The Pilot Program for Climate Resilience (PPCR) has expanded with ten countries despite a lack of funds. The US questioned the approval of a Bolivia project and resettlement issues were raised on two Cambodia projects.
The Pilot Program for Climate Resilience has invited new countries apply for participation and is also expanding the private sector set-aside to non-PPCR countries. Biodiversity and gender impacts were questioned on a Grenada project and the gender focus on a Haiti project.
New evidence from Oxfam, the Bretton Woods Project and other NGOs reveals the impact of IFC investments in financial intermediaries on global human rights.
World Bank is criticised for focusing on climate-smart agriculture, including industrial approaches, instead of more sustainable agroecological approaches.
As activists staged global protests highlighting the potential damage from new World Bank agriculture rankings, Cambodian groups expressed concerns over reports that the Bank is considering resuming loans to Cambodia.
Some 9,000 evicted residents of a Lagos community have been denied justice by the World Bank's Inspection Panel as Amnesty International says the Bank is "complicit" in the process.
Whilst the World Bank’s assessment gives the green light to the world’s tallest dam in Tajikistan, a Human Rights Watch report highlights severe damage to local communities.
An IFC investment in ANZ Royal Bank has been criticised after the bank was implicated in a “massive land grab” in Cambodia. Further cases from Guatemala and Honduras reinforce calls for IFC to rethink its investments in financial intermediaries.