World Bank weighs consolidating its three accountability mechanisms
Submission on Reforming IFC Performance Standards on Land Acquisition and Involuntary Resettlement
The International Finance Corporation (IFC) is in the process of updating its Sustainability Framework, including its Performance Standards on Environmental and Social Sustainability, a set of requirements for how IFC clients should avoid, mitigate and manage environmental and social risk in their projects. The IFC Performance Standards not only influence how the IFC and its […]
Rights Groups Call for an End to Forced Displacement to Advance a Just Energy Transition
More than sixty human rights, environmental justice and Indigenous Peoples’ organizations have endorsed a policy proposal for a new, rights-based approach to community participation in decision-making about investment projects that impact their land and lives. The proposal, authored by Inclusive Development International, warns that adoption of this new approach is urgently needed to ensure that […]
Statement by Civil Society and Community Organizations on the Adoption of the First Remedy Framework at the World Bank Group
On April 3, responding to intense sustained advocacy efforts by project-affected communities and civil society organizations, the respective Boards of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), the private sector arms of the World Bank Group, approved their long-awaited Interim Remedial Action Framework (RAF) which has now been published. The […]
One year on: No remedy or accountability for survivors of sexual abuse at World Bank Group funded schools in Kenya
Joint Statement by Inclusive Development International and Accountability Counsel (March 13, 2025) – One year ago today, World Bank Group President Ajay Banga apologized to survivors of child sexual abuse at Bridge International Academies, acknowledging “the trauma they experienced” at the World Bank Group-funded schools and committed to supporting them. A March 2024 report from […]
IFC response to problematic Philippine investment lacking, says watchdog
BREAKING: World Bank Group guilty of coal cash cover-up despite climate commitments
(MANILA, Philippines – January 21, 2025) – Communities and rights organizations involved in an ongoing complaint against the International Finance Corporation (IFC), the World Bank’s private sector arm, accuse the multilateral development bank of covering up the harms caused by its support for the construction of 10 coal-fired power plants in the Philippines. This follows […]
Joint Statement on Bridge 4 Management Action Plan Implementation Expressing Civil Society and Survivor Concerns
Between 2013 and 2022, the International Finance Corporation (IFC) invested $13.5 million in Bridge International Academies, a for-profit school chain in Kenya, to support affordable education for low-income children. In 2020, allegations of child sexual abuse within Bridge schools surfaced and the Compliance Advisor Ombudsman (CAO) initiated an investigation, and published its report in early […]
IFC standards review must respond to UN’s call for rights-based transition mineral value chains
AngloGold Ashanti accepte un règlement financier avec la communauté « Area One » déplacée par sa mine en Guinée
Plus de 360 familles qui ont été déplacées de force pour permettre l’expansion de la mine d’AngloGold Ashanti à Siguiri, en Guinée, seront indemnisées par l’entreprise. Cet accord est l’aboutissement d’un processus de médiation de six ans sous les auspices du bureau du conseiller médiateur du Groupe de la Banque mondiale.