The Bretton Woods Project is a civil society watchdog of the IMF and World Bank. We advocate for a multilateral system that is democratic, inclusive, transparent, accountable, and responsive to people, especially the poorest and most vulnerable.

Latest from the Bretton Woods Project

Artcover of the Observer Spring 2024, showing cartoons representing the IMF and World Bank shaking hands holding the EU and US flags respectively

IFI governance

Analysis

Undemocratic gentleman's agreement will further challenge next IMF managing director

EU countries’ backing of Kristalina Georgieva for a second term as IMF Managing Director will likely set in motion the next steps towards her reappointment, representing another lost opportunity to reform IMF governance.

9 April 2024

Finance

Commentary

Better ways to reduce the pain of debt crises for developing countries?

Amid challenging global conditions, proposals to address liquidity issues must be urgently matched by a reformed, development-focused international financial architecture.

9 April 2024 | Guest comment

IFI governance

News

WEBINAR: A way out of IMF reform

Join us on Wednesday 12th June for the webinar: A way out for IMF reform where we will be discussing the outcome of IMF’s 16th Quota Review and explore the future prospects for governance reform.

10 June 2024 | Events

IFI governance

Analysis

G20 press conference analysis Spring Meetings 2024: Concrete actions fail to materialise despite strong Brazilian push

In the absence of a G20 Communiqué or Chair statement, Brazilian minister of finance, head of the central bank and other senior officials took questions at a short press conference, with discussion focused on the impact of continued restrictive US monetary policy on the global debt and development finance and the need for more responsive and better capitalised MDBs.

24 April 2024

IFI governance

Analysis

V20 communiqué analysis Spring Meetings 2024: Climate vulnerable countries issue call to action, as net-negative flows result in ‘millions in, billions out’ amid growing debt burdens

V20 members are expected to pay $904.7 billion in debt service between 2022-2030, as debt, lack of financing and low projected growth hampers prospects for green economic transformation.

24 April 2024

IFI governance

Analysis

IMFC chair’s statement analysis Spring Meetings 2024: Tinkering at the margins while global crises unfold  

IMFC chair’s relatively sanguine view of the global economy does not reflect the IMF’s own projection that the five-year global economic growth forecast is “at its lowest in decades”.

24 April 2024

Other news

IFI governance

Background

Adequate disclosure, public review, and consultation for environmental and social impacts before World Bank Group financing decisions

Notes from the Civil Society Policy Forum on 19 April 2024 titled, "Adequate disclosure, public review, and consultation for environmental and social impacts before World Bank Group financing decisions".

19 April 2024 | Minutes

IFI governance

Background

Beyond size in IDA21 replenishment: What about socio-economic transformation?

Notes from Civil Society Policy Forum panel 19 April titled, "Beyond size in IDA21 replenishment: What about soci0-economic transformation?"

19 April 2024 | Minutes

IFI governance

Background

Making the new Loss and Damage Fund a success – Recommendations by climate vulnerable civil society

Notes from the Civil Society Policy Forum session on 18 April 2024 titled, "Making the new Loss and Damage Fund a success – Recommendations by climate vulnerable civil society"

18 April 2024 | Minutes

IFI governance

Background

The polycrisis: How unchecked public debt fuels corruption and bad governance

Notes from the Civil Society Policy Forum on 18 April titled "The polycrisis: How unchecked public debt fuels corruption and bad governance."

18 April 2024 | Minutes

IFI governance

Background

When exits and accountability collide: What happens when IFC exits projects mid-accountability process?

Notes from Civil Society Policy Forum on Thursday, 18 April titled, "When exits & accountability collide: What happens when IFC exits projects mid-accountability process?"

18 April 2024 | Minutes

IFI governance

Background

Fit for purpose: Reviewing green conditionalities in the IMF RST and World Bank RST

Notes from the Civil Society Policy Forum on 18 April 2024 titled, "Fit for purpose: Reviewing green conditionalities in the IMF RST and World Bank RST."

18 April 2024 | Minutes