International Financial Institutions Program
For more information about CIEL's International Financial Institutions Program, contact Jocelyn Medallo.
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U.S. Senators urge strengthening of the World Bank's new approach to lending - Program-for-Results (P4R) lending.
November 2011
CIEL has been leading efforts with many other civil society organizations around the world to ensure that the World Bank's new approach to lending - Program-for-Results (P4R) lending - provides the same protections for the environment, indigenous peoples, and other local communities as the Bank's current approaches to lending. A major concern highlighted by CIEL has been the almost complete lack of transparency related to projects funded through P4R. The letter from Senators Leahy and Kerry to U.S. Treasury Secretary Timothy Geithner highlights concerns with the current P4R approach and offers strong recommendations for making it more robust.
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Latest International Financial Institutions Program News
- Civil Society and Entrepreneurs Call on World Bank to Clean Up Energy Lending
- New CIEL blog post asks #Whatwillittake for the World Bank to uphold human rights?
- The World Bank's private sector financing arm doesn't know the environmental and social impacts of nearly half its portfolio
- Civil society fears World Bank poised to weaken its social and environmental policies and procedures
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