Private Sector

Finance

Analysis

What is left of the rise of the South?

While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.

5 April 2016 | Guest analysis
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

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

Finance

News

UN vote supports calls for independent debt crisis response mechanism outside the IMF

UN votes in favour of accepting new principles to guide sovereign debt restructuring, as CSO report warns of risk of new crises linked to aid and multilateral lending.

28 September 2015

Rights

Analysis

Risky business: IFC reluctant to disclose information on high-risk subprojects

Civil society continues to pressure IFC on disclosure of high risk subprojects, as it responds to a critical report detailing the human rights consequences of its investments.

8 July 2015

Private Sector

Analysis

New report shows IFC FI investments cause human rights abuses around the world

New evidence from Oxfam, the Bretton Woods Project and other NGOs reveals the impact of IFC investments in financial intermediaries on global human rights.

2 April 2015 | Report

Private Sector

News

IFC ignores concerns about investments in financial intermediaries

IFC disagrees with concerns raised by CAO about its capacity to assess whether its investments through financial intermediaries have a positive development impact.

2 February 2015

Private Sector

Analysis

What is the social impact of the World Bank’s support to regulatory reform? Don’t ask the Bank

World Bank Group’s Independent Evaluation Group highlights that the Bank's support to business regulation reforms fails to capture the social impact of regulatory reform

20 November 2014 | Guest analysis

IFI governance

Analysis

Moving beyond aspirations? IFC still unable to determine the impact of its financial intermediaries investments

A new monitoring report by the Compliance Advisor Ombudsman concludes that the IFC still lacks a mechanism to determine whether its financial intermediaries investments do no harm or have a positive development impact

12 November 2014

Private Sector

News

“Affordable hotels”: IFC’s luxury development projects

IFC investments in Burma hotels have been criticised for weak poverty reduction impact. IFC claims that investment in luxury hotels in India will provide “affordable hotels”.

29 September 2014