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 …
A global group of non-governmental organizations today called on the World Bank, European Investment Bank, Japan International Cooperation Agency, German Development Bank- KFW, French Agency for Development, and other international financial institutions involved with the Olkaria I, IV, and V geothermal projects in Kenya to take immediate action and demand that the project promoter, …
Lima, Peru. January 24, 2017 Summary On January 24th, 2017, Bank Information Center, Derechos Ambiente y Recursos Naturales (DAR) and AIDESEP (Interethnic Association of the Peruvian Amazon) presented a workshop titled “Reformas Globales y Alcances Nacionales” to an audience of approximately 50 participants from Peruvian civil society, including representatives from AIDESEP’s executive leadership and its …
The Bank Information Center advocates for social, ecological and economic justice by amplifying local voices and democratizing international development finance. As an organization which works to protect the fundamental human rights of marginalized populations, including refugees, we condemn in the strongest possible terms the discriminatory Executive Order signed by President Trump to ban nationals from …
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 …
January 11, 2017 The World Bank is in the process of drafting a new Country Partnership Framework to guide its work in Peru for the next four to six years. This framework is slated to be finalized by April 2017, and is meant to include feedback and comments from stakeholders. However, no draft of this …
As we prepare to celebrate Human Rights Day on December 10th, we stand with dozens of other civil society groups around the world that are calling on development finance institutions, governments, and businesses to Stand up for Human Rights in Development On the 10th of December, Human Rights Day will be observed in honor of …
Despite promises from World Bank President Jim Kim over two years ago to personally assist in addressing tensions over indigenous land rights in Kenya, approximately 1200 families of the Sengwer indigenous community were told by the Kenya Forest Service (KFS) on Dec. 1 they had just 7 days to leave their ancestral land in the …
On November 22 the World Bank Board of Directors approved a Management Action Plan intended to address the Inspection Panel’s investigation of the Uganda Transport Sector Development Project (TSDP), which has been of long-term concern for BIC’s child rights program. Commitments in the Action Plan include strengthening the capacity of local governments in Uganda to …
While the recent election has cast a shadow of uncertainty over the future role of the United States in multilateral organizations such as the World Bank, it is worth reflecting on the progress that has been made at this institution and across the development finance landscape because of the leadership of the United States. The …