Members of the US Senate Foreign Relations Committee have released a letter sent to U.S. Treasury Secretary Jacob Lew calling on Treasury to take the lead in opposing proposed dilutions of the World Bank’s environmental and social safeguard policies. The World Bank is in the final stages of drafting a new set of safeguards that are inconsistent …
Ce message est également disponible en anglais et en arabe. À la fin de Mars 2016, le Président du Groupe de la Banque mondiale (GBM), Dr Jim Yong Kim, ainsi que le Secrétaire Général de l’ONU, ont rendu visite au Liban, en Irak, en Jordanie et en Tunisie. Le but du voyage était de réitérer …
This post is also available in: French. In late March 2016, the World Bank Group’s (WBG) President, Dr. Jim Yong Kim, along with the UN Secretary General, paid a visit to Lebanon, Iraq, Jordan and Tunisia. The trip’s purpose was to reiterate the commitment of multilateral institutions to stability in the MENA region. Tunisia was …
Since June 2014, the security expenditure associated with battling the Islamic State organization, also known as ISIS, and the stunning decline in oil prices to an average $35 in 2016 have combined to cause grave economic troubles for the Iraqi state, creating a budget deficit of $25 billion in 2016. Today, in order to …
Members of the Bigodi community in Uganda tell the story of what happened in their village as a result of the construction of a road. The road was part of the World Bank-funded Uganda Transport Sector Development Project, which was canceled in December 2015. They discuss the negative social impacts of the project on their …
Iraqi Civil Society Organizations (CSOs) are actively trying to hold their central and provincial institutions accountable. Like their local counterparts who continue to plan public protests against government corruption, some local CSOs are focusing more of their civic efforts on the development work of the World Bank (WBG or Bank) in Iraq. Five local CSOs from …
Press statement from Earth Rights International: Plaintiffs plan to appeal decision that IFC has “absolute immunity” A federal district court in Washington, D.C., ruled last week that the International Finance Corporation (IFC), the private lending arm of the World Bank Group, has absolute immunity and thus cannot be sued in the United States. Fishing communities …
Beginning in 2011, much like other Arab Spring countries, Yemen had to face months of mass, oftentimes violent, protests that called for the toppling of Ali Abdallah Salah’s regime. In an attempt to stop the sliding of the country into further chaos, the Gulf Cooperation Council (GCC) brokered an initiative to establish a caretaker government …
In the weeks following the murder of Berta Cáceres, leader of the Civic Council of Popular and Indigenous Organisations of Honduras (Copinh) and leader of the resistance against the Agua Zarca hydroelectric dam on the Gualcarque river, there has been international outcry for justice for Berta and security for her colleagues. The Agua Zarca dam …
BIC staff Nezir Sinani and Julia Radomski co-authored an article on accountability at international financial institutions, originally published by the Huffington Post. See the full article at the Huffington Post.