• about us
  • institutions
  • issues
  • resources
  • publications
  • contact us
Home

Search

Languages

  • English
  • Français

Newswire on the IFIs

  • Ghana: Prof Akilagpa slams World Bank, IMF policies
  • The Day After: Europe Rejects Austerity
  • Uganda: World Bank under attack for aiding land grabs
  • Brazil's Lula slams rich countries and IMF
  • Fair rules on debt: developing countries try to force the IMF's hand
more

Poll

Is the G-20 a step forward from the G-8? (See Issue Update June 2010):


Donations

Joint CSO Statement on IFC and Human Rights

 IFC must demonstrate its commitment to respect human rights
Joint Civil Society Statement on IFC’s Draft Sustainability Framework
March 2011

In December 2010, the International Finance Corporation (IFC) published the final proposed draft of its revised Sustainability Framework, which is intended to manage social and environmental risks associated with IFC activities.  The undersigned civil society organisations are writing to express our deep concern that the current draft does not include adequate safeguards to ensure that the human rights of people and communities affected by IFC’s activities are respected and protected.  Indeed, the removal of references to human rights that were included by IFC in its previous draft creates an impression that IFC is willing to pursue investment and development at the expense of human rights.

  • Correspondence
  • Bretton Woods Institutions
  • International Finance Corporation
  • Multilateral Investment Guarantee Agency
  • World Bank
  • Corporate accountability
  • Human rights
  • IFI accountability
  • IFI governance
  • IFI policies and positions
  • IFI reform
  • Dams
  • Mining
  • Oil and gas
  • Pulp and paper
  • Read more
  • 1 attachment

Civil society organizations demand reform of World Bank Group lending to private corporations

Submission by Civil Society Organizations to the International Finance Corporation

Commenting on The Social and Environmental Sustainability Policy, Performance Standards and Disclosure Policy

11 March 2010
 

Introduction

The undersigned civil society organizations have prepared this joint submission to provide an overview of many of our concerns related to IFC’s Policy on Social and Environmental Sustainability, the Performance Standards, related guidance documents, and the Disclosure Policy. We believe these concerns should be explored and addressed further through IFC’s current consultation and review process.

  • Correspondence
  • Submissions and statements
  • Bretton Woods Institutions
  • International Finance Corporation
  • World Bank
  • Corporate accountability
  • Human rights
  • IFI
  • IFI accountability
  • IFI governance
  • IFI policies and positions
  • IFI reform
  • Transparency and disclosure
  • Mining
  • Oil and gas
  • Read more
  • 1 attachment

Letter to Prime Minister Harper Re: forthcoming G-20 meeting on the global financial crisis - March 26, 2009

March 26, 2009

Rt. Hon. Stephen Harper
Prime Minister of Canada
Office of the Prime Minister
80 Wellington Street
Ottawa, ON K1A 0A2

Re: Forthcoming G-20 meeting on the global financial crisis

Dear Prime Minister:

As you head to London next week for the second Group of Twenty (G-20) meeting, we are writing to urge Canadian leadership on four key issues related to the impact of the financial crisis on poor countries that we feel have been neglected up until now.

To date, your government has focused primarily on addressing the immediate fallout of the financial crisis, and has taken steps to restore the flow of credit and consumer confidence, boost spending, and create jobs. Canada has also encouraged G-20 countries to avoid protectionist measures that will only exacerbate the current climate.

  • Correspondence
  • IMF
  • World Bank
  • Group of Twenty
  • United Nations
  • Human rights
  • IFI accountability
  • IFI governance
  • Capital flight and financial regulation
  • Global financial crisis
  • Read more
  • 1 attachment

CSO Letter to WB President Re: Bank governance reform - August 28, 2008

August 28, 2008

Mr. Robert B. Zoellick, President
World Bank Headquarters
1818 H Street, NW
Washington, DC 20433

Dear Mr. Zoellick,

Re.: World Bank governance

That the world is at an historical crossroads is evidenced by the rise of powerful new global economies, financial crises in the US and Europe, the high prices for commodities most notably food and fuel, and the overwhelming climate change crisis. This reality has been recognized in numerous fora such as the recent Commonwealth Heads of State conference, which agreed that in the context of these global crises it is more important than ever to have ambitious reform of the international financial institutions.

