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 […]
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 […]
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.
German government calls on Heidelberg Materials to disclose environmental and social risk assessment for Indonesia mine
Germany’s OECD National Contact Point for Responsible Business Conduct has issued a statement responding to complaints over Heidelberg Materials’ controversial plans to construct a cement mine and factory in Central Java.
Joint Civil Society Statement Ahead of IFC Remedy and Responsible Exit Framework Decision
WASHINGTON, July 16, 2024–Tomorrow, the Committee on Development Effectiveness (CODE) of the World Bank Board of Executive Directors will discuss the IFC’s draft Remedy and Responsible Exit Framework, which is intended to outline how the institution will deliver remedy to communities harmed by projects it finances. This would be the first policy to focus specifically on […]
Ombudsman to investigate World Bank Group ties to toxic Indonesia coal project
(Banten Province, Indonesia – July 11, 2024) The International Finance Corporation’s internal watchdog, the Compliance Advisor Ombudsman (CAO), announced that it is launching an investigation into the institution’s investments in a commercial bank that is financing construction of two new coal-fired power plants at Indonesia’s Suralaya Power Station. The investigation comes in response to a […]
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 […]
Demanding Accountability: Response to Reports of a Child Sexual Abuse Cover Up at the World Bank
*This statement was sent to World Bank president Ajay Banga and its board of directors. We received a response from IFC head Makhtar Diop, which is available here. Our response to that letter is available is here. The undersigned organizations are gravely concerned about the recent media report of child sexual abuse at Bridge International […]
Janji Palsu, Bank Dunia Masih Mendukung Puluhan Proyek Batubara Baru
International Finance Corporation (IFC), lembaga pinjaman swasta dari Grup Bank Dunia,secara tidak langsung mendukung puluhan proyek batubara baru di seluruh Asia, demikianmenurut sebuah laporan baru, Klaim Kosong: Bagaimana Pendanaan Batubara Menembus CelahHukum Paris Alignment oleh IFC. Laporan yang didasarkan pada penelitian yang dilakukan olehInclusive Development International, Recourse, dan Trend Asia, diterbitkan hari ini sebelumPertemuan Tahunan […]