Zoellick’s term officially ends on June 30th, 2012. BIC hopes the next candidate brings sweeping reform.
India has been declared the largest country of operation of the IFC (the private investing arm of the World Bank), with a total USD 3.6 billion in financing, spanning 248 projects. Both IFC and World Bank apparently take pride in these projects being “environmentally sustainable”.
The Bank Information Center welcomes the World Bank’s initative to open up and create a larger space for civil society from the MENA region.
The outgoing World Bank Country Manager for Brazil, Mahktar Diop, challenges the conclusions of an evaluation by Bank Information Center of the $1.3 billion Sustainable Environmental Management Development Policy to promote environmental reforms in Brazil.