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.
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.
The World Bank and the IMF will be meeting in Washington DC for the spring meetings 15-17 April 2016.
Fishing and farming communities from Gujarat, India, has filed a lawsuit against the International Financial Corporation.
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.
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.
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.
Reform to the IMF’s voting shares shifts some power to emerging countries, but the institution’s leadership selection process remains opaque and undemocratic.
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.
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.
US has abstained from voting on an IFC investment in a forestry project in Mozambique, raising concerns about environmental and social impacts.
This briefing shows that multilateral governance is at risk if long-overdue IMF quota and board reforms are not ratified.