WBG—World Bank GroupEstablished in 1944 at the Bretton Woods summit the World Bank Group is based in Washington D.C. with some 10,000 staff, 30 per cent of which are based in more than 100 country offices. The current president is Robert Zoellick who was appointed in 2007. The World Bank Group is made up of five organisations: International Bank for Reconstruction and Development (IBRD); International Development Association (IDA); International Finance Corporation (IFC); Multilateral Investment Guarantee Agency (MIGA); and International Centre for Settlement of Investment Disputes (ICSID). read more background... BriefingsREDD and the rights of Indigenous Peoples Ensuring equity and participation in World Bank fundsOne of the most contentious issues under discussion in current climate change debates is how to reduce emissions from deforestation and degradation (REDD) by ensuring protection of the world's rainforests. Mrinalini Rai of the International Indigenous Peoples Forum on Climate Change argues that this initiative, heavily backed by the World Bank among others, raises questions about how to ensure fair compensation to those developing countries that undertake a commitment to such reductions. read article... Country positions for the London SummitOn April 2 several industrialised and emerging market economies will meet at the London summit. Slowly, the policy positions of participating countries are emerging and give an overview of what might be the outcomes of the meeting. This paper gives an overview of official standpoints of participating countries ahead of the summit on a variety of topics and, taking that into considerations, provides an overview of what is likely to be agreed on in the end. read article... Who pays for the Fund and the Bank?The IMF and the World Bank derive their income mainly from their lending operations, charging borrowing countries, and from their investments in financial markets. read article... Items 1 to 10 of 1466Economic crisis: rich countries block reform at UN summitThe first major conference on the financial and economic crisis to involve all countries ended with rich countries blocking substantive reforms demanded by developing countries. The UN conference did however push key issues up the international agenda, such as the need for a better system of international reserves, and for genuine policy space for developing countries. read article... Are we nearly there? Bridging UK supported funds and a post 2012 climate architectureA number of 'pilot' funds are underway to develop climate related interventions in key sectors. Significant UK financing has been dedicated to these funds, primarily through the World Bank. These pilot programmes must be seen as building blocks towards an appropriate post 2012 financial architecture. Based on an emerging UK civil society consensus this paper highlights the form that this architecture should take, what development models it should build upon and what technological approaches it should encompass. read article... Beyond the London Summit Assessing the UK government's response to the financial crisis and charting a way forwardIn this paper we assess the outcomes of the London Summit and the UK government's progress towards the 12 recommendations set out by the Put People First platform in March 2009. The G20 London Summit on 2 April 2009 issued "a global plan for recovery and reform". G20 leaders have not yet gone far enough on the fundamental changes the world needs. The communique appears to have made progress on some critical issues but there were also missed opportunities, especially on building a green economy, and some areas where it moves in the wrong direction. read article... Bretton Woods Project submission on the DFID White PaperIn a submission the the DFID white paper consultation, we set out the significant change needed at the World Bank and IMF to bring them into line both with international norms and with UK policy, in order to improve their contribution to sustainable development. In this submission we outline changes needed in: IFI governance; IFI conditionality policies; IFI policies related to aid effectiveness; IFI policy on climate change; private-sector finance; and the financial sector's impact on development. read article... The World Bank's programs on forests and climate change Civil society event at the World bank spring meetings 2009, 24 AprilA civil society event organised by World Resources Institute (WRI) at the World Bank spring meetings 2009 read article... IFC and broad community support World Bank spring meetings, April 23, 2009Minutes of a session hosted by the IFC at the World Bank spring meetings, April 23, 2009 read article... Clarification: Armenia corruption AllegationsWe would like to appologise for any confusion due to an article in Update 62 on water privatisation. In discussing a Bank project in Yerevan, Armenia, it may not have been clear that all statements about tendering the parliamentary commission, water services, and project material were allegations from the Government Accountability Project (GAP) report. read article... World Bank and IMF launch disclosure reviewsCivil society groups, painfully aware of information access problems at the World Bank and IMF, hope this year's reviews of transparency and disclosure will bring radical improvement. read article... G20 Summit and impacts on developing countriesSummary of IMF and World Bank presentations and the discussion afterwards read article... Meeting between UK civil society and Douglas Alexander, Secretary of State for International Development 21 April 2009Minutes of a meeting between Douglas Alexander, Secretary of State for International Development, and UK NGOs, 21 April 2009 read article... |
Articles: 2499 Related itemsEvents
ResourcesUN conference on economic crisis, outcome document 26 June CSO website on UN conference, including statements 11 June UN Commission on the financial crisis, May 2009 draft of report (Stiglitz Commission) 29 May Gender, finance and climate 20 April Gender, international finance and climate change 20 April IFIwatchnet information on spring meetings 17 April Discusión de la Revista Médica Británica 15 April British Medical Journal discussion on Oxfam report 15 April Republic of Armenia Municipal Development Project: Redacted report 13 April G20 London summit communiqué 2 April Newswire |
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