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Critical voices on the World Bank and the IMF
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IMF and World Bank’s muted response to illegal attacks on Iran deepens legitimacy concerns
IMF and World Bank fail to respond adequately to the crisis in the global economy created by fallout from US and Israel’s war on Iran and Lebanon.
World Bank accountability mechanisms merger: The decision is made – now comes the hard part
As Bank announces merger of institution’s independent accountability mechanisms, civil society remains concerned about new entity’s independence.
Building what was never built for us: The Borrowers’ Platform and the fight to correct sovereign risk
New Borrowers’ Platform marks significant step to address key flaws and power imbalances prevalent in international financial architecture.
World Bank’s Climate Change Action Plan extended despite US pressure
World Bank’s 45 per cent climate finance target ‘retired’ after US criticism, with IEG review expected to shape future of CCAP.
New World Bank mineral and metals strategy challenged to avoid pitfalls of extractionist approach
Despite focus on country mining compacts, World Bank’s new mineral and metals strategy, likely to struggle to escape previous extractionist pitfalls.
New Independent Evaluation Office report calls for stronger integration of climate into IMF surveillance and lending
IEO findings echo civil society concerns about IMF’s climate work, with its focus on austerity in surveillance and lending not assessed for its impact on countries’ climate action.
World Bank’s Water Forward initiative: Ensuring equitable water security, or narrowing paths to public solutions?
Water Forward promises water security for one billion people by 2030 but its focus on private capital mobilisation and big infrastructure risks excluding the world’s poorest from affordable access.
Global Partnerships Conference and World Bank Group’s London Financial Solutions Hub put spotlight on UK’s private finance push
UK’s Global Partnerships Conference reflects rich nations’ broader shift towards private finance as development solution over structural reform, whilst City of London is to become the World Bank Group’s new London Financial Solutions Hub.
The Bretton Woods twins: How do the World Bank and IMF work together?
This Inside the Institutions focuses on BWI’s cooperation, their policy approaches and how their influence on development and macroeconomic policy have increasingly converged, alongside ongoing debates about their harmful impact on development and human rights outcomes.
World Bank Scorecard midterm review: More data, uncertain outcomes
World Bank’s midterm review of Corporate Scorecard promises greater accountability, but methodology gaps and opaque timelines raise doubts about whether optics will trump genuine reform.
