Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
CSOs argue DBR’s deregulation policies do not lower income inequality or promote inclusive economic growth, instead incentivising tax competition and undermining inclusive development.
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff.
CAO audit finds IFC failed to identify gaps in project’s social and environmental assessment, while communities impacted by the project face impacts on water source, livelihoods and levels of violence.
CEPR report found that two-thirds of extreme poverty during past 25 years took place in China, which did not follow World Bank and IMF neoliberal policies.
Civil society organisations call on World Bank Group to do more to prioritise forests and forest peoples’ rights.
A new civil society report criticises the World Bank for not doing enough to help meet Sustainable Energy for All (SEforAll) objective of achieving universal energy access by 2030.
The World Bank and IMF are intensifying their work on tax under the Platform for Collaboration on Tax, yet civil society is cautious about embracing tax policy advice coming from the Bretton Woods Institutions.
Notes of a meeting with UK World Bank Executive Director Melanie Robinson on 22 September 2017.
Team of UK academics launch new, freely available IMF conditionality database.
Global Coalition for Social Protection Floors submits letter to the IMF expressing concerns about impacts of Fund's policies on social protection.
Lack of progress on Loss & Damage finance at global climate talks means climate insurance remains default option to mitigate losses from climate change.
The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).
Civil society groups write to World Bank calling for substantial revision of the draft Notes.
152 CSOs call demand World Bank halt its aggressive support of PPPs, publicaly recognise their significant risks.
Civil society seeks to input into IFC's new development outcomes framework.