Civil society calls for policy package to meet Covid-19 ‘just recovery’ needs.
East Asia & Pacific
Environment
News
IFC’s first Green Equity Approach client backs Indonesian coal plant expansion
CSOs call for IFC to close remaining loopholes in Green Equity Approach, after equity client chosen to pilot the initiative makes investment in coal plant expansion in Indonesia.
Finance
Analysis
G20 debt proposal continues to favour creditors
New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
IFI governance
Analysis
Annual Meetings 2020 Wrap Up: Bank and Fund struggle to implement sustainable recovery as private sector dashes hopes of debt relief progress
The rising power of the private sector has undermined debt justice and much-needed pandemic response capacity, while IFIs' calls for sustainable recovery at the Annual Meetings fall flat.
IFI governance
Analysis
G20 communiqué analysis – Annual Meetings 2020
Analysis of the G20 communiqué published on 14 October from the 2020 World Bank and IMF virtual Annual Meetings.
IFI governance
Analysis
Spring Meetings 2020 wrap-up: Will this change everything? Apparently not…
Analysis of this year's World Bank and IMF Spring Meetings: With international response to Covid-19 mired in geopolitical manoeuverings and resistance to systemic change, calls for alternatives grow.
Social services
Background
World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19
Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.
IFI governance
Analysis
G24 communiqué analysis – Spring Meetings 2020
Analysis of the G24 communiqué released on 14 April.
Private Sector
News
Myanmar deemed rising Doing Business star, but at what cost?
World Bank praises Myanmar for improvement in Doing Business ranking, ignoring the implications of proposed reforms on country’s complex conflict dynamics.
Environment
Background
World Bank Group Paris Alignment: Governance & private sector participation in the energy sector
Notes from a Civil Society Policy Forum event on 16 October.
IFI governance
Commentary
Tout change et rien change pas: Global power and IMF leadership
The present IMF leadership 'contest' makes a mockery of the institution's multilateral character and further diminishes its legitimacy.
Environment
News
Links between Amazon deforestation and World Bank exposed
IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.