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).
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.
Transcripts of the intervention made by Mr. Paul Quintos and Miss Tessa Khan of the Asia Pacific Women on Law and Development (APWLD) at the Interactive Stakeholder Dialogue at the Joint Financing for Development and Post-2015 Processes.
Corporate Accountability International (CAI) and IBON International joined forces in Washington, D.C. this week to challenge the World Bank Group on its role in privatized water utilities.
The goal to end extreme poverty worldwide by 2030 is now part of the World Bank Group’s (WB) new vision, adopted at its 2013 Spring Meetings in Washington, D.C. in April. The WB also adds the promotion of “shared prosperity” as another goal. The Bank’s strategy based on this vision is set to be unveiled in the 2013 Annual Meetings on 11-13 October.