Bank Information Center

Bank Information Center partners with civil society to influence IFIs, promote justice & sustainability, and democratize development. RTs ≠ endorsements

[Bank Information Center @BIC_Updates]

The World Bank Group Board overruled the CAO’s finding that IFC violated its own policies in Cambodia, undermining independent accountability and remedy for harmed communities.

Read more:
ㆍhttps://t.co/2R3yCmma80
ㆍhttps://t.co/eIQezJBLAd

[Bank Information Center @BIC_Updates]

The @WorldBankGroup's merger of its accountability mechanisms is a major moment for institutional accountability. Success depends on strengthening accountability, delivering remedy, and centering communities.

Read more:
ㆍhttps://t.co/4eaJI7H18O
ㆍhttps://t.co/TzLOh32kZX

[Bank Information Center @BIC_Updates]

Tomorrow, the House Rules Committee will consider the FY27 NSRP bill. Current House and Administration funding proposals fall short of U.S. commitments to IDA and the African Development Fund, while undermining MDB climate efforts.

Read our analysis: https://t.co/aQ8o3coj96

[Bank Information Center @BIC_Updates]

On World Day Against Child Labor, we're highlighting BIC's findings from an IFC project in Senegal. Child protection must be built into project design, risk management, and supply chains, not treated as an afterthought.

Read more: https://t.co/XB4WxGnrsW

[Bank Information Center @BIC_Updates]

As @IFC_org reviews its Sustainability Framework, it has an opportunity to strengthen disability inclusion. Updated standards should address the disproportionate barriers, risks, and harms faced by persons with disabilities

Read more: https://t.co/wx2VWcYFl6

[Bank Information Center @BIC_Updates]

We’ve also launched a Substack, where we share timely analysis and updates directly with our community. We invite you to check it out and subscribe: https://t.co/N1Mi4i96V6

[Bank Information Center @BIC_Updates]

We’re excited to share that Bank Information Center has launched a new website: https://t.co/7QtrqenmTq

This marks an important step in how we share our research, amplify our findings, and connect global policy discussions to the communities affected by development finance.

[Bank Information Center @BIC_Updates]

Anthony questions that we still don’t know what institutional changes will occur after this pilot phase. He shares that performance of the RAF should be independently evaluated by IFC staff, CSOs, affected communities, etc.

[Bank Information Center @BIC_Updates]

Starting now!

[Bank Information Center @BIC_Updates]

Join us next Friday as BIC's Deputy Director, Carla García Zendejas, guides a conversation convening practitioners and @IFC_org management on enabling effective remedy through its interim Remedial Action Framework (RAF).

[Bank Information Center @BIC_Updates]

Megan highlights BIC’s own analysis and asks for KPIs which includes identifying if harm has stopped, if communities receive tangible remedy, and have remedial measures lasted, and if IFC/MIGA have learned lessons.