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 […]

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 […]

World Bank is backing dozens of new coal projects, despite climate pledges

The International Finance Corporation (IFC), the private lending arm of the World Bank Group, is indirectly backing dozens of new coal projects throughout Asia, according to a new report, Blowing Smoke: How Coal Finance is Flowing through the IFC’s Paris Alignment Loopholes. The report, based on research conducted by Inclusive Development International, Recourse and Trend […]

Limbah Beracun dari PLTU Ancam Kesehatan dan Lingkungan, Masyarakat Banten Kecam Bank Dunia Karena Dukung Proyek Batu Bara Jawa 9-10

Limbah Beracun dari PLTU Ancam Kesehatan dan Lingkungan, Masyarakat Banten Kecam Bank Dunia Karena Dukung Proyek Batu Bara Jawa 9-10  Banten, 14 September 2023 – Masyarakat Banten secara resmi telah mengajukan pengaduan terhadap Grup Bank Dunia yang secara tidak langsung mendukung pembangunan dua pembangkit listrik tenaga uap (PLTU) batu bara Jawa 9 dan 10 ke […]