World Bank’s Banga apologizes to kids sexually abused at Bridge schools
IFC Response to Child Sexual Abuse Investigation Fails Survivors; Evades Responsibility

Today the World Bank released a scandalous internal investigation of child sexual abuse allegations at private schools funded by its private sector arm, the International Finance Corporation (IFC). Although World Bank President Ajay Banga has expressed contrition, the IFC’s official management response fails to offer meaningful remedy to the survivors of abuse that it turned […]
Investigation Finds World Bank Failed to Police Abuse at Kenyan Schools
Sex Abuse Inquiry Poses Leadership Test for World Bank’s Ajay Banga
IFC’s Response to Sexual Abuse Scandal Does Not Provide Remedy to Bridge Survivors; Executive Directors Should Reject It

On this International Women’s Day, the International Finance Corporation (IFC) is asking its Executive Directors to endorse an inadequate and flawed Management Action Plan (MAP) in response to the Compliance Advisor Ombudsman’s (CAO) investigation of child sexual abuse at Bridge International schools in Kenya. Executive Directors should reject the proposed MAP. The facts are clear. […]
UK’s Standard Chartered assailed for financing Philippines coal boom

Photo: The Mariveles Coal Power Plant, one of four financed by Standard Chartered. Photo: P199, CC BY-SA 4.0, via Wikimedia Commons Key Points: Human rights and environmental advocates filed a formal complaint with the UK government this week accusing Standard Chartered bank of contributing to human rights violations and failing to provide remediation for harms […]