World Bank: Jim Yong Kim and beyond
Here’s a lowdown on what good and bad came out of Kim’s reign as the bank’s president and what seems to be the future of the coveted title Jim Yong Kim resigned from the...
Here’s a lowdown on what good and bad came out of Kim’s reign as the bank’s president and what seems to be the future of the coveted title Jim Yong Kim resigned from the...
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...
“There was no example to follow on September 22, 1993, when the Bank’s Board of Executive Directors approved a resolution establishing the Inspection Panel. Over the next 25 years, the Panel forged a legacy...
Meera Sanghamira of the NAPM speaks on the various violations being done to implement the Amaravati Capital City Project. People’s response to it including approaching the World Bank’s Inspection Panel, which visited and submitted...
In 2015, farmers and fishworkers from rural India sued the World Bank Group in Washington, D.C., over impacts from a disastrous coal-fired power plant project that they said destroyed their livelihoods and damaged their...
Doing business report isn’t about economic milieu; it’s about lax regulations. This refers to your editorial, ‘Serious business’ (IE, November 2). It notes the improvement in India’s ranking, but also strikes a cautious note...
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...
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...
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...
In the run-up to this week’s 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...
The plaintiffs contend that the plant’s construction caused saltwater to leach into the local groundwater. They say that the plant’s ‘cooling system discharges thermal pollution into the sea, killing off marine life on which...
The AIIBs vision must comprise multi-dimensional aspects, including social infrastructure like health and education. It should focus on people, their involvement and fundamental rights in the city. The Asian Infrastructure Investment Bank (AIIB) has...
NUSA DUA, Indonesia — Civil society groups have welcomed a move by the International Finance Corporation to transition the financial institutions it invests in away from supporting coal projects — but some say it...
This year, the Inspection Panel, the accountability mechanism of the World Bank, is completing 25 years. The World Bank’s failure to comply with its operating policies was seen by the entire world in the...
October 5, 2018, New Delhi: Medha Patkar, Bharat Patel, Nityanand Jayaraman and other members of the CSOs across India, have criticised the Working Group of the World Bank Board’s Committee on Development Effectiveness (CODE),...