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.
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.
An outcry from NGOs has followed the World Bank Group decision to invest in a Central Asian oilfield and pipeline development.
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.
Friends of the Earth has obtained clear evidence of the risks the proposed Baku-Tbilisi-Ceyhan (BTC)…
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.
Emil Salim, the 'Eminent Person' in charge of the Bank's Extractive Industry Review (EIR), has…
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.
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.
A US Senate Committee found that the World Bank and US government institutions financed "questionable payments" by Enron for a Guatemalan power project.