World Bank

Increasingly, development money is being channelled through third parties such as banks or private equity funds. This report tells the human story behind the high finance and statistics.

The World Bank’s 'Turn Down the Heat: Confronting the New Climate Normal' report delivers a troubling new assessment of the impact climate change is having on food security, water resources and ecosystems. It warns that without action heat waves and other weather extremes that occur once every hundred years, if ever, would become the new climate normal putting millions of people at risk.

'In terms of a plan to reduce extreme income inequality, we are left empty handed. There has been a lot of talk and a raw sketch of plan of action in the communique, but it’s just a drop in the bucket.”

A billion-dollar flagship scheme to support private sector-led health care in Africa is bypassing poor people and concentrating instead on high-end urban hospitals catering mainly for the rich.

An internal investigation released last night finds that World Bank Group staff kept quiet about a plantation company’s role in a violent land conflict in Honduras, when proposing loans to one of Central America’s top ten banks which funded it.

Oxfam welcomes today's World Bank report 'Clima