Victory for public health and the environment! The International Finance Corporation (IFC) withdraws from the proposed investment of USD 40 million for four waste incineration plants in Gujarat, India.
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Revisiting Bretton Woods@ 80: Critiques and Calls for Change in Global Development
In 1994, the New York Times described the World Bank and International Monetary Fund (IMF) as “overlords of Africa” and ostensibly so the bankers have indeed become overlords of the global south since the globalisation...
Interrogating the World Bank and IMF at 80: Development or hypocrisy?
On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Reconstruction and Development and the IDA – International Development Association) and the International Monetary Fund...
Statement to the multilateral development banks: Criteria for public investments in 100% renewable energy for climate, for people, for the planet.
In response to the urgent need for global climate action, the COP28 climate negotiations set a target to triple global renewable energy capacity by 2030, demanding a significant transfer of public finance towards the...
World Bank @ 80: Radical Restructuring, Not Reforms
The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The past eight decades did not...
Response to the Reserve Bank of India’s Draft Prudential Framework for Project Finance
“Civil society organisations urge RBI to incorporate environmental, climate and social considerations in the project finance framework!”
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...