Bank Information Center

Bank Information Center The Bank Information Center partners with civil society in developing and transition countries to influence the World Bank and other international financial institutions to promote social and economic justice and ecological sustainability.

BIC is a resource for government employees, IFI staff, the media, students, and the general public.

BIC is a resource for government employees, IFI staff, the media, students, and the general public.

Mission: The Bank Information Center (BIC) partners with civil society in developing and transition countries to influence the World Bank and other international financial institutions (IFIs) to promote social and economic justice and ecological sustainability. BIC is an independent, non-profit, non-governmental organization that advocates for the protection of rights, participation, transparency, and public accountability in the governance and operations of the World Bank Group and regional development banks.

Friday was #WorldChildrensDay, and BIC used the opportunity to shine a light on the status of child protection around th...
11/23/2020
How can the World Bank play an active role in addressing the child protection gap? | Bank Information Center

Friday was #WorldChildrensDay, and BIC used the opportunity to shine a light on the status of child protection around the world. We urged the World Bank to protect the world’s most marginalized children through a concerted and coordinated response to COVID-19 that prioritizes child protection.

https://bankinformationcenter.org/en-us/update/how-can-the-world-bank-play-an-active-role-in-addressing/

The global child rights community has spoken out about the need to fill the financing gap to enhance child protection in the wake of COVID-19. We shine a light on the issue and offer rationale for and a few practical ways the World Bank can incorporate some of the latest recommendations through its....

The indirect effects of COVID-19 threaten to reverse recent global health achievements. We suggest how the Global Financ...
11/18/2020
How can the GFF Multi-Stakeholder Country Platforms contribute to robust maternal, child and adolescent health programming amid the COVID-19 pandemic? | Bank Information Center

The indirect effects of COVID-19 threaten to reverse recent global health achievements. We suggest how the Global Financing Facility Multi-Stakeholder Country Platforms can play a key role in alleviating disruptions in essential maternal, child, and adolescent health services.

https://bankinformationcenter.org/en-us/update/how-can-the-global-financing-facility-multi-stakeholder/

The indirect effects of the COVID-19 pandemic threaten to reverse maternal and child health achievements made in recent  years. We provide several recommendations for how the Global Financing Facility Multi-Stakeholder Country Platforms can play a key role in helping to alleviate disruptions in ess...

BIC's November Newsletter features our latest updates on the impacts of the U.S. election on the IFIs, analyses of the W...
11/13/2020
BIC November 2020 Newsletter

BIC's November Newsletter features our latest updates on the impacts of the U.S. election on the IFIs, analyses of the World Bank's policies on reprisals and access to information, and how the Bank can address the intersection of poverty and climate change. We also provide news on our project monitoring and more. Check it all out and subscribe:
https://bit.ly/3nelojW

The Bank Information Center welcomes the election of Joe Biden and Kamala Harris as the next President and Vice President of the United States. We look forward to working with the new administration to improve the governance and operation of the international financial institutions (IFIs) in which t...

BIC welcomes the election of Joe Biden and Kamala Harris as the next President and Vice President of the United States. ...
11/12/2020
How can a Biden administration strengthen the United States’ role at the International Financial Institutions? | Bank Information Center

BIC welcomes the election of Joe Biden and Kamala Harris as the next President and Vice President of the United States. We reflect on how the new administration can champion reforms that enhance accountability, inclusion, and sustainability at the IFIs:

https://bankinformationcenter.org/en-us/update/how-can-a-biden-administration-strengthen-the-united/

The recent U.S. presidential election presents an opportunity for the U.S. to enhance accountability, inclusion, and sustainability at the International Financial Institutions. We provide several recommended steps the Biden administration can take to prioritize engagement with the IFIs.

In its rapid response to COVID-19, the World Bank has shown that it recognizes how this health crisis impacts its goals ...
11/04/2020
Why is climate change central to the World Bank's mission and how should it respond? | Bank Information Center

In its rapid response to COVID-19, the World Bank has shown that it recognizes how this health crisis impacts its goals of reducing poverty and boosting prosperity. We look at how the climate crisis intersects with these goals and how it can use its climate response to achieve them.

https://bankinformationcenter.org/en-us/update/in-its-rapid-response-to-covid-19-the-world-bank-has

In its rapid response to COVID-19, the World Bank has shown that it recognizes how this health crisis impacts its goals of reducing poverty and boosting prosperity. We look at how the climate crisis intersects with these goals and how it can use its climate response to achieve them.

