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International Finance Corporation
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May 24, 2018
CFA Admin
MASS Welcomes US Supreme Court’s Decision on IFC Case
For immediate release MASS Welcomes the US Supreme Court’s Decision to Hear the Case Challenging World Bank Group Immunity This will be the first time the US Supreme Court will address the scope of international organisations’ immunity. May 21, 2018, Mundra, Gujarat: Machimar Adhikar Sangharsh Sanga...
Article
September 7, 2019
CFA Admin
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...
Article
May 13, 2018
Rajesh Kumar
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
Rajesh Kumar
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
August 12, 2019
Michelle Harrison
What You Won’t Hear at the World Bank’s Spring Meetings Next Week
The World Bank Group will host its 2018 Spring Meetings next week, bringing together representatives of governments, banking institutions, civil society, the private sector, and academics to “discuss issues of global concern, including the world economic outlook, poverty eradication, economic devel...
Article
March 14, 2024
CFA Admin
Booklet: Tentacles of International Finance in India
This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and help to understand the overlaps of international financial institutions in certain key sectors....
Article
February 23, 2026
Joe Athialy
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...
Article
June 11, 2018
Michelle Harrison
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
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Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns. 

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