  • Correspondence
  • International Monetary Fund
  • World Bank
  • IFI accountability
  • IFI governance
  • Responsible Finance
  • Read more

Letter to Minister Flaherty Re: The Annual Report to Parliament - May 22, 2007

May 22, 2007

The Honourable James Flaherty
Minister of Finance
Department of Finance Canada
140 O’Connor Street
Ottawa, ON K1A 0G5

Re: 2006 Annual report to Parliament on the Bretton Woods Institutions

Dear Minister Flaherty:

We would like to firstly congratulate you on the new 2006 Annual Report to Parliament on the Bretton Woods Institutions. We are pleased that some of the concerns we raised in previous meetings with Finance are reflected in the new format and content of the Report.

As in past years, the Halifax Initiative Coalition has developed a report card on this year’s annual report. The report card evaluates the transparency and accountability of Finance Canada to Parliamentarians. It does not assess the performance of the international financial institutions in these areas. We are pleased to enclose a copy for your records.

  • Correspondence
  • Bretton Woods Institutions
  • Canadian Executive Director
  • International Monetary Fund
  • World Bank
  • Finance Canada
  • Parliament of Canada
  • IFI accountability
  • Transparency and disclosure
  • Read more

Letter to Minister Flaherty Re: Improving Annual report to Parliament on BWIs - January 31, 2007

January 31, 2007

The Honourable James Flaherty
Minister of Finance
Department of Finance Canada
140 O’Connor Street
Ottawa, ON K1A 0G5

Re: Annual report to Parliament on the Bretton Woods Institutions

Dear Minister Flaherty:

We would like to thank you for taking the initiative to revise the Annual Report to Parliament on the Bretton Woods Institutions (BWIs), and would ask that you convey our appreciation to the staff of the International Institutions branch of Finance Canada for consulting civil society on this matter. Those who were able to attend the meeting were encouraged by the proposed changes to the content and format of the report.

  • Correspondence
  • Bretton Woods Institutions
  • Canadian Executive Director
  • International Development Association
  • International Monetary Fund
  • World Bank
  • Finance Canada
  • Government of Canada policies and positions
  • IFI accountability
  • Mining
  • Read more

Letter to IFC Executive Directors Re: Glamis Gold mine - May 31, 2005

May 31, 2005

Mr. Gino Alzetta
Belgian Executive Director to the World Bank
Office of the British Executive Director to the World Bank
MC 12-041
1818 H Street, NW
Washington, DC 20433, USA

Dear Mr. Alzetta,

Thank you for taking the time to meet with us during the week of spring meetings, April 10th to the 16th. We appreciate the opportunity to share our concerns regarding World Bank Group (WBG) support for Glamis Gold's Marlin Mine in Guatemala. We are writing to: (i) update you on our conversations with the staff of the International Finance Corporation (IFC) during our meeting with them on Thursday April 14th; (ii) identify areas of ongoing concern, and; (iii) request your support in resolving problems surrounding this project.

  • Correspondence
  • Canadian Executive Director
  • International Finance Corporation
  • World Bank
  • Corporate accountability
  • Human rights
  • IFI accountability
  • IFI policies and positions
  • Mining
  • Read more

Government of Canada response Re: Debt relief, financing and other issues - April 8, 2005

April 8, 2005

2005FIN153718

Mr. John Mihevc and co-signatories
Chair
Halifax initiative Coalition
104-153 Chapel Street
Ottawa, ON KIN 1H5

Dear Mr. Mihevc and co-signatories:

Thank you for your correspondence of January 28, 2005 regarding debt relief, additional financing and other development issues. I apologize for the delay of my reply.

