In January, local and international NGOs wrote to the World Bank demanding actions to achieve genuine forest reform in Papua New Guinea (PNG). The World Bank is poised to consider whether it should release the second portion of its Structural Adjustment Loan to PNG and whether it should approve a forest sector loan. These pose an important test for whether the Bank will fulfil its own policies and use funds provided by its member nations and their citizens in a responsible way.
This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.
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The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, and the Bretton Woods Bulletin, an online update of news and action on the institutions.
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