The UK should not increase its contribution to IDA in the current replenishment. Instead, it should focus on achieving substantial reforms of the World Bank and IFC in key areas, including health, gender, climate and energy, and the private sector, and in radically improving the legitimacy, transparency and accountability of the institution.
Infrastructure
Accountability
Background
Meeting on the World Bank between DFID and UK NGOs
Notes of a meeting between UK civil society and DFID staff.
Environment
News
World Bank coal lending up amid energy furore
Energy policy at the World Bank remains controversial, with escalating lending to coal projects and a delay to the energy strategy review. Past Bank-financed energy projects in Ghana and Albania are also proving problematic.
Accountability
News
Gender-blindness and conditionality cast shadow over record World Bank lending
New evidence of worsening gender performance and persistent conditionality has led critics to ask if the Bank is fit for purpose.
Rights
News
Palmed off: World Bank's palm oil framework 'business as usual' despite environmental and rights con
The World Bank’s draft framework for investment in the palm oil sector was met with dismay from civil society groups, who said that it failed to offer a credible strategy to address manifold social and environmental problems.
Infrastructure
News
World Bank assesses water strategy, faces barrage of criticism
In September, the Bank released a progress report on the implementation of its 2003 water resources strategy, while criticism mounts over its hydropower lending, water resource management and support for private sector provision.
Accountability
Analysis
Submission on the World Bank and IFC to DFID's multilateral aid review
As the UK government reviews its funding and relationships with multilateral organisations, we argue that the World Bank Group's poor performance, lack of country ownership and accountability, and tendency to 'mission creep', require a focus on institutional and policy change at the Bank, and no increase in funding.
Infrastructure
Analysis
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.
Rights
News
Is IFC palm oil investment a foregone conclusion?
The World Bank is currently undertaking a major review of its controversial engagement in palm oil production, but critics warn that consultation has been inadequate and that the Bank seems to have already decided to continue investment in the sector.
Infrastructure
News
IMF's latest prescription: Cure the crisis with austerity
The IMF has gone back to promoting fiscal austerity and pressuring governments to implement spending cuts and structural reforms. Austerity also remains at the heart of the Fund's debt sustainability policies.
