Latest in
International Finance
April 16, 2025
IFC ends investment in waste-to-energy incineration projects in Gujarat, India, following civil society campaign
While IFC’s withdrawal is welcome, civil society urges the Bank to stop funding WTE projects and move towards zero-waste solutions instead. On 17 February, the International Finance Corporation (IFC), the World Bank’s private sector arm, confirmed it will not provide a planned $40 million loan to su...
Article
Victory for public health and the environment! The International Finance Corporation (IFC) withdraws from the proposed investment of USD 40 million for four waste incineration plants in Gujarat, India.
SOLIDARITY PRESS RELEASE February 21, 2025 – In a major victory for communities, environmental groups, and civil society organisations (CSOs) who have been fighting against the proposed toxic and polluting Waste-to-Energy (WTE) incineration projects in Gujarat, India, the International Finance Corpo...
Article
January 25, 2025
Response to the Cost and Benefit Analysis of the Asian Development Bank Accountability Mechanism by the Asian Development Bank 
At the very outset, we would like to appreciate ADB in doing this analysis and sharing the information publicly. The costs We are astonished by the fact that $5 mn (2023 prices) was spent on the project since the complaint was filed with CRP until it was closed prematurely in 2018. The expenses l...
Article
December 23, 2024
An open letter to the World Bank: Address grave concerns over the Amaravati sustainable infrastructure and institutional development project
December 17, 2024 To, Executive Director The World Bank Washington, D.C. Dear Ms. / Mr. We, civil society organizations from 17 countries, write to express our grave concerns regarding the Amaravati Sustainable Infrastructure and Institutional Development Project (Project ID: P507508), which is sche...
Article
November 2, 2024
Indian Civil Society Demands a new democratic financial system on World Bank/IMF’s 80th Anniversary
The Bretton Woods institutions – the World Bank and International Monetary Fund (IMF)- have completed 80 years of existence and operations.  As people of the global south, who continue to bear the brunt of the impacts of colonial expansion, resource extraction, wealth concentration, climate change a...
Article

CFA

Centre for
Financial Accountability