At the 2020 Civil Society Policy Forum, BIC joined partners in urging the World Bank to pursue a just recovery. Our sess...
10/27/2020
What are some key takeaways from the World Bank’s Civil Society Policy Forum? | Bank Information Center

At the 2020 Civil Society Policy Forum, BIC joined partners in urging the World Bank to pursue a just recovery. Our sessions focused on centering the needs of communities in development, especially as the Bank looks to build back better in its COVID-19 recovery.

Check out our takeaways and watch the recorded sessions:
https://bankinformationcenter.org/en-us/update/cspf-key-takeaways

At the 2020 Civil Society Policy Forum, BIC joined partners in urging the Bank to pursue a just recovery. Our sessions focused on centering the needs of communities in development, especially as the Bank looks to build back better in its COVID-19 recovery.

U.S. Senators urge President Malpass of the World Bank to select a candidate for Vice President of the CAO that embodies...
10/21/2020
U.S. Senators push for independence and diversity in selecting the next CAO Vice President | Bank Information Center

U.S. Senators urge President Malpass of the World Bank to select a candidate for Vice President of the CAO that embodies independence and diversity. An experienced leader is essential to effectively serve communities and shape accountability at the IFC - International Finance Corporation.
Support from Congress for robust accountability reforms reinforces CSOs advocacy for project-affected communities. This letter enhances CSOs push for a CAO leader that demonstrates the necessary independence, experience, and diversity.
Accountability Counsel Inclusive Development International Center for International Environmental Law

https://bankinformationcenter.org/en-us/update/u.s.-senators-push-for-independence-and-diversity-in/

As President Malpass of the World Bank prepares to select the next CAO Vice President, U.S. Senators weigh in on the importance of a strong candidate that represents independence and diversity.

BIC joined 61 civil society organizations in sending a letter to the President of the World Bank Group regarding the sel...
10/19/2020
What should the World Bank president prioritize in the selection of the next CAO Vice President? | Bank Information Center

BIC joined 61 civil society organizations in sending a letter to the President of the World Bank Group regarding the selection of the next Vice President of the Compliance Advisor Ombudsman (CAO). The CAO is crucially important to the communities that we work with that rely on its independence and technical expertise. This appointment comes at a critical time for the CAO, and the larger accountability framework for the IFC, and we are urging President Malpass to select a candidate that demonstrates the independence, experience, and diversity that we believe are necessary for this position.
https://bankinformationcenter.org/en-us/update/what-should-the-world-bank-president-prioritize-in

BIC joined 61 civil society organizations in sending a letter to the President of the World Bank Group regarding the selection of the next Vice President of the Compliance Advisor Ombudsman (CAO). We appreciate President Malpass’s commitment to an independent and robust CAO, as we emphasize the vi...

On #WBActionDay, BIC joins CSOs across the world in urging the World Bank to take bold decisions during #WBGMeetings to ...
10/16/2020

On #WBActionDay, BIC joins CSOs across the world in urging the World Bank to take bold decisions during #WBGMeetings to ensure public money spent as part of COVID recovery is not making the climate crisis worse but ensuring a green, sustainable, just recovery for all. We echo The Big Shift Global's 3 key asks:
1. End financing of all fossil fuels
2. Rapidly scale up investment in energy access & a just transition
3. Work with its peers to release a joint MDB framework on alignment with 1.5°C by the end of 2020
#WBOutofFossils

Ten years into implementation, the World Bank’s Access to Information Policy offers a key entry point for civil society,...
10/14/2020
What is the future of access to information at the World Bank? | Bank Information Center

Ten years into implementation, the World Bank’s Access to Information Policy offers a key entry point for civil society, communities, and the public to learn about the Bank’s projects, operations, and policies. Moving forward, the Bank should rethink how its information can be more community-oriented and how it can continue to broaden access to information.

https://bankinformationcenter.org/en-us/update/what-is-the-future-of-access-to-information-at-the/

Ten years into implementation, the World Bank’s Access to Information Policy offers a key entry point for civil society, communities, and the public to learn about the Bank’s projects, operations, and policies. Moving forward, the Bank should rethink how its information can be more community-ori...

