Cut Out Taking Those Shortcuts
This February, in a landmark decision, the US Supreme Court ruled that financial institutions like the World Bankās International Finance Corporation (IFC) are not immune from the law of land, and can be held...
Wake Up World Bank
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...
Press Release Peoples Movements and CSOs Welcome the US Supreme Courtās Decision on the Absolute Immunity of the IFIs
For Immediate Release Peoples Movements and Civil Society Organisations Welcome the US Supreme Courtās Decision on the Absolute Immunity of the IFIs March 1, 2019, New Delhi:Peoples movements and civil society organisations from across...
MASS Welcomes The US Supreme Courtās Decision To End The Immunity Of The World Bank Group
This is the first time the US Supreme Court has addressed the scope of international organisationsā immunity February 28, 2019, Mundra, Gujarat:Ā Machimar Adhikar Sangharsh Sangathan (MASS) and the affected communities by the Tata Mundra...
Press Release: Historic Supreme Court Win: WB Group Is Not Above The Law
For Immediate Release February 27, 2019 New Delhi:Ā 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...
Between 2015-2018, India Paid Around Rs 400 Crore As Commitment Charges
Answering to a question in the parliament, Pon Radhakrishnan, the Minister of State in the Ministry of Finance, revealed that between the financialĀ year 2015-2018, India paid Rs 396.775 crore as Commitment Charges to the...
ADB was the Biggest Lender to India in 2018
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...
From Paris to Bangladesh, How the Climate-Change Accord is Imploding
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...
Briefing Note: IFC, Climate Change and Investments in Cities
The briefing note discusses the International Finance Corporationās (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...
For Gujarat Fishermen Fighting World Bank, Donald Trump And US Supreme Court Are Unlikely Allies
The Mundra residents hope the US top court will allow them to sue the World Bankās IFC, which partly funded Tata Groupās thermal power project. NEW DELHI–Villagers fighting against a controversial Tata Group thermal...
Court Quiet, but Potentially Skeptical, on Immunity for International Organisations
The Supreme Court heard oral argument this morning in a dispute over immunity for the International Finance Corporation, an international organization that makes loans to private businesses to finance projects in developing countries. The...
Today in the U.S. Supreme Court: Is the World Bank Group Above the Law?
October 31, 2018, Washington, D.C.Ā āĀ The U.S. Supreme Court heard oral arguments today inĀ Jam v. International Finance CorporationĀ (IFC), a landmark lawsuit that will decide if international organizations are absolutely immune from lawsuits in U.S. courts....
Tata Mundra UMPP: A History of Violations & Peoples’ Resistance
Bharat Patel, General Secretary, Machimar Adhikar Sangharsh Sangathan, narrating the history of violations by the IFC, Tata Mundra Power Plant and Peoples’ Resistance to it. The MAAS filed a case in the US federal...
People’s Movements Challenge World Bank Immunity in US Supreme Court
October 31, 2018, New Delhi.: The Supreme Court of the United States of America heard the oral arguments in the historic case filed by the villagers from Mundra, Gujarat against the absolute immunity granted...
The IFC has not always practised what it preaches
In the run-up to this weekās Supreme Court hearing, the IFC has announced a series of new policy reforms that strengthen its social and environmental commitments, an effort that is undoubtedly motivated in part...
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