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...
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...
 March 31, 2019, Mundra, Gujarat: In an afternoon with 41-degree heat, hundreds of men, women, and children from Navinal and Tagri villages of Kutch, and members from the civil society and peoples’ movements from across...
In late February, the US Supreme Court ruled against the claim by the International Finance Corporation (IFC), the World Bank’s private sector arm, to absolute immunity from suit in the US. The case was...
For Immediate Release Villagers Celebrate The Historic US Supreme Court’s Verdict Which Ended The Immunity of the IFIs March 31, 2019, Mundra: The air in Mundra filled with the slogans like Kaun Banata Hai...
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:Â 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...
Answering to a question in the parliament, Pon Radhakrishnan, the Minister of State in the Ministry of Finance, revealed that between the financial year 2015-2018, India paid Rs 396.775 crore as Commitment Charges to the...
As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions...
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...
The briefing note discusses the International Finance Corporation’s (IFC) analysis and estimates of the investment opportunities in infrastructure development opening up, primarily for the private sector, in the urban areas due to the aggravating...
The Mundra residents hope the US top court will allow them to sue the World Bank’s IFC, which partly funded Tata Group’s thermal power project. NEW DELHI–Villagers fighting against a controversial Tata Group thermal...