International Finance Corporation

Opponents of Fracking Seek to Thwart Shale Gas Finance

Non-governmental organisations are putting pressure on multilateral financial institutions not to finance production of shale gas by hydraulic fracturing or fracking because of the high environmental costs they say are associated with this method.

World Bank Formally Urged to Overhaul ‘Doing Business’ Report

An external review panel is calling on the World Bank to institute sweeping reforms to its widely cited annual “Doing Business” report, including doing away with a controversial ranking of countries on a variety of business-friendliness metrics.