  • Correspondence
  • International Development Association
  • International Monetary Fund
  • Group of Seven
  • Department of Foreign Affairs and International Trade
  • Finance Canada
  • IFI accountability
  • IFI policies and positions
  • Bilateral aid
  • Conditionality
  • Debt
  • Heavily Indebted Poor Countries
  • Structural adjustment
  • Read more

Comments on the OECD 2003 Common Approaches, Rev. 2 - November 20, 2003

November 20, 2003

Mr. A. Ian Gillespie
President and CEO
Export Development Canada
151 O’Connor Street,
Ottawa, ON K1A 1K3

The Hon. Pierre Pettigrew
Minister of International Trade
Department of Foreign Affairs
125 Sussex Drive, Tower B, 5th Floor
Ottawa, ON   K1A 0G2

Dear Minister Pettigrew and Mr. Gillespie,

Thank you for forwarding me Rev. 2 of the OECD “Common Approaches on Environment and Officially Support Export Credits 2003.”

  • Correspondence
  • Export Credit Agencies
  • World Bank
  • Organisation for Economic Co-operation and Development
  • Department of Foreign Affairs and International Trade
  • Export Development Canada
  • IFI accountability
  • Transparency and disclosure
  • Read more

Letter to World Bank President Re: Corruption at Lesotho Highlands water project - August 21, 2003

James Wolfensohn
President
World Bank
1818H Street, NW
Washington, DC 20433
USA

August 21, 2003

Dear Mr. Wolfensohn,

The fight against corruption is a central part of the World Bank mission to reduce poverty and improve the quality of people's lives.

The World Bank response to the loss of Acres International's appeal in the Lesotho Highlands Water Project of Friday, August 15th, 2003, will be indicative of how the World Bank approaches the fight against corruption.

We urge you to debar Acres International from future Bank-financed contracts. We also ask that all existing World Bank contracts with Acres be subject to review to determine whether Acres bid was carried out in a legal manner.

  • Correspondence
  • World Bank
  • Corporate accountability
  • IFI accountability
  • Dams
  • Read more

Letter to Mr. Callisto Madavo: World Bank, Vice-president- Africa Region

To: Mr. Callisto Madavo
Africa Region Vice President
World Bank

Mr. Peter Harrold,
Country Director for Ghana
World Bank

  • Correspondence
  • World Bank
  • Corporate accountability
  • IFI accountability
  • IFI policies and positions
  • Transparency and disclosure
  • Read more

CSO letter to World Bank President re CAO report on Bulyanhulu mine

December 12, 2002

Mr. James Wolfensohn
President
The World Bank Group
1818 H Street, N.W.
Washington, DC 20433 U.S.A.

Dear Mr. Wolfensohn,

We are writing to express dismay at the recent Compliance Advisor/Ombudsman report on the MIGA guarantee of the Bulyanhulu gold mine and to request your urgent intervention.

The CAO is a mechanism that non-governmental organizations have pushed hard to establish. Your personal support for the initiative played a major role in ensuring that the CAO was established. As all parties have observed, the CAO's effectiveness rests on the respect and trust it enjoys amongst the public: integrity, transparency, even¬handedness and thoroughness are thus critical to all aspects of its work.

  • Correspondence
  • Canadian Executive Director
  • Compliance Advisor Ombudsman
  • Export Credit Agencies
  • Multilateral Investment Guarantee Agency
  • President
  • World Bank
  • EDC
  • Export Development Canada
  • Corporate accountability
  • Human rights
  • IFI accountability
  • IFI governance
  • Mining
  • Read more
  • 1 attachment

Open letter to the G7 finance ministers - June 1, 2002

Open letter to the G7 finance ministers

When the G7 heads of government met in Halifax in June 1995, leaders made a commitment to a series of measures to reform the Bretton Woods Institutions. The G7 called for the provision of multi-lateral debt relief for the poorest countries, the promotion of environmentally sustainable development and the reduction of poverty.

Seven years later, these promises are unfulfilled. The crisis of legitimacy confronting the World Bank and the IMF at the 50th anniversary of their creation led to the G7 to take up the reform of the international financial institutions (IFIs) in Halifax. As the G7 finance ministers return to Halifax, this question of legitimacy continues to haunt the institutions.

  • Correspondence
  • Bretton Woods Institutions
  • G7
  • IFI accountability
  • IFI governance
  • IFI policies and positions
  • Illegitimate debt
  • Multilateral debt
  • Read more

Syndicate content
  • about us
  • institutions
  • issues
  • resources
  • publications
  • contact us