Tomorrow, the World Bank Board of Directors will decide whether to approve an investigation into a complaint related to the Bujagali Dam in Uganda. The complaint alleges that Management failed to take appropriate actions to protect an offset area it agreed to protect through a written agreement with the government of Uganda, in violation of …
Community discussion on a World Bank Inspection Panel case in Egypt Last week, Senate Appropriators sent a strong message to the World Bank in support of the institution’s Independent Accountability Mechanisms (IAMs). The FY19 State & Foreign Operations Appropriations bill that was approved by the Appropriations Committee not only recommends fully funding the U.S. contribution to IDA18, …
*Photo credit to scroll.in The World Bank’s independent Inspection Panel released a report today detailing the commitments made by World Bank management to prevent impoverishment, coercion, and retaliation against critics in the process of constructing a new mega-city in southern India. The World Bank and the new Asian Infrastructure Investment Bank (AIIB) are considering providing …
The House Financial Services Committee passed the World Bank Accountability Act of 2017 today, authorizing U.S. participation in IDA, the World Bank’s fund for the poorest countries. The bill funds IDA at the level recently requested by the Trump administration, but conditions that funding on whether the Bank adopts certain reforms, which the bill’s sponsor, …
In April 2017, the AIIB requested public input in the development of a proposed Complaints Handling Mechanism (CHM), which the AIIB aims to put in place by the end of 2017. In response, a coalition of ten civil society organizations and networks, including BIC, submitted recommendations based on the best practice from independent accountability mechanisms …
In response to the harm caused by the World Bank funded Uganda Transport Sector Development Project (UTSDP), including the sexual exploitation of teenage girls, BIC has conducted advocacy to encourage that the Bank takes steps to provide redress to the community and to prevent such harm from occurring in future projects. BIC has worked with …
On March 22, BIC’s Elana Berger testified before the House Financial Services Committee subcommittee on Monetary Policy and Trade. Berger’s testimony at the hearing entitled “Examining Results and Accountability at the World Bank,” focused on the impacts of the Uganda Transport Sector Development Project (TSDP) and the significant internal reforms at the Bank resulting from …
Via Electronic Mail Mr. Philippe Le Houérou Executive Vice President and Chief Executive Officer, International Finance Corporation 2121 Pennsylvania Avenue, NW Washington, D.C. 20433 cc: Dr. Jim Yong Kim, President, World Bank Group Dear Mr. Le Houérou, Thank you for your letter of November 4th, addressing the significant concerns raised by Inclusive Development International …
Out of control: The World Bank’s reckless private sector investments in Southeast Asia exposed (March 17, 2017) – Dozens of harmful and high-risk projects in Southeast Asia have received hidden funding from the World Bank Group, an ongoing investigation by Inclusive Development International has revealed. The International Finance Corporation (IFC), the World Bank’s private-sector …
The AIIB approved $1.7 billion in financing for nine projects in 2016, but still does not have a mechanism to address concerns from people who are affected by those projects. In early February 2017, sixteen civil society organizations called on the AIIB’s Director-General for Compliance, Effectiveness, and Integrity to conduct a public consultation process on a …