Contents with tag: World Bank
The World Bank Group has been increasingly financing transnational corporations – intentionally referred to as the innocuous ‘private sector.’
The World Bank's shift to "billions to trillions" in development finance threatens more corporate-led development and privatisation through Public-Private Partnerships (PPPs).
The boycott was launched after repeated calls for the Bank to stop promoting PPPs that contain dangerous hidden debts, which are especially damaging for world’s poorest countries.
US Congressional Representative Gwen Moore, a Ranking Member of the House subcommittee tasked with World Bank Group (WBG) oversight, yesterday issued a rare letter of condemnation of the WBG for its failure to prevent conflicts of interest from shaping the decisions of its development finance institution, the International Finance Corporation (IFC), in its projects in the water sector.
Last February 29, IBON International together with more than 50 civil society organisations(CSOs) from around the globe urged the World Bank (WB) to push for more financial transparency on Public-Private Partnerships (PPPs).
In this previously unpublished article, our executive director, Amy Padilla, reflects on the IMF-World Bank Annual Meetings and the parallel People's Global Conference held in October 2018.
On October 8 to 14, people’s movements and civil society organisations will gather at the People’s Conference against IMF-World Bank in Bali, Indonesia, as the Annual Meetings run from October 12-14.
On the same week as this year's IMF-World Bank Annual Meetings, this Conference will gather the broadest assembly of people's movements, non-government and civil society organizations adversely affected by IMF-WB's policies and schemes.
Infographics on the World Bank's approach on "Maximizing Finance for Development" (previously called the "Cascade" approach) courtesy of Dana Uy, a student from the University of Santo Tomas on internship at IBON International. Read more: The World Bank Group's Corporatization of Development (2018).
On 26 April 2018, Jennifer del Rosario-Malonzo participated at the 2018 Financing for Development Forum.