July 13, 2018 The Bank Information Center’s Board of Directors is thrilled to announce the appointment of Elana Berger as BIC’s Executive Director, effective immediately. Ms. Berger has been serving as Interim Executive Director for the past six months. “This was an easy decision for our Board. Elana has done a terrific job as the …
*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 …
In a letter sent this week to the World Bank, over 30 civil society organizations from around the world called for substantial revisions to draft guidance notes for the Bank’s new Environmental and Social Framework (ESF). The ESF replaces the Bank’s longstanding safeguards, and represents a major shift from a rules-based system to one characterized …
“The development finance landscape is rapidly shifting, and BIC has an important role in keeping up with the trends and working with civil society and communities to influence the development activities that profoundly impact their lives. I am honored to lead BIC through this exciting transition period” – Elana Berger BIC’s Board of Directors is …
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 …
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 …
The World Bank Group is covertly funding some of India’s largest and most reckless corporations, according to the results of an ongoing investigation by Inclusive Development International. The World Bank’s private-sector arm, the IFC, is bankrolling these companies through its support for six Indian commercial banks. The end users of IFC funds in India are …
REUTERS/Mark Schiefelbein/Pool The Centre for Law and Democracy (CLD) and the Bank Information Center (BIC) have jointly prepared Comments on the Public Information Interim Policy of the Asian Infrastructure Investment Bank (AIIB) in preparation for the first annual review of the Policy, due in January 2017. The analysis shows that the AIIB is lagging behind …
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. …
In light of “multiple failures” by the World Bank in monitoring and supervising the Uganda Transport Sector Development Project, the World Bank Group announced today that they will create a “Global Gender-Based Violence Task Force to advise the institution on best practices for reducing risks to community safety in connection with our development projects.” This …