The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
The Bank’s new Africa energy strategy offers it an important chance to mainstream achieving SDG7 into its energy lending on the continent.
IMF-backed austerity measures starved health sector prior to pandemic, yet Fund continues to prescribe devastating long-term fiscal consolidation.
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
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.
World Bank Staff Association's call for permanent cancellation of Spring Meetings and its CSPF raises long-standing concerns about the need for improved civil society engagement by the Bank and Fund.
Analysis of the Development Committee communiqué published on 17 April.
Sponsor: World Bank Group Chairs: Merza Hasan (WB Executive Director, MENA Constituency), Lindsay Coates (Acting…
Information on the private sector and the CIFs taken from each section of CIF Monitor…
G24 communiqué (09 October): analysis, original document G20 finance ministers' communiqué (10 October): original document…
In July 2012 NGOs called on governments to pivot away from funding the Bank-housed Climate…
Climate Investment Funds Monitor 7 25 April 2013 This briefing, including references, can also be…
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.
Summary of seminar held at the Civil Society Forum during the 2010 World Bank/ IMF spring meetings.
In a submission the the DFID white paper consultation, we set out the significant change needed at the World Bank and IMF to bring them into line both with international norms and with UK policy, in order to improve their contribution to sustainable development. In this submission we outline changes needed in: IFI governance; IFI conditionality policies; IFI policies related to aid effectiveness; IFI policy on climate change; private-sector finance; and the financial sector's impact on devel