The World Bank’s support for giant coal fired power plants in India and South Africa illustrate the organisation’s many institutional failings. This article is part of a series by openDemocracy and the Bretton Woods...
The case, which now goes back to a US district court, relates to alleged pollution caused by a Gujarat-based power plant partly funded by IFC. On February 27, the US Supreme Court ruled in...
Executive summary from the report Banking on Climate Change, Fossil Fuel Finance Report Card 2019. The report is prepared by Rainforests Action Network, BankTrack, Sierra Club, Oil Change, Indigenous Environmental Network, Honour The Earth. This year, 163...
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...
Absolute immunity leads to impunity, and that foments lack of transparency and the reluctance to be held accountable Over three decades back, it looked quite impossible to ask the World Bank to review a...
For Immediate Release Peoples Movements and Civil Society Organisations Welcome the US Supreme Court’s Decision on the Absolute Immunity of the IFIs March 1, 2019, New Delhi:Peoples movements and civil society organisations from across...
This is the first time the US Supreme Court has addressed the scope of international organisations’ immunity February 28, 2019, Mundra, Gujarat: Machimar Adhikar Sangharsh Sangathan (MASS) and the affected communities by the Tata Mundra...
For Immediate Release February 27, 2019 New Delhi: In a historic 7-1 decision, the U.S. Supreme Court decided in Jam v. IFC that international organizations like the International Finance Corporation of the World Bank Group...
The Paris Rulebook (renamed the ‘Katowice Rulebook’ by many), the outcome of 24th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP24), exposes the perils of a pledge-and-review system. In...
The onslaught of a new power plant on the fragile ecology of the Sunderbans is fresh proof of the futility of climate reforms. We bring you a ground report. Until two years ago, 28-year-old...
नेशनल थर्मल पाॅवर काॅरपोरेशन (एनटीपीसी) भारत के चार ‘‘नवरत्नों‘‘ में से एक होने के साथ, एक “फार्च्यून 500” कंपनी भी है। भारत के विकास में एनटीपीसी ने चार दशकों से ऊपर एक अहम् भूमिका...
October 31, 2018, Washington, D.C. – The U.S. Supreme Court heard oral arguments today in Jam v. International Finance Corporation (IFC), a landmark lawsuit that will decide if international organizations are absolutely immune from lawsuits in U.S. courts....
This exclusive report documents the violations caused by the NTPC’s power plants on various fronts over the past decade — forceful land acquisition, environmental damage caused to communities, toxic pollution due to large-scale coal-fired...
IFC will now ensure that the financing process only supports targeted areas — such as projects promoting energy efficiency, renewables, women business-owners, or small and medium-sized enterprises New Delhi: Civil society groups from across...
Today, rooftop solar capacity is 1,200 MW only as against Centre’s target of 40,000 MW by 2022 Nagpur: With financing continuing to be a serious impediment in achieving the country’s clean energy goals, the latest...