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Press Releases

Home > Archive for Press Releases

Civil society urges for a world without the World Bank | Press Release

The International Monetary Fund (IMF) along with the Board of Governors of the World Bank (WB) Group is having its annual Spring meeting from April 18th- 24, 2022 in order to commemorate another year...

Read more April 22, 2022 at 1:09 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

Conference Interrogating the Green Finance Begins

New Delhi: The 3rd Energy Finance Conference India (EFCI) 2021 began today (Dec 14) with a session on Adaptation, Loss and Damage – COP26 and the Money Trail. Presided by Prof Sudhir Chella Rajan,...

Read more December 14, 2021 at 7:52 pm CFA

PFC was the sole coal financier in 2020 | Press Release

New Delhi, December 14, 2021: Coal vs Renewables Financial Analysis 2020 identifies PFC, and its subsidiary REC, as the sole state-owned financial institutions that provided project financing to coal power projects in 2020.

Read more December 14, 2021 at 4:13 pm CFA

BRICS Summit: People’s Forum calls it “lost opportunity”

The  13th BRICS Summit, chaired by Indian Prime Minister Narendra Modi and attended by Brazil President Jair Bolsanaro, South African President Cyril Ramaphosa, Russian President Vladimir Putin, and Chinese President Xi Jinping was held...

Read more September 10, 2021 at 6:00 pm CFA

Press Release on the inaugural of Energy Finance Conference India

The Inaugural Session of the 2nd Energy Finance Conference India 2020 builds the blueprint for an economically and socio-politically feasible sustainable energy transition A distinguished panel of academics, policy experts and activists pitches for...

Read more December 8, 2020 at 4:21 pm CFA

Project finance to coal in India dropped 82% YoY in 2019

November 24, 2020: The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year on year decline in coal funding following a 90% decrease in 2018. The report finds a 126%...

Read more November 24, 2020 at 12:28 pm CFA and Climate Trends

World Without World Bank Possible: Activists

Action Week on World Bank Brings Together Social & Political Activists, Probing their Past  and Demanding Accountability Press Release |  October 16, 2020 New Delhi: A key message reverberating in the week long protest...

Read more October 16, 2020 at 4:15 pm CFA

Indian Civil Society Groups Announce “World Without World Bank” Action Week

Highlight the Impacts on Key Sectors in India During IMF-WB 2020 Annual Meetings Date: 12 October, 2020 New Delhi: People’s Movements, Civil Society Groups, and concerned citizens are coming together to protest the World...

Read more October 12, 2020 at 8:36 pm CFA

“Ultimately the rubber will meet the Road”

Social activists express hope for the future in webinar series on “Reimagining the Future” Press Release | Sept 15, 2020 “The lockdown worked like a chemical experiment where hidden injustices were brought to the...

Read more September 15, 2020 at 9:37 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

Janta Parliament: Session 8

Peoples Parliament: Economy was unwell even before the pandemic, needs new thinking to recover Renowned economists, entrepreneurs, politicians and others come together to throw light on various facets of the current state of the...

Read more August 24, 2020 at 2:20 pm CFA

The greatest shame inflicted on poor people of the country was by PM Narendra Modi: Veteran Trade Unionist D. Thankappan

Press Release | May 29, 2020 New Delhi: Leading trade unionists were univocal in their assertion that despite labour is extremely important within the mechanism of wealth creation, labour rights continue to be ignored....

Read more May 29, 2020 at 7:51 pm CFA

India Tops G20 Governments as Third Largest Supporter of Coal

Press Release | May 27, 2020 New report updates analysis of public financing for energy projects To view or download the full report: http://foe.org/wp-content/uploads/2020/05/2020.05.26_Still-Digging-report_final.pdf WASHINGTON, D.C. / New Delhi  – A new report released...

Read more May 27, 2020 at 2:01 pm CFA

‘Strengthen Traditional Practices and Livelihoods’ Activists Demand, for a Post Covid Economy

Press Release | May 26, 2020 New Delhi: Social activists and grassroot leaders unanimously contended that in rejuvenation of small-scale traditional industries lies a huge potential for strengthening of the domestic market and generation...

Read more May 26, 2020 at 6:08 pm CFA
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May 17, 2022 0

Fishing Community That Took on World Bank Group Immunity Continues Quest for Justice

Landmark corporate accountability case resulted in critical reforms for the World Bank’s lending arm. Today, the U.S. Supreme Court...

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May 17, 2022 0

Supreme Court rejects World Bank coal case

The Supreme Court today turned down an appeal from a fishing community to review its lawsuit that seeks to...

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