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International Financial Institutions

Dr. Kim of the World Bank Must Walk the Talk on Climate

Nezir Sinani | Posted 06.13.2014 | Green
Nezir Sinani

The World Bank has not yet addressed climate issues systematically. Most notably, its Safeguard Policy framework does not require climate change risk assessments for Bank projects. This gap in policy has allowed the World Bank to continue financing projects with serious implications for our climate and to essentially ignore the issue completely.

Kate Sheppard

Another International Lender Pledges No More Coal

HuffingtonPost.com | Kate Sheppard | Posted 01.25.2014 | Politics

WASHINGTON -- The U.S. Export-Import Bank has joined the growing list of international financial institutions that will no longer finance coal project...

Are Financial Institutions Serving Women Well?

Mary Ellen Iskenderian | Posted 08.04.2013 | Impact
Mary Ellen Iskenderian

2013-04-23-theraiseforwomenchallenge300x60.jpg Is it enough to have an institution with a stated commitment to serving women? Or does an institution have to serve a client base that is proportional to the male-female population in the region? Or are there other factors we need to measure?

Next World Bank President: Two Non-U.S. Candidates for the Short List

Nancy Birdsall | Posted 05.01.2012 | World
Nancy Birdsall

It is high time that the Bretton Woods institutions adapted to changing global realities. The next World Bank president will need the legitimacy and wide support that only an open and merit-based selection process can ensure.

This Time Really Is Different (Is the Money There for Europe and the Rest of the World?)

Nancy Birdsall | Posted 01.18.2012 | World
Nancy Birdsall

This is a joint post with Amar Bhattacharya of the G-24. It is more obvious every day that Europe cannot save itself. A meltdown in Europe would not ...

Access to Information at the World Bank: The First 99 Days

Chad Dobson | Posted 05.25.2011 | World
Chad Dobson

Co-authored by Rebecca Harris October 7th marked the 99th day of implementation of the World Bank's revised Policy on Access to Information. Civil ...

Economist Jeffrey Sachs makes the case for contract transparency at Annual Meetings of World Bank/IMF

Chad Dobson | Posted 05.25.2011 | Business
Chad Dobson

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...

Energy Poverty: NGOs Question How the World Bank Will Bring Power to the Powerless

Chad Dobson | Posted 05.25.2011 | Green
Chad Dobson

As the Bank shapes its energy sector strategy, civil society emphasized that World Bank energy investments must absolutely prioritize energy access for the poor, as well as low carbon development.

Civil Society Lights the World Bank's Path to Clean Energy at Spring Meetings

Chad Dobson | Posted 05.25.2011 | Green
Chad Dobson

Before approval of the World Bank's request for a $86.2 billion general capital increase, civil society should at least have a draft of an energy strategy in which the bank stops funding coal.

World Bank Convenes Multi-Stakeholder Energy Consultation in DC

Chad Dobson | Posted 05.25.2011 | Green
Chad Dobson

More than one hundred participants attended the consultation as part of an open dialogue with the World Bank as they continue to shape their Energy Strategy Approach Paper.

Civil Society Sounds Off on IFC Policies in Istanbul

Chad Dobson | Posted 05.25.2011 | Business
Chad Dobson

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."

On Current Path, IFC Is Set to Become Bigger Than the World Bank in Five Years

Vijaya Ramachandran | Posted 05.25.2011 | Business
Vijaya Ramachandran

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.

Put the Brakes on the Bank: Carbon Finance in Indonesia

Chad Dobson | Posted 05.25.2011 | Business
Chad Dobson

The World Bank's current struggle within its Forest Carbon Partnership Facility illustrates the difficulty of building a solid programmatic foundation that incorporates civil society concerns.