The Need for a Sanction System for IFC Clients Violating Performance Standards: Ensuring Accountability Beyond Financial Fraud
Author: Amy Ekdawi Imagine two parallel universes within the world of Multilateral Development Banks (MDBs): one where financial integrity reigns supreme, and another where human and environmental well-being often takes IFC and MIGA Adopt First-Ever Remedy Framework: A Milestone for Accountability
In a major step forward for accountability in development finance, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA)—the private sector arms of the World Bank Group—have
Submission To IFC on Remedy and Responsible Exit
On April 20, 2023, an alliance of civil society organizations, including the Arab Watch Coalition, submitted two policy papers to the International Financial Corporation and the Multilateral Investment Guarantee Agency.
A Community is left to pay a hefty price for the IFC to “Learn Free Lessons”
A COMMUNITY IS LEFT TO PAY A HEFTY PRICE FOR THE IFC TO “LEARN FREE LESSONS” TITAN ALEXANDRIA, EGYPT Written by: Amy Ekdawi Background Nestled on the Northern Egyptian Coast,
More than 4,577 individuals Are Urging the IFC to Guarantee Justice for Communities Harmed by Their Development Projects
More than 4,577 individuals from around the world demanded that the International Finance Corporation (IFC) guarantee justice for communities harmed by international development projects. An alliance of civil society organizations
Our Statement for Remedial Action Policy and Responsible Exit
We, the civil society organizations signing this statement, assert that the newly released proposal on remedial action and responsible exit principles by the International Finance Corporation (IFC) and the Multilateral