Holding lenders accountable
for development finance

CFA investigates and campaigns against opaque financial flows in infrastructure projects across South Asia.

Latest Updates

September 16, 2026
CFA
CoP & Climate Finance: Course Details
Session 1 — CoP & Institutional Governance Mechanisms: History & Evolution Course led by: Soumya Dutta on 26th October, 2026 (Monday). Objective: Mapping the institutional and political architecture of global climate governance — the history and evolution of the CoP process, the role of ...
Article
September 16, 2026
CFA
The Missing BRIC(S)
The 18th BRICS Summit hosted under the presidency of India on September 12 & 13 is happening at a time when the world is passing through geo political instability. In their responses to Trump’s tariff regime, genocide in Palestine or the attacks by Israel and US on Iran – a member of the blo...
Article
September 16, 2026
BRICS: The Summit India Wished Happened Elsewhere
It would have been different if India had taken firm positions when it mattered, stood up to bullying by powerful countries and supported its traditional allies when they needed it the most. Police personnel stand near a BRICS Summit billboard amid preparations ahead of the summit, in the Dhau...
Article
Beyond the Promises: A Decade of Environmental and Social Commitments at the New Development Bank
The report, Beyond the Promises: A Decade of Environmental and Social Commitments at the New Development Bank, examines the gap between the NDB’s stated commitments to sustainable development and the safeguards, transparency and accountability mechanisms available in practice. A central concern...
Article
September 16, 2026
CFA
Gloating in False Growth?
“The greatest trick the devil ever pulled was convincing the world he didn’t exist.” Those are the famous words from the 1995 thriller ‘Usual Suspects’. That’s a line that one recalls looking at the 7.8% GDP growth figure for the first quarter that the government is boasting about. F...
Article

Upcoming Events

This event starts in 1 day 12 hours.
Date Saturday, September 19, 2026 Time 4:00 am – 12:00 pm
Venue The Capital Hotel, Guntur, Andhra Pradesh
Publications
Beyond the Promises: A Decade of Environmental and Social Commitments at the New Development Bank
The report, Beyond the Promises: A Decade of Environmental and Social Commitments at the New Development Bank, examines the gap between the NDB’s stated commitments to sustainable development and the safeguards, transparency and accountability mechanisms available in practice. A central concern...
Article
January 29, 2026
चंद्रपुरा की आवाज़: झारखंड में न्यायपूर्ण ऊर्जा संक्रमण का सामूहिक निर्माण
आज दुनिया भर में जलवायु संकट बढ़ रहा है और इसी वजह से जस्ट एनर्जी ट्रांजिशन (JET) की चर्चा तेज हो गई है। इसका सीधा मतलब है कि हमें धीरे-धीरे जीवाश्म ईंधनों (जैसे कोयला और तेल) से हटकर स्वच्छ ऊर्जा की ओर बढ़ना होगा। भारत इस बदलाव में एक कठिन उदाहरण है, क्योंकि यह दुनिया का तीसरा सबसे बड़ा ऊर्जा उपभोक...
Article
People’s Tribunal: A Report on the Proceedings, Testimonies, and Verdict
World Bank on Trial! | On the 80th Anniversary of World Bank/IMF The Independent People’s Tribunal (IPT) on the World Bank @ 80, convened in Kolkata in December 2024, critically examined the World Bank’s pervasive role in shaping India’s economic, social, and environmental landscape. Organised by th...
Article
Regulating Coal Operations: Environmental and Social Impacts Through the Lens of the National Green Tribunal
India has announced plans to reach Net Zero emissions by 2070 and has pledged to decarbonise its economy, including the power generation sector which is right now overwhelmingly dependent on coal. In spite of this ambitious intent and commendable on-ground progress, coal and coal-based power generat...
Article
July 9, 2025
The Economy of Genocide
Excerpts from the Report of the Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967 by Francesca Albanese. The report titled From Economy of Occupation to Economy of Genocide is a powerful indictment of the complicity, and connivance of big business...
Article