On this International Day of the Girl Child, we share our recommendations for how the World Bank can prevent GBV and chi...
10/12/2020
How can the World Bank prevent GBV and child SEA in Uganda’s COVID-19 response? | Bank Information Center

On this International Day of the Girl Child, we share our recommendations for how the World Bank can prevent GBV and child SEA in Uganda's #COVID19 response. The Bank and government must prioritize protecting the rights of women and children.
https://bankinformationcenter.org/en-us/update/how-can-the-world-bank-prevent-gbv-and-child-sea-in/

While the World Bank tackles the health and economic challenges of the COVID-19 crisis, it should consider how its projects can protect against, and avoid contributing to, gender based violence and sexual exploitation and abuse of women and children. We examine lessons learned in Uganda to understan...

10/09/2020
Servindi

Join live now our webinar with partners about the rights of Indigenous Peoples in the Emissions Reduction Program in Peru

Compartimos la transmisión en vivo del evento virtual que examinará el Programa de Reducción de Emisiones (PRE) del Perú y el pago por resultados del Banco Mundial.

El panel promovido por organizaciones indígenas de Perú denunciará cómo el proyecto mantiene actividades y enfoques que podrían desencadenar una colonización descontrolada en la Amazonía.

Peruvian indigenous organizations Aidesep, Codepisam, and Orau, invite you to learn about our proposals on how to improv...
10/08/2020

Peruvian indigenous organizations Aidesep, Codepisam, and Orau, invite you to learn about our proposals on how to improve the Emissions Reduction Program in Peru, financed by the Carbon Fund and managed by the World Bank to protect our rights and strengthen project benefits.

Registration link: https://zoom.us/webinar/register/WN_dRHdGnknRVmpKb1VDwlX2A

Aidesep, Codepisam, y Orau invitan a conocer nuestras propuestas orientadas a hacer más robusto el Programa de Reducción de Emisiones en Perú, financiado por el Fondo de Carbono y administrado por el Banco Mundial con el fin de asegurar la protección de nuestros derechos y fortalecer los beneficios del projecto.

Link para registrarse: https://zoom.us/webinar/register/WN_dRHdGnknRVmpKb1VDwlX2A

As part of the World Bank's Civil Society Policy Forum, BIC and partners Accountability Counsel and Center for Internati...
10/05/2020

As part of the World Bank's Civil Society Policy Forum, BIC and partners Accountability Counsel and Center for International Environmental Law are leading a conversation about the World Bank Group’s accountability systems for project-affected communities, the need for reform, and challenges from #COVID19 response. Join us tomorrow at 10am Washington DC time.
Stream live: https://www.worldbank.org/en/events/2020/10/16/civil-society-policy-forum

GT Infraestrutura
09/29/2020

GT Infraestrutura

Convidamos para o próximo Webinário do Ciclo WEB GT INFRA: Renovação Verde da Economia e Infraestrutura: Qual o papel dos bancos de desenvolvimento?

QUANDO? - Dia 30/09, às 16h.

ONDE? - Evento será via Zoom com tradução simultânea, pois alguns palestrantes falam espanhol.

LINK DO ZOOM: https://zoom.us/j/96072311301

Teremos participantes e convidados do Movimento Xingu Vivo para Sempre, DAR Perú, Bank Information Center, International Accountability Project (IAP), Conectas Direitos Humanos e Inesc.

Vamos juntos pensar em um futuro com infraestrutura e desenvolvimento mais verde e sustentável!

#WebinarGratuito
#infraestruturaverde

What does it mean for the World Bank to take a stand against reprisals?BIC and Oxfam recommend the Bank should implement...
09/29/2020
What does it mean for the World Bank to take a stand against reprisals? | Bank Information Center

What does it mean for the World Bank to take a stand against reprisals?
BIC and Oxfam recommend the Bank should implement clear requirements and procedures for identification and prevention of, and response to, reprisals and retaliation.
https://bankinformationcenter.org/en-us/update/what-does-it-mean-for-the-world-bank-to-take-a-stand/

The World Bank Group has acknowledged the serious issue of reprisals and retaliation against project stakeholders in recent statements and commitments to zero tolerance of these actions. It is now critical that the institution put in place clear requirements and procedures for identification and pre...

