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Energy
September 7, 2019
US Supreme Court Ends Immunity of The World Bank Group
In a historic 7-1 decision, the U.S. Supreme Court decided today in Jam v. International Finance Corporation (IFC) that international organizations like the World Bank Group can be sued in U.S. courts. The Court’s decision marks a defining moment for the IFC – the arm of the World Bank Group that le...
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May 13, 2018
The Trends in Hydro Power Financing in India
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage – nearly double the previous year – while there is a further 20 GW of pumped storage under construction globally. This growth is indicative of impen...
Article
May 14, 2018
Big Push for the Development of Hydropower in India
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage – nearly double the previous year – while there is a further 20 GW of pumped storage under construction globally. This growth is indicative of impen...
Article
February 23, 2026
Huge Overlap in Investments by MDBs, ExIM Banks, and Bilaterals on Critical Sectors
Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has been a recipient of significant funds from different multilateral and bilateral sources. While each of these l...
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June 11, 2018
Legal Experts Urge Supreme Court to Hear Case Challenging World Bank Immunity
International law and human rights law experts are urging the U.S. Supreme Court to hear our clients’ case, Jam v. International Finance Corporation challenging the immunity of the International Finance Corp. (IFC), the private lending arm of the World Bank Group. The Supreme Court has never before...
Article
May 8, 2018
New Report Warns AIIB to do Due Diligence before Investing in NIIF
A latest report has asked Asian Infrastructure Investment Bank (AIIB) to “tread carefully” on National Infrastructure and Investment Fund (NIIF), a fund of fund that seeks to create long-term value for domestic and international investors seeking investment in energy, transportation, housing, water,...
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July 14, 2021
AIIB Warned to “Tread Carefully” Before Turning its Key on NIIF
February 2, 2018, Amsterdam, and New Delhi: The Asian Infrastructure Investment Bank (AIIB) must “tread very carefully” before approving a new USD 200 million deal with India in April 2018, for fear of turning the key on some highly controversial projects, which are now being opposed by the locals. ...
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CFA

Centre for
Financial Accountability