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IFC

Bridge International Academy in the Nairobi slum of Mukuru kwa Njenga. Photo credit: Frederic Courbet for NPR

Social services

News

IFC pushed private education investment model criticised by UN

Two UN committees and a special rapporteur have questioned development aid funding going to private education, including through IFC supported Bridge International Academies.

29 June 2016

Environment

Analysis

Climate Investment Funds Monitor 13

New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

13 June 2016

Environment

Analysis

Clean Technology Fund (CTF)

The upcoming Clean Technology Fund (CTF) resource shortfall continues to raise concerns. A proposal for “CTF 2.0” will be discussed, including two proposed modalities: CTF Green Markets and the Risk Mitigation Facility. Concerns were raised over safeguards for a geothermal energy project in Indonesia.

13 June 2016

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

The Pilot Program for Climate Resilience (PPCR) has called for urgent donations to be able to finance projects pending approval. The CIF strategic directions paper proposed for a new private sector window to be set up. Concerns were raised about community consultations in Samoa and around resettlement risks related to a Haiti project.

13 June 2016

Environment

Analysis

Forest Investment Program (FIP)

The rationale for adding new pilot countries to the Forest Investment Program (FIP) given funding constraints has been questioned, as well as the focus on providing loans rather than grants. The CIF strategic directions paper noted challenges for the FIP, and proposed a new private sector window. Questions were raised about the consultation of ethnic minorities in relation to a Laos project.

13 June 2016

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

Concerns continues over slow progress in implementing the Scaling up Renewable Energy Program in Low Income Countries (SREP) investments plans and lack of funding for new pilot countries, as well as constraints on grant resources. The CIF strategic directions paper proposed an enhanced private sector programme for energy access. Questions on consideration of indigenous peoples were raised in relation to Liberia and Tanzania projects.

13 June 2016

IFI governance

Analysis

Spring meetings 2016: communiqués coverage

Analysis of the official communiqués from the 2016 World Bank-IMF annual meetings, Washington DC.

6 April 2016
Graffiti remembrance of Berta Cáceres in London

Private Sector

News

IFC investments through financial intermediaries linked to human rights abuses in Honduras, again

A new complaint was lodged with the CAO regarding an IFC financial intermediary investment in Honduras, while another financial intermediary case, previously linked to the IFC, escalate into violence.

5 April 2016
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Other news

IFI governance

News

World Bank accountability mechanisms look to improve complainant protection

In response to increasing concern about the safety of human rights and environmental defenders, the World Bank’s accountability mechanisms look to improve complainant protection against retaliation and intimidation.

29 June 2016

Rights

News

Calls for the World Bank to suspend funding to Honduras amid continued human rights concerns

Civil society responds to World Bank president Jim Yong Kim statement on human rights abuses and displacement by calls for the World Bank to suspend funding to Honduras amid continued human rights concerns.

29 June 2016

Social services

News

US Congresswoman criticises World Bank investments in water privatisation

A US Congresswoman has called for an end to the World Bank’s investments in water privatisation until a robust evaluation has taken place.

29 June 2016

Background

Global Infrastructure Forum: Opening plenary

Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.

18 April 2016 | Minutes

Private Sector

News

New CAO Kamalanga report: five years of IFC non-compliance

CAO has released another report critical of IFC’s compliance with its own performance standards, highlighting lack of action and continued harm to affected communities.

10 February 2016

Environment

Background

Toward COP21: A panorama of World Bank Group’s approach in supporting Peru’s climate agenda

Notes from a meeting at the IMF/World Bank CSO Forum at the 2015 Annual meetings, focusing on impact of World Bank support to Peru's climate change strategies.

6 October 2015 | Minutes

IFI governance

News

2015 Annual Meetings coverage

From 9 to 11 October Peru is hosting this year’s World Bank and IMF annual meetings, where their governors will gather in Lima.

28 September 2015

Rights

News

CAO opens new Marikana case

CAO finds complaints from Marikana community eligible for further assessment.

28 September 2015
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