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Bridge over Troubled Waters: Accountability at the IFC

The controversy around the IFC’s investment in Bridge Academies, a for-profit education provider in Africa and India, is not going away. Indeed, World Bank President Ajay Banga has committed to an external investigation of the entire fiasco. The Bridge investigation highlighted two significant accountability gaps at the Bank.

Exacerbating Kathmandu's air pollution to an unhealthy level, posing multiple health risks

Exacerbating air pollution in Kathmandu Valley has posed several health risks to its residents, and even slightest exposure to air while going outside has caused irritation, dry cough, and headaches.

World Bank's IFC under fire over alleged abuses at Liberian plantation it funded

The World Bank’s independent watchdog, the Compliance Advisor Ombudsman (CAO), has finalized its investigation into a complaint filed five years ago, alleging grave human rights violations by communities living near the Salala Rubber Corporation in Liberia. The communities accuse the plantation, owned by Belgian multinational Socfin, of land grabbing and forced evictions, pollution of water […]

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