IFC Archives - Centre for Financial Accountability

Recommendations on the draft report on the potential integration of the World Bank Group’s Independent Accountability Mechanisms

As part of the One World Bank push, there are ongoing discussions around merging the various Independent Accountabil...

Crucial Facts Concealed During Court Hearings on Tata Mundra: CAO Report. Communities Still Await Remedy as IFC Walks Away from Its Obligations

Press Statement | 10.10.2025Crucial Facts Concealed During Court Hearings on Tata Mundra: CAO Report Communities Still A...

General International Finance International Finance Corporation Press Releases Tata Mundra Ultra Mega Project

Article

IFC Sustainability Framework Review

World Bank and IMF Spring Meetings 2025. Photo: Tolani Alli / World Bank (From The Bretton Woods Project) In 2025, the I...

Coverage General International Finance International Finance Institutions World Bank

Article

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...

Coverage Energy International Finance International Finance Corporation WTE(Waste to Energy)

Article

Energy Matters | February 2025

Last month saw an important victory for communities fighting against the toxic Waste to Energy (WTE) incineration plants...

Energy Matters General

Article

Tata Mundra: A Project Awaiting Settlement

Tata Mundra Project (Coastal Gujarat Power Limited – CGPL – a subsidiary of Tata Power), is a 4,000 megawatt power...

General International Finance Publications Tata Mundra Ultra Mega Project

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...

General International Finance Corporation Press Releases WTE(Waste to Energy)

Article

Victory for public health and the environment!

The International Finance Corporation (IFC), of the World Bank, decides against investing in the proposed funding of USD...

General Press Releases WTE(Waste to Energy)

Article

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 c...

Asian Development Bank General International Finance Tata Mundra Ultra Mega Project

Article

174 Civil Society Organizations, Networks, and Activists Oppose Financing by IFC for Abellon Clean Energy’s Toxic, Pollution Waste-to-Energy Projects in Gujarat, India

PRESS RELEASE | 23.08.24 August 23, 2024 – A collective letter written by the Centre for Financial Accountability, Inte...

Energy General Press Releases WTE(Waste to Energy)

September 16, 2026

CFA

Recommendations on the draft report on the potential integration of the World Bank Group’s Independent Accountability Mechanisms

As part of the One World Bank push, there are ongoing discussions around merging the various Independent Accountability Mechanisms (Inspection Panel and Compliance Advisor Ombudsman). A Task Force set up to explore options released a report on 26 March, open for public consultation. Instead of a...

General International Finance Statements World Bank

Article

October 12, 2025

CFA Admin

Crucial Facts Concealed During Court Hearings on Tata Mundra: CAO Report. Communities Still Await Remedy as IFC Walks Away from Its Obligations

Press Statement | 10.10.2025Crucial Facts Concealed During Court Hearings on Tata Mundra: CAO Report Communities Still Await Remedy as IFC Walks Away from Its Obligations Kutch, Gujarat: The Compliance Advisor Ombudsman (CAO) concealed crucial evidence of International Finance Corporation’s (IFC) fa...

General International Finance International Finance Corporation Press Releases Tata Mundra Ultra Mega Project

Article

October 9, 2025

The Bretton Woods Project

IFC Sustainability Framework Review

World Bank and IMF Spring Meetings 2025. Photo: Tolani Alli / World Bank (From The Bretton Woods Project) In 2025, the International Finance Corporation (IFC), the private-sector arm of the World Bank Group (see Inside the Institutions, What is the International Finance Corporation (IFC)? ), launche...

Coverage General International Finance International Finance Institutions World Bank

Article

April 16, 2025

Brettonwoodsproject.org

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...

Coverage Energy International Finance International Finance Corporation WTE(Waste to Energy)

Article

March 27, 2025

CFA Admin

Energy Matters | February 2025

Last month saw an important victory for communities fighting against the toxic Waste to Energy (WTE) incineration plants in Gujarat. Due to tremendous on-ground resistance, multiple follow-up letters and CSO engagement with the International Finance Corporation (IFC) board, the World Bank has withdr...

Energy Matters General

Article

March 19, 2025

CFA & Machimar Adhikar Sangharsh Sangathan

Tata Mundra: A Project Awaiting Settlement

Tata Mundra Project (Coastal Gujarat Power Limited – CGPL – a subsidiary of Tata Power), is a 4,000 megawatt power plant developed on over 1250 hectares of land near the village Tunda-Wand, in Kutch district (India’s largest district with an area of 45,652 km2) of Gujarat state. A consortium o...

General International Finance Publications Tata Mundra Ultra Mega Project

Article

February 21, 2025

Alliance for Incinerator Free Gujarat (AIFG)

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...

General International Finance Corporation Press Releases WTE(Waste to Energy)

Article

February 20, 2025

Alliance for Incinerator Free Gujarat (AIFG)

Victory for public health and the environment!

The International Finance Corporation (IFC), of the World Bank, decides against investing in the proposed funding of USD 40 million for waste incineration plants in India. PRESS RELEASE February 19, 2025 – In a major victory for communities, environmental groups, and civil society organizations who ...

General Press Releases WTE(Waste to Energy)

Article

January 25, 2025

CFA Admin

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...

Asian Development Bank General International Finance Tata Mundra Ultra Mega Project

Article

August 23, 2024

CFA Admin

174 Civil Society Organizations, Networks, and Activists Oppose Financing by IFC for Abellon Clean Energy’s Toxic, Pollution Waste-to-Energy Projects in Gujarat, India

PRESS RELEASE | 23.08.24 August 23, 2024 – A collective letter written by the Centre for Financial Accountability, International Accountability Project, National Hawkers Federation, GAIA-Asia Pacific, and Break Free From Plastics and endorsed by 174 civil society organizations, regional and global ...

Energy General Press Releases WTE(Waste to Energy)

Article

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IFC

Recommendations on the draft report on the potential integration of the World Bank Group’s Independent Accountability Mechanisms

Crucial Facts Concealed During Court Hearings on Tata Mundra: CAO Report. Communities Still Await Remedy as IFC Walks Away from Its Obligations

IFC Sustainability Framework Review

IFC ends investment in waste-to-energy incineration projects in Gujarat, India, following civil society campaign

Energy Matters | February 2025

Tata Mundra: A Project Awaiting Settlement

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.

Victory for public health and the environment!

Response to the Cost and Benefit Analysis of the Asian Development Bank Accountability Mechanism by the Asian Development Bank

174 Civil Society Organizations, Networks, and Activists Oppose Financing by IFC for Abellon Clean Energy’s Toxic, Pollution Waste-to-Energy Projects in Gujarat, India

Recommendations on the draft report on the potential integration of the World Bank Group’s Independent Accountability Mechanisms

Crucial Facts Concealed During Court Hearings on Tata Mundra: CAO Report. Communities Still Await Remedy as IFC Walks Away from Its Obligations

IFC Sustainability Framework Review

IFC ends investment in waste-to-energy incineration projects in Gujarat, India, following civil society campaign

Energy Matters | February 2025

Tata Mundra: A Project Awaiting Settlement

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.

Victory for public health and the environment!

Response to the Cost and Benefit Analysis of the Asian Development Bank Accountability Mechanism by the Asian Development Bank

174 Civil Society Organizations, Networks, and Activists Oppose Financing by IFC for Abellon Clean Energy’s Toxic, Pollution Waste-to-Energy Projects in Gujarat, India