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...
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 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...
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 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...
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...
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/
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...
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...
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...
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...
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...
This February, in a landmark decision, the US Supreme Court ruled that financial institutions like the World Bank’s International Finance Corporation (IFC) are not immune from the law of land, and can be held...