Private Sector

Environment

News

Resilience and Sustainability Trust’s first loans promote climate PPPs, raising concerns they may create fiscal risks

Initial financing for Costa Rica, Barbados, Rwanda, Bangladesh and Jamaica tied to efforts to ‘green’ PPP frameworks.

5 April 2023

Private Sector

News

World Bank’s financial inclusion agenda blind to growing gendered over-indebtedness

The World Bank’s financial inclusion agenda in time of cost-of-living crisis, austerity and financialisation promotes indebtedness of the poor, especially women.

5 April 2023

Infrastructure

News

MIGA’s support for gas projects raises concerns about its climate credentials

World Bank’s commercial insurance arm provided nearly $850 million in guarantees for gas projects in Bangladesh and Mozambique in fiscal year 2022.

5 April 2023

Land

News

Corporations are expanding control over Ukraine’s land with help from the IMF and the World Bank

New report from the Oakland Institute exposes the stealth take-over of Ukrainian agricultural land known as the “breadbasket of Europe”.

5 April 2023

Social services

News

World Bank issues new guidance on PPPs legal frameworks, ignoring long-standing concerns with the model

New World Bank guidance on PPP legal frameworks evidence of institution’s continued reliance on PPPs as key to addressing SDG financing gap despite well-documented failures. Previous World Bank PPP contracts template criticised for incompatibility with human rights norms.

4 October 2022

Private Sector

Analysis

How IMF and World Bank support for financialisation undermines human rights

IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance

6 April 2022 | At Issue

Social services

News

World Bank’s IFC ends funding for fee-paying primary and secondary schools

Independent Evaluation Group report highlighted private sector education provision can exacerbate inequality and undermine the public sector school system.

21 July 2022

Private Sector

Commentary

Submission to the World Bank Consultation for the Business Enabling Environment (BEE) Project

A coalition of CSOs have delivered a submission to the World Bank raising the BEE is just a rebranding exercise that does not address longstanding issues in the Bank's engagement in private sector advice.

16 March 2022 | Statement

Private Sector

News

World Bank’s re-labelled Business Enabling Environment Project does little to address substantial flaws of Doing Business Report

Civil society calls for urgent evaluation of Doing Business impacts as the World Bank announces a rebranded Business Enabling Environment Project, failing to address underlying issues.

6 April 2022

Rights

News

IFC faces critical questions over investments in gig economy

IFC’s investments in gig economy platform companies come under scrutiny

13 July 2021