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Projects In Focus

Case Against IFC at US Supreme Court: Disappointed with the outcome; Quest for Justice Continues

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...

Read more April 26, 2022 at 12:38 pm CFA

Nobel Prize-Winning Economist Joseph Stiglitz and Others Urge the US Supreme Court to Review World Bank Group Immunity in the Tata Mundra Finance Case

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...

Read more February 17, 2022 at 1:15 pm CFA

ADB’s Compliance of its Safeguard Policies in the Tata Mundra Project

The northern coast of the Gulf of Kutch has been witnessing large-scale industrialization for the past two decades while a very large Special Economic Zone is also situated in the vicinity. Among several polluting...

Read more July 16, 2021 at 1:06 pm CFA

The World Bank Group’s Uncounted

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...

Read more February 21, 2021 at 3:23 pm CFA

Tata Mundra: Case against IFC dismissed in the lower court. Will move appeal soon

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...

Read more August 26, 2020 at 3:56 pm CFA

Another breach at sasan UMPP; Will financiers be held accountable?

Local group Srijan Lokhit Samiti along with other CSO’s write to the US Exim Bank demanding accountability for financing the disastrous Project On April 10, 2020, the fly ash dam for the Sasan coal...

Read more May 7, 2020 at 2:46 pm CFA

A Case which made World Bank Legally Accountable

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...

Read more March 5, 2020 at 12:50 pm Joe Athialy

First Anniversary of a Landmark Judgment

A year back, on February 27 2019, in a landmark judgment, the Supreme Court of the United States ruled that the World Bank is not above the law. For details and more information: https://www.cenfa.org/projects-in-focus/tata-mundra-ultra-mega-project/

Read more February 28, 2020 at 1:04 pm CFA

US Federal Court Rules in Favour of IFC in Tata Mundra Case: Fishworkers and Farmers to Challenge Decision.

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...

Read more February 19, 2020 at 2:39 pm CFA

Too Many Costs for Too Little: The Story of TATA Mundra

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...

Read more January 17, 2020 at 2:43 pm CFA

Too Many Costs for Too Little: The Story of Tata Mundra

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...

Read more January 13, 2020 at 3:13 pm CFA

Tata Mundra Ultra Mega Power Project: A decade of disemPOWERing communities

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...

Read more December 11, 2019 at 6:44 am Anuradha Munshi

MASS & CFA Awarded Chico Mendes Award 2019

Machimar Adhikaar Sangharsh Sangathan (MASS) and Centre for Financial Accountability (CFA) get Chico Mendes Award 2019 Statement by CFA It’s an honour to be selected for the Chico Mendes Award 2019, shared with Machimar...

Read more September 22, 2019 at 8:03 pm CFA

Inspection Panel’s Report on Amaravati Project only Validates the Issues Raised by CSOs

For immediate release Inspection Panel’s Report on Amaravati Project only Validates the Issues Raised by CSOs July 26, 2019: Confirming the concerns raised by the communities and civil society organisations, Government of India withdrew...

Read more July 26, 2019 at 5:42 am WGIFIs

Press Release: After World Bank, AIIB Pulls Out of Amaravati Capital City Project

Press Release | July 23, 2019 After the World Bank, Asian Infrastructure Investment Bank Pulls Out of Amaravati Capital City Project New Delhi: The China-led Asian Infrastructure Investment Bank (AIIB) pulled out of Amaravati Capital...

Read more July 23, 2019 at 7:20 pm WGIFIs
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Centre for Financial Accountability

Address: Address - R–21, Basement, South Extension-2, Delhi – 110049

Phone: +91-11-49123696
E-mail: info@cenfa.org
Website: http://www.cenfa.org/

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