SECURING TENURE RIGHTS TO PROTECT FORESTS AND COMBAT CLIMATE CHANGE: EXPLORING THE ROLE OF DEVELOPMENT FINANCE Hosted by Bank Information Center, Oxfam International, Rights and Resources Initiative and Forest Peoples Programme Objectives Held on October 11, 2016, this event represented a unique opportunity for participants to come together and strategize around the role of development …
by Nezir Sinani, Europe and Central Asia Manager The World Bank Group has secretly funded a coal boom in Asia despite announcing a conditional moratorium on such projects in 2013. Earlier this year, World Bank President Jim Yong Kim said, “If Asia implements the coal-based plans right now, I think we are finished.” Yet the …
The draft IDA18 Deputies’ Report—released to the public at the end of October and closed for public comment on Nov. 11—indicates the 18th replenishment of IDA will result in several major changes to the way the World Bank operates in its poorest member countries. These changes are described in the report as “groundbreaking” and “transformational,” …
The World Bank Group is in the process of drafting a Country Partnership Framework (CPF) in Peru, to be finalized in early 2017. There are three upcoming consultations in Peru on the Country Partnership Framework. They will be held in: Trujillo – October 19th Lima – October 27th Cusco – December 14, tentatively Consultations will …
This session at the World Bank Annual General Meetings 2016 Civil Society Policy Forum examines development policy financing (DPF) as a tool for scaling-up positive environmental and social impact amidst the global climate crisis. It features case study findings from recent operations that represent challenges to the achievement of World Bank climate and forest commitments …
This World Bank Annual Meetings 2016 Civil Society Policy Forum session addressed how the World Bank Group can ensure that its financial intermediary (FI) investments are consistent with its forest and climate commitments. New research by Inclusive Development International on the impacts of IFC FI investments on forests, land rights, and climate was presented. A …
World Bank Funded Land Allocation for Social and Economic Development (LASED) Project in Cambodia On Tuesday, finance ministers from around the world concluded the third negotiation for the 18th replenishment of the International Development Association (IDA), the World Bank’s fund for the poorest countries. While IDA should be focusing its investments in areas and sectors …
At the 2016 World Bank Annual Meetings, the Offices of the Executive Directors – EDS 01 and EDS14 won the “Open for Business” award for the most transparent website among the 25 World Bank Executive Directors’ offices. Mr. Matt McGuire, Executive Director for the United States, and Mr. Louis Rene Peter Laros, Executive Director for Botswana, …
The Annual General Meetings (AGM)* of the World Bank and IMF do not just serve as an opportunity for central bankers, finance ministers, and private sector executives to discuss the global economy and tout their accomplishments over the last year. The Bank and Fund host dozens of events to discuss global development issues with development …
Photo © Joe Athialy (Washington DC, October 3, 2016) – The World Bank Group has secretly funded a coal boom in Asia despite announcing a moratorium on such projects in 2013, according to the results of a new investigation. World Bank President Jim Yong Kim has spoken forcefully about the dangers of new coal projects. …