Landmark corporate accountability case resulted in critical reforms for the World Bank’s lending arm. April 26, 2022 New Delhi: Last evening India time, the U.S. Supreme Court denied a petition from a fishing community...
Economic, legal, diplomatic and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – have urged the United States Supreme Court...
This week, prominent economic, legal, diplomatic, and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – submitted amicus briefs urging...
The Tata group, one of India’s largest conglomerates, promised to be a good neighbor when it took on the job of building the nation’s first “ultra mega” coal-fired power plant. The plan was to build...
On February 27, a year has passed since the Supreme Court of the United States ruled in a 7-1 judgment that World Bank does not enjoy absolute immunity. The judgment shook the foundations of...
Press Statement | February 19, 2020 US Federal Court Rules in Favour of IFC in Tata Mundra Case: Fishworkers and Farmers to Challenge Decision. IFC hides it shame & guilt behind technicalities of jurisdiction...
15 years back power sector witnessed a huge expansion. Between 2005 and 2011, thermal projects with 700 GW were given either TOR or EC by the government in around 570 projects, with estimated investments...
Mundra, Gujarat January 13, 2020: TATA power has announced to the Union Ministry of Power that it may be forced to stop operating its imported coal-based Mundra ultra-mega power project after February, 2020. Experts...
Statement in response to news reports that the company has written to the Ministry of Power that they will stop operating the Mundra project from February 2020. Mundra, Gujarat January 13, 2020: Tata power...
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...
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...
