Bretton Woods Project - Critical voices on the World Bank and IMF

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IEG—Independent Evaluation Group

The IEG was established in 1973, and was previously known as the Operations Evaluation Department. It reports to the executive board of the World Bank. Its headquarters are located in Washington D.C. and the current director general is Dr. Vinod Thomas. It is an independent unit within the World Bank designed to assess: the effectiveness of development projects; how projects will be run by a borrower; and the long-term impact of projects on a country's development. It covers both public and private lending. These functions aim to provide objective assessment of the Bank's work and to learn from the experience of projects. Its stated aim is to provide accountability and to disseminate lessons learnt and provide recommendations from evaluations. read more background...

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All you need to know: World Bank-IMF spring meetings 2013

News|Bretton Woods Project|22 April 2013|url

The 2013 spring meetings of the World Bank and IMF will take place from 18 to 20 April in Washington, DC. You will be able find links below to analysis of the communiqués as well as notes of some of the civil society and official meetings, as they become available. read article...

IEG finds declining impact at Bank, IFC

News|Bretton Woods Project|13 February 2013|update 84|url

An annual Independent Evaluation Group (IEG) report on the Results and performance of the World Bank Group 2012 showed declining effectiveness at the Bank Group, with its worst ratings in the areas where its lending is increasing the fastest or it is prioritising work, such as infrastructure and public-private partnerships (PPPs). read article...

A forest of failures "Negligible" sustainability in World Bank's forest work

News|Bretton Woods Project|12 February 2013|update 84|url
Illustration by Robin Heighway-Bury/

A leaked copy of an evaluation of the Bank's forest strategy criticises the Bank's failure to address social and environmental goals. Further criticism has also been raised over the Bank's Forest Carbon Partnership Facility (FCPF). read article...

World Bank-IMF annual meetings 2012

News|Bretton Woods Project|16 October 2012|url

Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2012. This page is being updated regularly. read article...

The Role of the Independent Evaluation Group (IEG)

Minutes|Bretton Woods Project|11 October 2012|url

This session provided CSOs with the opportunity to have an exchange with IEG's Director-General and Senior Vice President on the role of the IEG. read article...

Water privatisation management issues

Minutes|Bretton Woods Project|10 October 2012|url

This session featured a discussion on the implications of current water policy reforms that have increasingly privatised and commodified water. read article...

Accountability squandered? World Bank should wait for justice in Cambodia

Comment|Natalie Bugalski and David Pred |22 June 2012|update 81|url

Despite a 2011 victory in Cambodia, where a mass eviction in the centre of Phnom Penh was halted and remaining affected families finally gained legal title to the land they had been wrongly denied under a World Bank project, recent arrests have put justice in jeopardy and led to calls for a continued lending freeze by the Bank. read article...

Lessons from IEG's Cluster Review of IFC-supported Extractive Industries Projects

Minutes|Bretton Woods Project|21 April 2012|url

Minutes of IFC and extractives meeting, Washington DC, 21 April 2012 read article...

World Bank-IMF spring meetings 2012

News|Bretton Woods Project|20 April 2012|url

Analysis of the 2012 World Bank and IMF spring meetings and related events, including the selection of new World Bank president Jim Yong Kim. read article...

'Leveraging' private sector finance How does it work and what are the risks?

Report|Jesse Griffiths|18 April 2012|url

The notion that public investments should be used to 'leverage' additional investments from private actors is increasingly used in a variety of development finance forums, including aid, development finance, agriculture and, in particular, climate finance. The World Bank has become one of the leading proponents of this concept, though nowhere has it spelled out clearly what it means by 'leverage' or how it should be measured. read article...

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