Articles & resources
Critical voices on the World Bank and the IMF
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Mitigating currency mismatch in development finance: MDBs and local currency lending
MDBs must consider local currency lending a central pillar of their development mandate.
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From donor to investor: The dangers of the development paradigm shift
As significant cuts to ODA are made, a narrative shift by rich donor countries attempts to detract attention from reduced spending.
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Challenging primacy of BWIs urgent as threats to UN and multilateralism deepen
UN80 reform process and establishment of ‘Board of Peace’ increase threats of erosion of UN’s role.
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New report debunks World Bank and IMF’s claims that universal social protection is unaffordable
Development Pathways and Act Church of Sweden report demonstrates the viability of locally financed and gradual provision of universal social protection.
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International Court of Justice ruling delivers ‘earthquake’ on states’ obligations to address climate crisis
Landmark opinion confirms states have a binding legal duty to prevent climate harm, which has implications for their ‘voice and vote’ at IFIs.
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As Global North blocks progressive reforms at FfD4, World Bank’s failed private sector approach gains traction
As Global North obstructs global finance and debt architecture reforms proposed at FfD4, the World Bank’s failed “billions to trillions” approach continues to gain prominence.
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UN Secretary General’s New Agenda for Peace calls for urgent financial architecture and policy reform
UN Secretary General’s New Agenda for Peace report identifies growing threats to global peace and stability, and proposes urgent reforms to the unjust economic system. World Bank and IMF resist policy and governance reform.
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World Bank and IMF influence casts shadow over South Africa’s Just Energy Transition Partnership
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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How IMF and World Bank support for financialisation undermines human rights
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
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First gathering of world’s public development banks fails to deliver concrete commitments
World Bank and other MDBs fail to sign on to general declaration as multilateral leadership on solutions to climate, debt and inequality crises remains inadequate.
