The World Bank‘s $4.1bn (£2.6bn) investments in forestry over the past 10 years have done little to reduce poverty, improve conservation, tackle climate change or benefit local communities in developing countries, a study by its own inspectors has found.
The Bank Information Center has just released a new study on the Kosovo water system. The study reflects concerns on the World Bank’s support for the proposed Kosovo Power Project (NKPP).
Matthew Kotchen will serve at the new Deputy Assistant Secretary for Environment and Energy, leading the Treasury office responsible for developing, coordinating and executing energy and environmental policies, both in the United States and internationally.
Bank Information Center coordinates sign-on letter to the World Bank regarding the need for explicit protections for children in the World Bank safeguards review process
This ProPublica and Foreign Policy article focuses on IFC investments, such as those in 5-star hotels, shopping malls and mines, and concludes that profit for the World Bank is at least as important as its stated mission of reducing global poverty
Jim Yong Kim, President of the World Bank announces the establishment of the WBG senior management team and realignment of responsibilities to enhance effectiveness and results, as well as several Vice-President changes
The IFC responds to a December 14 article that questions why the Bank is considering financing a huge Oyu Tolgoi mining project that includes a 750 megawatt plant despite a report that criticizes the flawed project impact assessment, water and climate concerns.
Ulaanbaatar, Mongolia, December 13, 2012 Just one week after its grim warning during the UN climate talks in Doha that the world is on a path towards a four degree-rise in global temperatures, the World Bank is set to approve financing for yet another coal plant. The plant will power a giant mining complex in …
The World Bank must take a stand on the International Day of Persons with Disabilities to become a leader in inclusive international development said the Disability and World Bank Safeguards Campaign, a partnership between the Lebanese Physical Handicapped Union and the Bank Information Center. For Immediate Release International Day of Persons with Disabilities World Bank: …
A group of CSOs note several flaws with the Oyu Tolgoi Environmental and Social Impact Assessment and ask the company to respond to their concerns. On November 9, 2012, a network of international CSOs submitted a report to Oyu Tolgoi LLC (the Rio Tinto subsidiary that manages the mine) that outlines some of the main …