Activists, academics and civil society met in Accra 12-14 May for a conference entitled “Corporate Globalisation & the Scramble for Africa’s Water: scrutinising the roles of Bretton Woods Institutions & donor community”. Organised by Ghanaian NGO ISODEC, the forum examined country experiences in Ghana, Nicaragua, Burkina Faso, Uganda, Bolivia, Senegal, South Africa, Brazil, the Philippines, Indonesia as well as the UK, Canada, and the US. Discussion focused on the ways in which the IFIs compel privatisation and provided a forum for discussing an alternative water vision.
After 4 years of on-off negotiation and public opposition, the government of Egypt has signed a loan deal with the IMF whose impacts civil society fears will encroach upon human rights, social protection and social provision, like health and education, upon which the poorest depend.
Investments by the World Bank-hosted Global Financing Facility (GFF) do not reflect the family planning priorities identified by developing countries and local communities. The GFF also continues to suffer from a lack of transparency and meaningful civil society participation, raising doubts about the new mechanism’s effectiveness.
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The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).