Private Sector

Rights

News

IFC “doubts” labour fears in Haiti, approves loan

The International Finance Corporation approved a loan of $20 million to the Dominican Republic's largest Export Processing Zone operator, Grupo M, for a new development on the border with Haiti.

17 November 2003

Rights

News

IFC boss makes human rights pledge

Human rights issues will be a part of project and company assessment, says the head of the World Bank arm which provides finance to private companies.

17 November 2003

Environment

News

Pipeline approval sparks renewed criticism of Bank role

An outcry from NGOs has followed the World Bank Group decision to invest in a Central Asian oilfield and pipeline development.

8 November 2003

Accountability

News

Chadians "mourn" while World Bank and oil companies celebrate pipeline

The coalition of Human Rights Associations in Chad has called for a national day of mourning on October 10, the date of the official inauguration of the Chad Cameroon Oil Pipeline.

8 October 2003

Private Sector

News

Leak reveals Bank oil pipeline threat to pillar of Georgian economy

Friends of the Earth has obtained clear evidence of the risks the proposed Baku-Tbilisi-Ceyhan (BTC)…

2 October 2003

Private Sector

News

IFC to “consider” inclusion of core labour standards

At a 23 September meeting during the IMF and World Bank annual meetings, the International Finance Corporation committed to adopt all of the core labour standards as standard conditions for future loans.

23 September 2003

Environment

News

Controversial extractives review nears endgame

Emil Salim, the 'Eminent Person' in charge of the Bank's Extractive Industry Review (EIR), has…

11 September 2003

Rights

News

IFC decision pending on controversial Haiti free trade zone

The Board of the International Finance Corporation, the World Bank’s private-sector arm, is in the final stages of approval for a loan for development of the first of a series of proposed free trade zones along the border between Haiti and the Dominican Republic.

11 September 2003

Accountability

News

Bank silent on corporate corruption in Lesotho

Controversy over the call for debarment of a Canadian contractor is proving a litmus test of the Bank's commitment to apply the same standards to corrupt Northern companies as it does to Southern governments.

8 September 2003

Accountability

News

Bank funded Enron corruption: US Senate

A US Senate Committee found that the World Bank and US government institutions financed "questionable payments" by Enron for a Guatemalan power project.

8 September 2003