World Bank’s support for fossil fuel projects, including problem-riddled Medupi coal power station, leaves its reputation in tatters with South African civil society.
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Analysis
IFI governance
Analysis
IMF quota review: Putting climate at the core of IMF governance reform
Addition of cumulative carbon emissions indicator in IMF quota formula would give climate-vulnerable countries greater voice in IMF.
Gender
Analysis
New IMF gender strategy's potential to catalyse change undermined by austerity and problematic mission creep
IMF’s new gender mainstreaming strategy makes effort to include civil society demands but falls short of transformative vision as austerity remains Fund’s raison-d’état.
IFI governance
Analysis
V20 communiqué analysis Annual Meetings 2022: Climate vulnerable countries call for debt relief and a revamped IMF
The finance ministers for the Vulnerable Group of Twenty, a bloc of 58 developing country economies representing some 1.5 billion people, issued a communiqué on 16 October.
IFI governance
Analysis
IMFC Chair's Statement analysis Annual Meetings 2022: Scrambling for new ideas to tackle inflation, debt, and climate change
IMFC chair statement condemns Russia’s war while scrambling for new ideas to tackle inflation, debt, and climate change, as Covid response fades from attention.
IFI governance
Analysis
G24 communiqué analysis Annual Meetings 2022: G24 echoes calls for more drastic measures by international financial institutions
G24 communiqué echoes calls for more drastic measures by international financial institutions to cushion the blow for low- and middle-income countries in the face of compounding global crises.
IFI governance
Analysis
Development Committee Chair’s Statement analysis Annual Meetings 2022: Statement calls for greater international cooperation and strengthened multilateralism
The Development Committee issued a chair statement instead of a communiqué, following its meeting on 14 October.
IFI governance
Analysis
G20 press briefing analysis Annual Meetings 2022: Challenges and differences in view, as escalating geopolitical conflicts worsen the economic situation
The Indonesian Minister of Finance Sri Mulyani Indrawati acknowledged the G20 faced "many challenges" and "differences in view", with "escalating geopolitical conflicts worsening the economic situation.”
Other news
Finance
Analysis
Our world in 2020
As the Covid-19 pandemic exacerbated and helped reveal pre-existing injustices and structural flaws in the global economy - and the IMF and World Bank proved unable to reverse course on broke policy prescriptions - calls for reforming the international financial and development architecture gained strength.
Gender
Analysis
The IMF and Gender Equality: Operationalising Change
This briefing raises critical questions on the latest developments in the IMF’s approach to gender.
IFI governance
Analysis
CSO roundtable with World Bank Group executive directors
Sponsor: World Bank Group Chairs: Merza Hasan (WB Executive Director, MENA Constituency), Lindsay Coates (Acting…
Environment
Analysis
CIFs and the private sector
Information on the private sector and the CIFs taken from each section of CIF Monitor…
IFI governance
Analysis
Annual meetings 2014: communiqués coverage
G24 communiqué (09 October): analysis, original document G20 finance ministers' communiqué (10 October): original document…
Environment
Analysis
NGOs call for halt of World Bank’s climate initiatives
In July 2012 NGOs called on governments to pivot away from funding the Bank-housed Climate…
Environment
Analysis
CIFs Monitor: past issues
Climate Investment Funds Monitor 7 25 April 2013 This briefing, including references, can also be…
Accountability
Analysis
Submission to the International Development Committee of the UK parliament: inquiry into the World B
The UK should not increase its contribution to IDA in the current replenishment. Instead, it should focus on achieving substantial reforms of the World Bank and IFC in key areas, including health, gender, climate and energy, and the private sector, and in radically improving the legitimacy, transparency and accountability of the institution.
