The lower house of the Brazilian parliament is considering a bill which would require the appointment of posts in international organisations such as the Bank and Fund to receive confirmation by the senate. The NGO Rede Brasil has called for civil society to back the bill, saying that it is because the IFIs “remain immune from scrutiny by parliaments and society that such organisations become capable of unduly and harmfully interfering in internal policies of borrower countries.”
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Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).