IFC
No breakthrough on the big issues at Spring Meetings
Oxfam's Nadia Daar commented on the Bank and the IMF's progress on climate change, inequality, education, and more.
G20 faces big test in China about its effectiveness
This year’s G20 Summit will raise the stakes for the group to prove itself against growing doubts about its effectiveness – not least for people living in poverty, says Oxfam.
International investors must withdraw all involvement now from deadly Honduras dam project, says Oxfam
The assassination last week of Honduran activist Berta Cáceres – who championed the cause of indigenous land rights – shows that international companies have no place now in continuing their support for the Agua Zarca dam she was fighting against.
Billions in “out of control” IFC investments into third-parties causing human rights abuses around the world
The International Finance Corporation has little accountability for billions of dollars’ worth of investments into banks, hedge funds and other financial intermediaries, resulting in projects that are causing human rights abuses around the world.
The suffering of others
Increasingly, development money is being channelled through third parties such as banks or private equity funds. This report tells the human story behind the high finance and statistics.
World Bank Group’s billion dollar private sector health initiative in Africa is failing to reach the poor
A billion-dollar flagship scheme to support private sector-led health care in Africa is bypassing poor people and concentrating instead on high-end urban hospitals catering mainly for the rich.
Investing for the Few
The Health in Africa initiative of the International Finance Corporation, which promotes private sector healthcare delivery, is extremely unlikely to deliver better health outcomes for poor people.
New investigation finds ‘don’t ask, don’t tell’ policy leads to IFC blunders in Honduras human rights scandal
An internal investigation released last night finds that World Bank Group staff kept quiet about a plantation company’s role in a violent land conflict in Honduras, when proposing loans to one of Central America’s top ten banks which funded it.
Christine Lagarde and Jim Kim at the IMF-World Bank spring meetings
Oxfam's Nicolas Mombrial said: “The IMF and World Bank have admitted the dangers of skyrocketing inequality, but they’re not showing any concrete signs of dealing with the problem.
A Dangerous Diversion
The Lesotho health public–private partnership (PPP) has been described as opening a new era for private sector involvement in healthcare in Africa.
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