BIC Rebuttal to the World Bank’s Response to BIC’s case studies on Development Policy Operations in Peru, Egypt, Mozambique, and Indonesia March 2017 In January 2017, the Bank Information Center (BIC) along with international and local partner organizations published a report and four case studies on seven World Bank policy lending investments in Peru, Egypt, …
Clearing for a coal mine, Central Kalimantan forest Credit: Andrew Taylor/WDM, taken on June 8, 2013 Licensed under:https://creativecommons.org/licenses/by/2.0/ PRESS RELEASE: World Bank introducing new fossil fuel subsidies, undermining its own climate change commitments and forest protection efforts New analysis of Bank’s $5-billion-dollar policy loans shows lender supporting investment incentives for coal and other fossil fuel …
Wadi Al Qamar near Alexandria, Egypt. Photo: © http://bit.ly/2aHaT3J In April 2015, the Compliance Advisor/Ombudsman – the International Finance Corporation (IFC)’s independent accountability mechanism – received a complaint from Egyptians living in Wadi al-Qamar, concerning the IFC-financed Titan cement plant and its incompatibility with IFC’s environmental and social requirements, including its violation of Egyptian national …
The World Bank has committed to 100% beneficiary feedback in its projects and aims through its corporate strategy to empower citizens to participate in the development process. At the same time, since 2012 over 60 countries have passed legislation restricting civil society’s ability to freely operate and many communities face intimidation or criminalization when raising …
In December 2015, the World Bank Board of Executive Directors endorsed a new Country Partnership Framework (CPF) for Egypt. The CPF is a collaborative strategy between the World Bank Group (WBG) and the client government which defines the development priorities on which the WBG will build and mobilize their support to Egypt for the period …
Image Credit: CNN.com The International Finance Corporation (IFC), the private sector arm of the World Bank Group, invested 80 million euros in the Titan Group subsidiary Alexandria Portland Cement Company (APCC) in 2010. The investment provided the IFC with a 15.2 percent equity stake in Alexandria Portland Cement Company, through Titan’s holding company Alexandria Development …
Without accessible and comprehensible information, stakeholders cannot meaningfully engage in development. Bank Information Center, Fundar-Center of Analysis and Research, Yemeni Observatory for Human Rights, and Egyptian Association for Collective Rights organized a session during the World Bank Spring Meetings Civil Society Policy Forum titled “Breaking Down Barriers to Accessing Development Information”. The panelists presented case …
On December 5, 2015, a group of Civil Society Organizations (CSOs) from different countries across the Middle East and North Africa (MENA) submitted a joint letter to World Bank Group officials (WBG or Bank) regarding the Bank’s MENA regional program implementation of its translation framework. Having the signing support of twenty-five CSOs from Yemen, Iraq, …
Civil society organizations in Egypt have submitted a parallel Country Partnership Framework (CPF) to the World Bank office in Cairo detailing what they envision should be the strategic priorities for World Bank-financed development projects in Egypt. In addition, the groups also submitted specific comments and proposed amendments to the current CPF draft.
The Bank has commenced with the process of Country Partnership Frameworks in a number of MENA countries. Each country has taken a different path than originally expected.