Feaured Articles

January 16, 2024
We20 – Defending the Right to Dissent
India assumed the G20 presidency end of 2022 and the Leaders’ Summit was held in early September 2023. During this time the Government used it to seek political and electoral mileage, conducting over 200 meetings in 60 towns and cities, making a spectacle out of it. The picture that was presented an...
Article
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...
Article
Latest Videos
Latest Podcasts
March 11, 2026
Imperialism in the Multipolar World: Resistance from India and the Global South | Anuradha Chenoy | Podcast
You, Me and the Economy In this episode, Anuradha Chenoy unpacks the current phase of imperialism, where U.S. hegemony is being reasserted through military alliances, NATO expansion, and active support of genocidal violence. She explains how fascism is not an accident but a political project of capi...
Podcast
March 11, 2026
Africa’s Push for Alternatives: Challenging US Dominance at the IMF and World Bank I Podcast I Demba Moussa Dembele
You, Me & the Economy International Financial Institutions Under Trump: Perspectives from India & the Global South I In conversation with Demba Moussa Dembele In this episode, Demba Moussa Dembele examines the influence of the US on institutions such as the IMF and the World Bank. He discuss...
Podcast
March 11, 2026
Age of Monsters: State–Capital :Capitalism’s Descent into Authoritarianism I Ladan Mehranvar I Podcast
In this episode, Ladan Mehranvar examines how global financial architecture entrenches inequality between the Global North and South. She unpacks how debt dependency, austerity measures, and the dominance of private creditors undermine development and democratic decision making in the South. Mehran...
Podcast
March 11, 2026
Shadows of Monopoly: Crony Capitalism & the capture of India’s Economy | Paranjoy Guha Thakurta | Podcast
In this episode, veteran journalist Pranjoy Guha Thakurta dives deep into the Adani Group’s meteoric rise and the complex web of debt, state policy, and global finance that fuels it. From offshore tax havens to regulatory capture, he unpacks how corporate, political nexuses shape India’s economy and...
Podcast
March 11, 2026
The Tariff Wars: India and the Global South in a Fragmenting System of World Trade | Podcast
𝐘𝐨𝐮, 𝐌𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 | In conversation with Andrés Arauz In this episode, Andrés Arauz unpacks how US trade policy—across Trump, Biden, and beyond—isn’t madness, but a calculated revival of imperialism. From neo-Monroeism to corporate-led trade regimes, he critiques the system’s deep inequalitie...
Podcast
March 11, 2026
The Tariff Wars: India and the Global South in a Fragmenting System of World Trade | Podcast
 𝐘𝐨𝐮, 𝐌𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 | In conversation with Prabhat Patnaik In this episode, renowned economist Prabhat Patnaik unpacks the long history of how global trade, finance, and the very idea of “development” have been systematically rigged against the Global South. From colonial legacies to the tariff...
Podcast
Press Coverage
September 16, 2026
People’s BRICS Summit Calls for Concrete, Time-Bound Action on People’s Demands, Demands Alternative Development Model for Global South
New Delhi: The People’s BRICS Summit has called upon BRICS member countries to move beyond declarations and rhetoric and adopt concrete, measurable and time-bound action on issues affecting working people, farmers, women, workers, Dalits, Adivasis, minorities and marginalised communities across the ...
Article
September 16, 2026
सिजीमाली में खदान परियोजना: विकास किसके लिए और किस क़ीमत पर?
ओडिशा में बॉक्साइट खदान की प्रस्तावित परियोजना के कारण ओडिशा के रायगढ़ा और कालाहांडी ज़िलों में फैली सिजीमाली पहाड़ियां अपने अस्तित्व को बचाने की एक अहम लड़ाई लड़ रही हैं. खनिज निकालने की इस होड़ में एक तरफ आर्थिक विकास के दावे हैं, तो दूसरी तरफ स्थानीय समुदायों की अपने जंगलों, पानी के स्रोतों, रोजी -रो...
Article
September 16, 2026
Do We Now Have Something to Rely On?
It is educative and encouraging to see that this agitation and its participants – young and restless – have not only been able to dispel the veil of fear in publicly speaking up against the might of this regime, but have also been willing to question the leadership of the present movement too. Ill...
Article

CFA

Centre for
Financial Accountability