& Recommendations from the External Review of IFC/MIGA E&S Accountability, including CAO’s Role & Effectiveness We welcome the opportunity to comment on the report of the external review team. At the outset, the recommendations...
of External Review of IFC/MIGA E&S Accountability, including CAO’s 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 statement suspending 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 Jin 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 lending–despite last year’s 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 “Data for Better Lives”. 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 September 2018, the Indian government unveiled a massive three-billion-dollar project—Strengthening Teaching-Learning and Results for States, or STARS— designed in collaboration with the World Bank to improve the country’s education system. While 85 percent...