BIC recently submitted joint comments on the IFC - International Finance Corporation's Environmental and Social Accounta...
09/25/2020
How can the IFC/MIGA realize the right to effective remedy within the accountability framework? | Bank Information Center

BIC recently submitted joint comments on the IFC - International Finance Corporation's Environmental and Social Accountability Review. Along with Accountability Counsel, Center for International Environmental Law, Inclusive Development International, and Arab Watch Coalition, we recommend reforms that will strengthen accountability and provide remedy for communities adversely affected by IFC/MIGA projects.
https://bankinformationcenter.org/en-us/update/how-can-the-ifcmiga-realize-the-right-to-effective/

On September 11, 2020, BIC submitted joint comments on the external review of the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) Environmental and Social (E&S) Accountability to the World Bank Group’s Board of Directors as part of the public consultatio...

After the Inter-American Development Bank approved its final Environmental and Social Policy Framework last week, we're ...
09/24/2020
How does the IDB’s new Environmental and Social Policy Framework benefit people and the environment? | Bank Information Center

After the Inter-American Development Bank approved its final Environmental and Social Policy Framework last week, we're asking: How does the new ESPF benefit people and the planet? We analyze the major improvements and encourage the IDB to pursue inclusive sustainable development.
https://bankinformationcenter.org/en-us/update/how-does-the-idbs-new-environmental-and-social-policy

The IDB Board of Directors approved the final Environmental and Social Policy Framework (ESPF) last week, completing the revision process with a new set of safeguards that reflect important advances for more sustainable development. The changes reflect BIC and civil society organizations’ advoca...

BIC and Accountability Counsel argue that the the new Vice President of the IFC - International Finance Corporation's ac...
09/21/2020
The Search Is On For A New Accountability Leader At The IFC: What's At Stake And Who Can Meet The Challenge? | Bank Information Center

BIC and Accountability Counsel argue that the the new Vice President of the IFC - International Finance Corporation's accountability office, the Compliance Advisor Ombudsman (CAO), needs to be ready to take on challenges and lead in reform efforts. The new leader must commit to serving communities seeking accountability and remedy for harms caused by IFC investments.
https://bankinformationcenter.org/en-us/update/the-search-is-on-for-a-new-accountability-leader-at

This update was co-written with Margaux Day, Policy Director of Accountability Counsel.The process for replacing the Vice President of the International Financial Corporation’s (IFC) accountability office, the Compliance Advisor Ombudsman (CAO), is well underway, and the stakes for selecting the r...

BIC and Farn Argentina's analysis of the World Bank Group's active projects in Argentina's energy sector reveals concern...
09/11/2020
Are the World Bank’s investments in Argentina aligned with its climate change commitments? | Bank Information Center

BIC and Farn Argentina's analysis of the World Bank Group's active projects in Argentina's energy sector reveals concerning levels of continued investment in fossil fuels. The IFC - International Finance Corporation must stop supporting fossils and lead in renewable energy and sustainable development in order to #BuildBackBetter.

Read our full report and recommendations (in English and Spanish):
https://bankinformationcenter.org/en-us/update/are-the-world-banks-investments-in-argentina-aligned

Our recent analysis of the World Bank Group’s investments in the energy sector in Argentina reveals concerning levels of continued investment in fossil fuels. Below we discuss the major findings and recommendations from the report.

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General information

The International Financial Institutions (IFIs) include the World Bank, the regional development banks, and the International Monetary Fund (IMF). They are the largest source of development finance in the world, typically lending between US$30-$40 billion to low and middle-income countries each year. The IFIs, and in particular the World Bank, are a primary source of development knowledge, publishing research that frames the debate on development issues. Other donor institutions often take their lead from the World Bank and the IMF, thus amplifying the impact of those institutions’ lending approaches and decisions. IFI loans to finance investment projects and policy reforms in developing countries are intended to reduce poverty and encourage economic development. However, ill-conceived IFI loans have often caused widespread environmental and social damage including irreversible impacts on natural habitats, displaced communities, and indigenous peoples. IFI activities are often carried out without the informed participation of affected people, non-governmental organizations (NGOs), and-in many cases-even the legislatures of the Banks’ borrowing countries. Moreover, despite some progress the IFIs still do not release comprehensive information in a timely manner during project design and implementation. Finally, as publicly financed institutions, the IFIs should be held accountable for the consequences of the funds they loan to developing countries.

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