a Forest Sector Strategy review over the next few months.
Largely due to the persistent efforts of NGOs and some Executive Directors, the International Finance Corporation (IFC-a private sector support arm of the World Bank Group) has unveiled a series of reviews and new initiatives.
The Kyoto climate change meeting in December brought together ministers from 160 countries to agree binding restrictions on greenhouse gas emissions.
A critical study prepared for a meeting to discuss replenishing the Global Environment Facility, an international fund for environmental, criticises the World Bank’s use of the resources.
In February the World Bank Board will again review the functioning of the Bank’s Inspection Panel, subject of two new NGO reports.