Articles & resources
Critical voices on the World Bank and the IMF
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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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The Rabat Roadmap: Activist resistance, militarism and the global economy
The Declaration is launched this month, bringing together feminist, economic justice and climate justice advocates’ demands for systemic change.
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Civil society urges the IFC and ADB to cancel financing for Pakistan copper mine
Located in a militarised region, the project risks exacerbating social disruption and environmental destruction.
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Gita Gopinath’s departure rekindles debate about US exorbitant influence at IMF
Gopinath to be replaced by US Treasury Secretary’s chief of staff, while Fund’s voting structure preserves US veto power despite calls for greater global representation.
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New investigation highlights harms of for-profit healthcare funded by IFC-backed private equity group
New exposé highlights allegations of abuse at hospitals invested in by IFC’s client TPG Inc.
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BWP launches new briefing on IMF surveillance
New BWP briefing analyses the impact of IMF surveillance on gender and social inequality.
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Civil society awaits Bank’s Fragility, Conflict & Violence strategy consultation opportunity
Despite Bank’s existing FCV strategy expiring this year, civil society still await announcement of public consultation on its replacement.
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IDA21 policy package disappoints as prospects for IDA countries continue to darken
After difficult negotiations due to American pressure on climate and gender, World Bank governors approve IDA21 document, embedding the Bank’s problematic private sector-led development approach and failing to integrate economic transformation or binding human rights obligations.
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From billions to nowhere: Ajay Banga’s development mirage
With scant data, high investor protections and little benefit to low-income countries, the Bank’s ‘new’ private sector development approach risks entrenching inequality under the guise of development.
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Ghana’s gas debt provides cautionary tale as World Bank reconsiders support for upstream gas projects
After following World Bank energy reform model, government faced with crippling debts and high energy costs.
