World Bank Group units are aiding the development of a new coal-fired power plant in Indonesia, despite a new bank policy discouraging support for coa...
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Co-authored by Rebecca Harris
On Wednesday, October 6, the opening of the Civil Society Policy Forum of the World Bank/IMF Annual Meetings, economist...
Is there a real business in helping the world's poor? According to the World Resources Institute and the International Finance Corporation, there is.
Global Water policies need change. Water is quickly becoming more and more scarce around the world and nonprofits and and philanthropists are committed to revolutionizing the way we use water.
One German participant summarized: "The IFC places all of the burden of environmental and social safeguards on the client ... The whole world is re-regulating and you should too."
If IFC stays on its current path, its portfolio will become larger than the World Bank in about five years. This is a staggering result for IFC, whose portfolio was in the $2 to $4 billion range less than a decade ago.
"The rule is, jam to-morrow and jam yesterday - but never jam to-day."
"It MUST come sometimes to 'jam to-day,'" Alice objected.
"No, it can't," sai...
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