In an effort to respond to the harm caused by the World Bank funded Uganda Transport Sector Development Project (UTSDP), including the sexual exploitation of teenage girls, the World Bank and the Government of Uganda committed funds to the Emergency Child Protection Response (ECPR) program. After the successful implementation of the ECPR program, the World Bank …
In July, civil society organizations (CSOs) from around the world called on the Asian Infrastructure Investment Bank (AIIB), the world’s newest multilateral financial institution, to put social sustainability at the heart of its investments in the transport sector. The comments highlighted key gaps in AIIB’s proposed strategy for investments in the transport sector, which is …
10 July 2018 On June 17, Colombia elected Ivan Duque as its next president. As reported by the Los Angeles Times (and elsewhere), “he will lead a country sharply divided over the terms of a peace deal with rebels signed in 2016 that ended a long-running war. Although the economy is gaining strength, Colombia remains …
World Bank Lending in Peru: Not Seeing the Forest—or the Trees The World Bank is one of the biggest sources of climate change finance, thanks in large measure to a number of trust funds it administers on behalf of donor nations. But how is it doing with its own funds? We thought it would be …
The letter below was sent by more than a dozen international NGOs to the AIIB on March 26, 2018, expressing concerns over the draft policy for a new Independent Accountability Mechanism (IAM) at the AIIB, and making recommendations for its improvement. A detailed submission comparing best practices across IAMs was enclosed with the letter. …
Last week world leaders met in Bonn to continue to negotiate global responses to climate change under the UN Framework Convention on Climate Change (UNFCCC). The World Bank has a responsibility to support actions on climate change and ensure that it respects peoples’ rights and promote sustainable development in all its activities. In response 77 …
Washington, D.C. – Non-governmental advocacy organizations focused on international development and its financing, including The Bank Information Center and Accountability Counsel, called for federal agencies to focus on principles of transparency, accountability, and development effectiveness in the agency reform process. This week, task forces from across executive departments, agencies and commissions were to submit reform recommendations in …
BIC Annual Report 2016 Our Vision The Bank Information Center envisions a world in which people and the planet are at the center of development. Our Mission The Bank Information Center advocates for social, ecological and economic justice by amplifying local voices and democratizing development finance. The Opportunity Every year, multilateral development banks (MDBs) deliver …
The Asian Infrastructure Investment Bank and the Tarbela 5 project in Pakistan Opening the Global Infrastructure Forum in April, President Jin Liqun thanked other multilateral banks for collaborating with the Asian Infrastructure Investment Bank – the world’s newest development bank. Jin said in its first year of operations, over 75 per cent of its projects …
SARDAR SAROVAR DAM on NARMADA An Appeal to raise your voice against submergence before rehabilitation: Save lives of 40,000 + families in Narmada Valley Challenge Coca-Cola and other grabbing waters! Narmada, the west-flowing, 1300 km long river in India, and the most ancient civilization of the world living in its basin is to face …