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Lugar: No more money for development banks until reform

March 11st., 2010 by Bank Information Center 

The staff of Senator Richard Lugar released a report to the Committee on Foreign Relations calling for reform of the IFIs before Congress approves upcoming capital replenishment requests for the institutions.

READ THE ARTICLE | Lugar: No more money for development until reform by Josh Rogin, Foreign Policy, March 10, 2010 (Foreign Policy website)

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Global climate battle plays out in World Bank

(Reuters) - The United States and Britain are threatening to withhold support for a $3.75 billion World Bank loan for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.

The opposition by the bank's two largest members has raised eyebrows among those who note that the two advanced economies are allowing development of coal-powered plants in their own countries even as they raise concerns about those in poorer countries.

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IMF: Asset booms matter to fiscal policy

Financial Times, March 9th., 2010,

The IMF said that it did not take proper account of asset price booms when assessing Ireland’s fiscal situation in a paper today. The paper said that the IMF’s calculation of the structural fiscal balance of Ireland was broadly based on the OECD approach.

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Potential unfulfilled - EU funding and Cohesion policy can do more for sustainable climate and energy development in central and

This new analysis from CEE Bankwatch Network and Friends of the Earth Europe points to some alarming shortcomings in how billions of EU funds earmarked for clean energy projects in the new member states are being deployed. It also calls for big increases in the marginal allocations of the EU funds that the new member states have thus far seen fit to give to clean energy schemes, citing widespread evidence from the ground that building efficiency schemes are ready to take off if they become more affordable and if EU money is better targeted.Flip through the study in our quick preview.

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An Evaluation of the World Bank’s Country Policy and Institutional Assessment (CPIA)

March 9th., 2010 

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When facts change, I change my mind. What will you do, IMF?

In a paper published this week, “Rethinking Macroeconomic Policy”, the International Monetary Fund chief economist Olivier Blanchard recognises that the Fund was wrong in some of the macroeconomic policies advised in the last three decades.

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Media briefing on the Nabucco gas pipeline

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Bankwatch position paper on the Nabucco gas pipeline

The position paper outlines four reasons for not providing public funds for the Nabucco gas pipeline project (human rights, fossil fuels, energy efficiency and local benefits) and makes specific recommendations to EU institutions.

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Advanced draft of IEG evaluation of the World Bank CPIA

Advanced draft of IEG evaluation of the World Bank CPIA

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IEG Evaluation of the World Bank CPIA

Advanced draft of IEG evaluation of the World Bank CPIA

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