Further concerns have been raised over dilutions of the World Bank’s proposed new safeguards framework, as controversy arose over a Bank waiver of the indigenous peoples policy for a Tanzania project.
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North America
Knowledge
Analysis
The World Bank's updated international poverty line, a case of poor measurement?
World Bank updates the International Poverty Line and claims a continued decrease in numbers of poor, but long-standing questions about the methodology used and whether the instrument is fit for purpose persist.
IFI governance
Analysis
IFC claims “absolute immunity” to avoid justice. But will it hold up in court?
This briefing provides an overview of the immunity of international organisations in US law, looking at a lawsuit brought against the IFC regarding the Tata Mundra coal power plant in India.
Finance
Analysis
Rise of the global South and descent of the North?
Briefing noted that recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, however they are thus far not a rupture with the Western-dominated international financial architecture.
IFI governance
Analysis
IMF governance: one step forward, one step back
Reform to the IMF’s voting shares shifts some power to emerging countries, but the institution’s leadership selection process remains opaque and undemocratic.
Environment
Analysis
Climate Investment Funds Monitor 12
New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs committee meetings.
Environment
Analysis
Climate Investment Funds Monitor 11
New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World-Bank hosted CIFs committee meetings.
IFI governance
Analysis
Impasse at the IMF
This briefing shows that multilateral governance is at risk if long-overdue IMF quota and board reforms are not ratified.
Other news
IFI governance
News
Spring meetings coverage
The World Bank and the IMF will be meeting in Washington DC for the spring meetings 15-17 April 2016.
IFI governance
Background
IMF & World Bank decision-making and governance
This Inside the Institutions examines the recent and ongoing reforms at the IMF and World Bank, and places them in context of existing structures and processes.
Land
News
Gujarat fishermen sue IFC over Tata Mundra
Fishing and farming communities from Gujarat, India, has filed a lawsuit against the International Financial Corporation.
Environment
News
US abstains from IFC investment in Mozambique paper plantation
US has abstained from voting on an IFC investment in a forestry project in Mozambique, raising concerns about environmental and social impacts.
IFI governance
Background
The impact of the BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB)
Notes of a meeting on BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB) at the World Bank-IMF annual meetings 2014
IFI governance
Background
IFC lending through financial intermediaries - a year on from the action plan, what have we learned?
Notes of a meeting on IFC lending through financial intermediaries at the World Bank-IMF annual meetings 2014
Finance
News
UN backs sovereign debt mechanism
UN votes to adopt developing countries’ resolution on a legal framework for debt resolution, independent of creditors, including the IMF.
Finance
Background
Financial tremors in developing countries: is another earthquake on the way?
Aldo Caliari Monetary policy changes in rich world are now starting – the reversal of…
