Former IMF managing director Rodrigo de Rato, whose June 2007 announcement that he would resign surprised many, has taken up posts at large private sector banking institutions.
Private Sector
Environment
News
IFC offloads illegal timber trader
the IFC has offloaded its 3.35 per cent equity stake, worth up to $7.5 million in the Singapore-based global commodities trader, Olam International
Environment
News
Bank violates own policies in Congo
The findings of an Inspection Panel investigation into the Bank's failure to comply with its own safeguard policies in its support for forest sector reforms in the Democratic Republic of Congo (DRC) was discussed by the board in January
Accountability
News
Public campaigns to reform IDA
In Europe, Asia and the United States, civil society has campaigned for reform of the World Bank through the replenishment process of the International Development Association.
Private Sector
Analysis
The International Finance Corporation: Behind the rhetoric
There is evidence that the IFC's financing of small and medium enterprises, almost all of which occurs via financial intermediaries, is under-supervised, and that direct lending is still focused on large companies in emerging market economies with questionable value-added.
Environment
News
Ecuador withdraws from ICSID?
Ecuador intends to prevent oil and mining disputes from going to the Bank's International Centre for the Settlement of Investment Disputes.
Accountability
Commentary
El Banco Mundial y el Gasoducto de África Occidental
Análisis crítico sobre el gasoducto de África Occidental, un proyecto apoyado por el Banco Mundial.
Accountability
News
Ghana Inspection Panel request
COHRE has filed a complaint to the Inspection Panel.
Environment
News
Gold mining undermines rights in Mali
A report by French NGO FIDH looks at the negative impact of gold mining on the prorection of human rights in Mali
Accountability
News
IFC: ‘badges of excellence’, dubious practice
The IFC is scaling up its investment in high risk and low-income countries "as part of its development mission", and is now on track to double financing for mining in Africa this year. However its attempts to position itself as an environmental and human rights 'expert' in these sectors lacks credibility.
