As obituaries are written for the World Bank, a new blog published in the Financial Times, reveals how the IMF is set to become indispensable.
Concerns have been raised about a projected shortfall of resources for the Clean Technology Fund, with an early warning mechanism due to be discussed. Questions were raised about development benefits of a Colombia project and on safeguards for a Vietnam project.
The Pilot Program for Climate Resilience has invited new countries apply for participation and is also expanding the private sector set-aside to non-PPCR countries. Biodiversity and gender impacts were questioned on a Grenada project and the gender focus on a Haiti project.
Options for potential new funding for the Forest Investment Program have been further elaborated, including priority rankings for current and potential new pilot countries, however, funding constraints remain and many current projects continue to be delayed.
Indicative funding allocations have been agreed for 14 new Scaling up Renewable Energy Program in Low Income Countries pilot countries, however, cautions remained about “unrealistic expectations” about funding availability. Questions were raised about incentives for diesel in a Kenya project.
Detailed analysis of the communiqués from the 2015 World Bank and IMF spring meetings.
Bretton Woods Project coverage of the 2015 spring meetings with links to analysis of the communiqués and notes of key civil society and official meetings.
New evidence from Oxfam, the Bretton Woods Project and other NGOs reveals the impact of IFC investments in financial intermediaries on global human rights.
Minutes from a meeting with UK NGOs and DFID on Financing for Development and infrastructure.
Notes from a meeting on the World Bank safeguards review during the World Bank spring meetings.
Notes from a meeting on energy during the World Bank spring meetings.
Notes from a meeting on Ebola during the World Bank spring meetings.
Notes from a meeting on income inequality during the World Bank spring meetings.
Notes from a meeting on gender and development during the World Bank spring meetings.
Notes from a meeting on the World Bank's Development Policy Finance retrospective during the Word Bank spring meetings.
Notes from a meeting on the financial system and sustainable development during the World Bank/IMF spring meetings.