of External Review of IFC/MIGA E&S Accountability, including CAOās Role and Effectiveness After 20 years of its existence, the Compliance Advisor Ombudsman (CAO) and International Finance Corporation’s (IFC) social and environmental accountability review has...
I. Yet another Loan for India for response to the Covid-19 crisis India received yet another external loan for dealing with the Covid 19 crisis. Japan announced an emergency support loan of up to...
On August 27, the World Bank came out with a statementĀ suspendingĀ the Doing Business Report. The statement said that a number of irregularities have been reported regarding changes to the data in the Doing Business...
As geopolitical conflicts, climate change and more recently the over arching pandemic necessitates a global consensus on the need to radically reform our economic models, food systems and health care practices, it also becomes...
On August 27th, the World Bank came out with a statement suspending the Doing Business Report. The statement said that a number of irregularities have been reported regarding changes to the data in the...
The process of the World Bank reforming the Inspection Panel (IPN) to adapt it to the changing environment, the newly adopted Environmental and Social Framework (ESF) started in 2017. The World Bank’s Committee on...
Civil society groups from across the globe wrote to the President of AIIB JinĀ Liqun raised concerns during the global pandemic and demanded accountability and transparency from AIIB during this pandemic. With the government’s in...
On August 24 evening, a federal court ruled that the World Bank Group cannot be sued for any damage caused by its lendingādespite last yearās Supreme Court ruling in the same case that these...
The world was witnessing a massive buildup of debt, even before the pandemic began. World Bank described it as the largest, fastest and most broad based amounting to 230 percentage of the Global GDP. ...
The process of the World Bank reforming the Inspection Panel (IPN) to adapt it to the changing environment, the newly adopted Environmental and Social Framework (ESF) started in 2017 but, the changes that they...
The International Monetary Fund (IMF) released two updates in the month of June – first was the World Economic Outlook, titled A Crisis Like No Other, An Uncertain Recovery and another was the Financial...
The annual World Development Report (WDR) is a flagship publication of the World Bank. The 2021 WDR report is in the process of being drafted and is titled āData for Better Livesā. The Bank...
Over the years increasingly institutions like World Bank and other MDBs have started using post-disaster situations and climate change as an opportunity to bring in policy reforms. Post disaster rehabilitation and recovery programmes provide...
In 2015, governments around the world committed to hold global warming to well below 2 degrees Celsius (Ā°C) and to strive to limit warming to 1.5Ā°C by adopting the Paris Agreement. This analysis shows...
All multilateral banks have certain policies and processes. Notwithstanding the growing pressure of the affected communities and civil society, these banks bring out documents essentially to satisfy themselves on paper. It is a make-believe...
