Bretton Woods Project - Critical voices on the World Bank and IMF

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Sub-Saharan Africa

Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Congo, Dem. Rep. of the, Cote d'Ivoire, Equatorial Guinea, Eritrea, Ethiopia, Gabon, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Western Sahara, Zambia, Zimbabwe. read more...

Briefings

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

At Issue|Lucy Baker|2 April 2008|update 60|url

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical progress on pro-poor, decentralised renewable energy read article...

The IFC's lessons of experience & the Chad-Cameroon oil and pipeline project

Briefing|Korinna Horta, Environmental Defense|23 November 2006|update 53|url

In September 2006 the IFC published its first issue of a new publication entitled Lessons of Experience. However, the IFC's lessons drawn from the external compliance monitoring group in the Chad-Cameroon project read more like a tool to market the concept of external monitors to IFC clients than lessons meant to design a more effective role for the external monitor in improving implementation of social and environmental commitments. read article...

Items 1 to 9 of 165

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

At Issue|Lucy Baker|2 April 2008|update 60|url

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical progress on pro-poor, decentralised renewable energy read article...

World Bank powerless to end Chad abuses

News|Bretton Woods Project|1 April 2008|update 60|url

Chadian president Idriss Déby has used February's failed coup attempt to clamp down on critics of the Bank-supported Chad-Cameroon pipeline. read article...

Bujagali dam under second investigation

News|Bretton Woods Project|1 February 2008|update 59|url

As a result of claims submitted by the Ugandan NGO, National Association of Professional Environmentalists, the Bujagali dam is under investigation again read article...

Panel investigates Ghana's landfill complaint

News|Bretton Woods Project|1 February 2008|update 59|url

In October the board accepted the Inspection Panel's recommendation for a full investigation into a complaint filed by the NGO Centre for Housing Rights and Evictions (COHRE) read article...

Bank violates own policies in Congo

News|Bretton Woods Project|1 February 2008|update 59|url

The findings of an Inspection Panel investigation into the Bank's failure to comply with its own safeguard policies in its support for forest sector reforms in the Democratic Republic of Congo (DRC) was discussed by the board in January read article...

IFC offloads illegal timber trader

News|Bretton Woods Project|1 February 2008|update 59|url

the IFC has offloaded its 3.35 per cent equity stake, worth up to $7.5 million in the Singapore-based global commodities trader, Olam International read article...

Bankspeak of the year 2007

Humour|Bretton Woods Project|1 February 2008|update 59|url

Annual Bretton Woods Project award for the most incomprehensible or absurd use of language in a Bank or Fund document or speech. read article...

IFC and health "unsubstantiated claims"

News|Bretton Woods Project|1 February 2008|update 59|url

In a December report financed by the Bill and Melinda Gates Foundation, the International Finance Corporation (IFC) estimates that over the next decade $25 to $30 billion will be needed to meet the needs of Africa's health care and announced that it will coordinate $1 billion, in equity investments and loans to finance private sector health provision in Sub-Saharan Africa read article...

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