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    <title>BIC Updates: Transparency at the IFC</title>
    <link>http://www.bicusa.org/en/Issue.27.aspx</link>
    <description>The latest news on Transparency at the IFC from the Bank Information Center</description>
    <ttl>10</ttl>
    <image>
      <url>http://www.infodev.org/images/infodev.gif</url>
      <title>infoDev</title>
      <link>http://www.bicusa.org/en/Issue.27.aspx</link>
    </image>
    <item>
      <title>Dramatic increase in World Bank loans to Europe and Central Asia</title>
      <description>The World Bank Group (WBG) loans to countries in Europe and Central Asia (ECA) increased by 30% between FY07 and FY08.</description>
      <link>http://www.bicusa.org/en/Article.3904.aspx</link>
      <pubDate>Wed, 24 Sep 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3904.aspx</guid>
    </item>
    <item>
      <title>EBRD approves Pechora Energy Project in Komi Republic</title>
      <description>The European Bank for Reconstruction and Development (EBRD) has approved a US$50 million loan for expansion of oil and gas extraction operations in the Timan-Pechora basin of the northern Komi Republic in Russia. Various civil society groups have raised concerns of the major project's implications for the environment and the indigenous Komi-Izhemts people's rights.</description>
      <link>http://www.bicusa.org/en/Article.3902.aspx</link>
      <pubDate>Fri, 19 Sep 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3902.aspx</guid>
    </item>
    <item>
      <title>Banks active in extractive projects in Russia’s Komi Republic </title>
      <description>IFI involvement in mining and oil projects in the Timan-Pechora basin raises environmental and social concerns.  </description>
      <link>http://www.bicusa.org/en/Article.3882.aspx</link>
      <pubDate>Wed, 20 Aug 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3882.aspx</guid>
    </item>
    <item>
      <title>Available company data for IFC required disclosures</title>
      <description>The International Finance Corporation (IFC) fails to provide adequate links to government payment disclosures by its extractive industry clients.</description>
      <link>http://www.bicusa.org/en/Article.3874.aspx</link>
      <pubDate>Thu, 14 Aug 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3874.aspx</guid>
    </item>
    <item>
      <title>Azerbaijan Country Update #14</title>
      <description>Recent developments, decisions, and civil society activities related to activities of the International Financial Institutions (IFIs) in Azerbaijan.</description>
      <link>http://www.bicusa.org/en/Article.3792.aspx</link>
      <pubDate>Wed, 04 Jun 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3792.aspx</guid>
    </item>
    <item>
      <title>Kazakhstan Country Update #16</title>
      <description>Recent developments, decisions, and civil society activities related to activities of the International Financial Institutions (IFIs) in Kazakhstan. </description>
      <link>http://www.bicusa.org/en/Article.3794.aspx</link>
      <pubDate>Wed, 04 Jun 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3794.aspx</guid>
    </item>
    <item>
      <title>Kyrgyz Republic Country Update #5</title>
      <description>Recent developments, decisions, and civil society activities related to activities of the International Financial Institutions (IFIs) in the Kyrgyz Republic. </description>
      <link>http://www.bicusa.org/en/Article.3795.aspx</link>
      <pubDate>Wed, 04 Jun 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3795.aspx</guid>
    </item>
    <item>
      <title>Mongolia Country Update #2</title>
      <description>Recent developments, decisions, and civil society activities related to activities of the International Financial Institutions (IFIs) in Mongolia. </description>
      <link>http://www.bicusa.org/en/Article.3796.aspx</link>
      <pubDate>Wed, 04 Jun 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3796.aspx</guid>
    </item>
    <item>
      <title>Georgia Country Update #1</title>
      <description>Recent developments, decisions, and civil society activities related to activities of the International Financial Institutions (IFIs) in Georgia. </description>
      <link>http://www.bicusa.org/en/Article.3797.aspx</link>
      <pubDate>Wed, 04 Jun 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3797.aspx</guid>
    </item>
    <item>
      <title>Russia Country Update #1</title>
      <description>Recent developments, decisions, and civil society activities related to activities of the International Financial Institutions (IFIs) in Russia. </description>
      <link>http://www.bicusa.org/en/Article.3798.aspx</link>
      <pubDate>Wed, 04 Jun 2008 00:00:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3798.aspx</guid>
    </item>
    <item>
      <title>IFC provides information on payments from extractive industry projects</title>
