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... Items 1 to 10 of 1612Submission on the World Bank and IFC to DFID's multilateral aid reviewAs the UK government reviews its funding and relationships with multilateral organisations, we argue that the World Bank Group's poor performance, lack of country ownership and accountability, and tendency to 'mission creep', require a focus on institutional and policy change at the Bank, and no increase in funding. read article... Update on the Climate Investment Funds July 2010 summaryAs pilot countries are selected and funding allocated, concern mounts over poor consultation, the weakness of some country proposals, and failure to address governance issues. read article... Meeting of UK NGOs and Susanna Moorehead, UK Executive Director to the World Bank, and Rachel Turner, Director of International Finance Department, DFID July 2010Notes of the meeting read article... Human rights (the World Bank way)Most of the world's governments have ratified at least one human rights treaty or convention. Kirk Herbertson, Kim Thompson and Robert Goodland of the World Resources Institute ask why the World Bank Group - which is owned by these same governments - is hesitant to discuss human rights openly. read article... Is IFC palm oil investment a foregone conclusion?The World Bank is currently undertaking a major review of its controversial engagement in palm oil production, but critics warn that consultation has been inadequate and that the Bank seems to have already decided to continue investment in the sector. read article... World Bank performance standards review reveals need to raise the barWith a review of the social and environmental performance standards of the International Finance Corporation (IFC) underway, reports from within the World Bank Group as well as civil society highlight the need for reform. read article... Pakistan running from the IFIsThe Pakistani government is facing increased pressure from the IMF to meet the requirements of its financial stabilisation programme, agreed in 2008, including the full implementation of a value added tax (VAT) and specific foreign borrowing targets. read article... World Bank fails to focus on results in healthA newly published report adds to mounting criticism of the World Bank’s approach to health projects. read article... World Bank clings to fossil fuels, stumbles on clean energyThe World Bank's energy lending suggests that it remains wedded to fossil fuels, as independent evaluators and civil society groups raise serious concerns about its approach to energy efficiency and renewables. read article... Goodbye to Bank SwirledWith no less than seven references to a certain Colombian singer, the final edition of the annual spoof newsletter Bank Swirled, produced by anonymous Bank staff (we hope in their spare time), has been published. read article... |
Articles: 2881 Related itemsRecent briefings & reports
Submission on the World Bank and IFC to DFID's multilateral aid review 2 September 2010
Update on the Climate Investment Funds: July 2010 summary 27 July 2010
¡No confíe en él!: Desafiando el papel del Banco Mundial en la financiación futura del clima 14 July 2010
Human rights (the World Bank way) 18 June 2010
Clean energy targets for the World Bank: Time for a recount 14 May 2010
Analysis of World Bank voting reforms: Governance remains illegitimate and outdated 30 April 2010 ResourcesUpdates on the FCPF 27 July NGO letter on FCPF delivery partners 28 June Governance in REDD+ 27 June Aid without impact: 11 June Debate between the World Bank, ACTION and Results 9 June What are some of the structural inefficiencies of the World Bank? 3 June Online discussion with World Bank climate change team manager 27 May Renewing the World Bank Strategy for Africa - Consultations 1 May Joint Statement of Indigenous Peoples, Smallholders and NGOs to IFC Consultation on Palm Oil 1 May Speaking up for gender: A step-by-step guide to holding IFIs accountable 30 April Newswire |
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