Impact Report – Against All Odds

2025 IMPACT REPORT AGAINST ALL ODDS 2025 IMPACT REPORT AGAINST ALL ODDS Message from the Executive Director Last year was brutal for the ideals we hold dear. Decades of hard-won human rights and environmental protections were rolled back, corporations gained new license to exploit vulnerable communities and fragile ecosystems, & climate commitments were abandoned. Sometimes, […]

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 […]

China Global Newsletter | Edition 10

 China Global Newsletter | Edition 10: January 2025  Is China a “last resort” for financing high-risk projects? As Chinese companies and banks expanded their global reach at the start of this century, a common narrative emerged that Chinese investors and financiers were willing to support projects that other investors saw as too risky. This narrative […]

External Investigation Into Alleged IFC Cover-Up Must Be Robust and Transparent

On March 13, 2024, World Bank Group (WBG) President Ajay Banga announced an external investigation of allegations of interference in the IFC Compliance Advisor Ombudsman (CAO) process as relates to IFC’s investments in Bridge International Academies. We welcome President Banga’s announcement. It represents a positive, albeit belated, response to a call made by 35 international […]

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 […]