      <description>In response to requests from the Bank Information Center (BIC) and other civil society organizations, the International Finance Corporation (IFC) has begun providing links to where IFC extractive industry clients disclose their payments to host governments.</description>
      <link>http://www.bicusa.org/en/Article.3734.aspx</link>
      <pubDate>Tue, 15 Apr 2008 17:52:05 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3734.aspx</guid>
    </item>
    <item>
      <title>Independent evaluation finds over 40% of IFC projects fail to deliver development results</title>
      <description>The Independent Evaluation Group (IEG) of the International Finance Corporation (IFC), found that 41% of the IFC projects studied had low development ratings. IFC performed particularly poorly in Africa and Asia, where only half of its projects had positive development outcomes. In Africa, the quality of IFC work was particularly poor, rated as “high” in only 45% of projects, as compared to 68% in other regions.</description>
      <link>http://www.bicusa.org/en/Article.3466.aspx</link>
      <pubDate>Wed, 22 Aug 2007 15:21:41 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3466.aspx</guid>
    </item>
    <item>
      <title>World Bank Group fails to ensure revenue transparency</title>
      <description>BIC's new assessment reviews EI operations in more than 40 countries for the lending period of July 2005 to December 2006.</description>
      <link>http://www.bicusa.org/en/Article.3462.aspx</link>
      <pubDate>Fri, 17 Aug 2007 14:39:27 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3462.aspx</guid>
    </item>
    <item>
      <title>MIGA reviewing Social, Environmental and Disclosure Policies</title>
      <description>The World Bank's Multilateral Investment Guarantee Agency (MIGA) has posted draft policies for public comment until April 27, 2007. 
</description>
      <link>http://www.bicusa.org/en/Article.3175.aspx</link>
      <pubDate>Fri, 23 Feb 2007 13:30:25 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3175.aspx</guid>
    </item>
    <item>
      <title>New BIC Publication: Quick Reference Guide to Revenue Transparency at the IFIs</title>
      <description>BIC's Europe and Central Asia program has compiled an easy access source of information on International Financial Institution (IFI) disclosure policies and their weaknesses.</description>
      <link>http://www.bicusa.org/en/Article.3082.aspx</link>
      <pubDate>Tue, 09 Jan 2007 12:32:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3082.aspx</guid>
    </item>
    <item>
      <title>World Bank anti-corruption strategy: Work Plan and consultation process begin</title>
      <description>Work begins, in spite of lingering tensions </description>
      <link>http://www.bicusa.org/en/Article.3020.aspx</link>
      <pubDate>Sat, 18 Nov 2006 17:02:09 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.3020.aspx</guid>
    </item>
    <item>
      <title>CAO Posts Comments on IFC Safeguards; Private Sector Review of Equator Principles Begins</title>
      <description>The Compliance-Advisor Ombudsman (CAO) released last week its comments on the January 25th drafts of the International Finance Corporation’s (IFC) Safeguards policies, which the IFC approved February 21, 2006.  Following the IFC’s lead, a collection of private sector financial institutions intends to complete a review of their guiding policies on social and environmental issues, the Equator Principles.</description>
      <link>http://www.bicusa.org/en/Article.2676.aspx</link>
      <pubDate>Wed, 15 Mar 2006 14:37:58 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.2676.aspx</guid>
    </item>
    <item>
      <title>Press Release: IFC's New Standards - A Risky Step for People and Planet</title>
      <description>Warning that the International Finance Corporation’s overhaul of its social and environmental standards relies too heavily on promises of good intentions, international civil society organizations have called the IFC’s new approach a risky experiment that could leave the people and environments affected by its projects more vulnerable than they were before.&lt;p/&gt;&lt;a href="http://ifis.choike.org/esp/informes/307.html"&gt;Also available in Spanish &lt;/a&gt;</description>
      <link>http://www.bicusa.org/en/Article.2650.aspx</link>
      <pubDate>Tue, 21 Feb 2006 11:23:07 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.2650.aspx</guid>
    </item>
    <item>
      <title>BIC Submits Comments on International Finance Corporation Draft Policies</title>
      <description>These comments address transparency and consultation concerns with the draft IFC Disclosure Policy, Social and Environmental Sustainability Policy and Performance Standards.</description>
      <link>http://www.bicusa.org/en/Article.2501.aspx</link>
      <pubDate>Fri, 02 Dec 2005 09:33:08 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.2501.aspx</guid>
    </item>
    <item>
      <title>Civil Society Guide to IFI Policy Reviews</title>
