October 19, 2023 The undersigned organizations are gravely concerned about the recent media report of child sexual abuse at Bridge International Academies in Kenya, and allegations that the World Bank’s International Finance Corporation (IFC)...
On August 24 evening, a federal court ruled that the World Bank Group cannot be sued for any damage caused by its lending–despite last year’s Supreme Court ruling in the same case that these...
The financial package, amounting to Rs 20 lakh Crore and claimed to be 10% of the GDP was announced by the Prime Minister with much fanfare. Yet when details were announced by the Finance...
Almost a decade after the construction for the Tata Mundra Ultra Mega Power Project and eight years since the operations of the project started, a revisit to Mundra tells the story of the destruction...
IFC’s Opportunistic $ 24.7 trillion Global Green Investment Plan Adding to the global narrative on low-carbon investments, World Bank Groups’ private lending arm International Finance Corporation’s recent report – Green Buildings: A Finance and...
In the past several years, infrastructure has become a focus sector in the Indian economy as it is expected to boost overall development. Infrastructure continues to attract attention not only from the government but...
This booklet is a first in a series that looks to provide an overview of the smart cities at a conceptual level, smart cities mission in India, development of smart cities globally, the role...
This monthly column tracking developments in the world of the international finance looks into the review of Equator Principles, ITUC’s critique on IMF Framework on Social Spending, and World Bank’s report on the Global...
WILD ANIMALS ONCE RAN AMONG the acacia trees outside Navinal, one of many small villages hugging the Gulf of Kutch–an inlet on India’s northwest coast. Gajendra Singh Jadeja remembers them well: Cattle foraged for...
विश्वयुद्ध के बाद ब्रिटेन के ब्रेटेनवुड में खादी की गई वैश्विक वित्तीय संस्थाओं की ताक़त एक ज़माने में बेतेरह बढ़ी थी। वे अपनी मनमर्ज़ी के विकास की अवधारणा को दुनियाभर पर थोप सकती थीं।...
The World Bank’s support for giant coal fired power plants in India and South Africa illustrate the organisation’s many institutional failings. This article is part of a series by openDemocracy and the Bretton Woods...
On February 27, 2019, the US Supreme Court in a 7-1 decision ruled that international organisations like the International Finance Corporation (IFC), a private-lending arm of the World Bank Group, do not enjoy absolute...
The case, which now goes back to a US district court, relates to alleged pollution caused by a Gujarat-based power plant partly funded by IFC. On February 27, the US Supreme Court ruled in...
In its historic decision on 27th Feb 2019, the U.S. Supreme Court decided that international organizations like the World Bank Group “don’t enjoy absolute immunity”. Simply put, with this judgement, the World Bank and...
March 31, 2019, Mundra, Gujarat: In an afternoon with 41-degree heat, hundreds of men, women, and children from Navinal and Tagri villages of Kutch, and members from the civil society and peoples’ movements from across...