      <description>The IFI Policy Review Web page is a recent addition to the BIC website! This page is updated regularly to allow you to keep track of consultation documents, important dates, civil society analyses and more.</description>
      <link>http://www.bicusa.org/en/Article.2107.aspx</link>
      <pubDate>Tue, 14 Jun 2005 15:09:44 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.2107.aspx</guid>
    </item>
    <item>
      <title>BIC recommends stronger transparency standards for IFC</title>
      <description>BIC submits comments on the IFC's Disclosure Policy Framework calling for strengthened disclosure principles, procedures and constraints; increased institutional transparency; and increased investment-specific transparency.</description>
      <link>http://www.bicusa.org/en/Article.2063.aspx</link>
      <pubDate>Wed, 06 Apr 2005 12:29:20 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.2063.aspx</guid>
    </item>
    <item>
      <title>IFC revises timeline for public consultation of Social and Environmental Performance Standards and of the Disclosure Policy</title>
      <description>
      </description>
      <link>http://www.bicusa.org/en/Article.1858.aspx</link>
      <pubDate>Mon, 24 Jan 2005 09:54:41 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1858.aspx</guid>
    </item>
    <item>
      <title>26 NGOs decide not to participate in IFC’s Washington DC consultation</title>
      <description>In response to a rapid and substandard policy consultation process, 26 NGOs declined to participate in the International Finance Corporation’s (IFC) civil society meeting in Washington DC. </description>
      <link>http://www.bicusa.org/en/Article.1640.aspx</link>
      <pubDate>Wed, 06 Oct 2004 10:07:47 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1640.aspx</guid>
    </item>
    <item>
      <title>121 civil society members claim that IFC consultation process is “seriously flawed”</title>
      <description>
      </description>
      <link>http://www.bicusa.org/en/Article.1634.aspx</link>
      <pubDate>Thu, 16 Sep 2004 15:46:57 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1634.aspx</guid>
    </item>
    <item>
      <title>76 NGOs demand right to know about pollutants released from IFC projects</title>
      <description>A September 9 letter signed by 76 civil society and non-governmental organizations (NGOs) urges the IFC to protect communities that may be exposed to pollutants due to IFC-financed projects.</description>
      <link>http://www.bicusa.org/en/Article.1628.aspx</link>
      <pubDate>Thu, 16 Sep 2004 14:42:32 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1628.aspx</guid>
    </item>
    <item>
      <title>BIC Policy Update: Review of IFC social, environmental and disclosure policies</title>
      <description>This policy update introduces the ongoing policy reviews at the IFC, outlines the review process, and provides useful links to background documents.</description>
      <link>http://www.bicusa.org/en/Article.1619.aspx</link>
      <pubDate>Tue, 07 Sep 2004 17:28:52 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1619.aspx</guid>
    </item>
    <item>
      <title>IFC responds to NGO sign-on letter</title>
      <description>On July 6, 140 NGOs endorsed a letter to the IFC regarding the reviews of its environmental and social policies and standards. The IFC responds ...</description>
      <link>http://www.bicusa.org/en/Article.1561.aspx</link>
      <pubDate>Mon, 09 Aug 2004 12:38:52 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1561.aspx</guid>
    </item>
    <item>
      <title>140 NGOs call on IFC for clear rights, rules and responsibilities in policy reviews</title>
      <description>In a letter sent to the IFC, civil society groups are calling for a greater focus on human rights and transparency as the IFC begins to draft its safeguard and disclosure policy approach papers this month.</description>
      <link>http://www.bicusa.org/en/Article.1523.aspx</link>
      <pubDate>Thu, 15 Jul 2004 17:25:00 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1523.aspx</guid>
    </item>
    <item>
      <title>IFC responds to NGO concerns about disclosure policy review process</title>
      <description>A letter from the IFC notes that the IFC may move away from a “document-driven” policy to one that is based on transparency “principles” </description>
      <link>http://www.bicusa.org/en/Article.1477.aspx</link>
      <pubDate>Thu, 10 Jun 2004 14:12:27 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1477.aspx</guid>
    </item>
    <item>
      <title>NGO letter expresses concern with IFC disclosure policy review process</title>
      <description>
      </description>
      <link>http://www.bicusa.org/en/Article.1387.aspx</link>
      <pubDate>Thu, 08 Apr 2004 14:17:42 GMT</pubDate>
      <guid>http://www.bicusa.org/en/Article.1387.aspx</guid>
    </item>
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