The Pilot Program for Climate Resilience (PPCR) has called for urgent donations to be able to finance projects pending approval. The CIF strategic directions paper proposed for a new private sector window to be set up. Concerns were raised about community consultations in Samoa and around resettlement risks related to a Haiti project.
Other International Financial Institutions
The rationale for adding new pilot countries to the Forest Investment Program (FIP) given funding constraints has been questioned, as well as the focus on providing loans rather than grants. The CIF strategic directions paper noted challenges for the FIP, and proposed a new private sector window. Questions were raised about the consultation of ethnic minorities in relation to a Laos project.
Concerns continues over slow progress in implementing the Scaling up Renewable Energy Program in Low Income Countries (SREP) investments plans and lack of funding for new pilot countries, as well as constraints on grant resources. The CIF strategic directions paper proposed an enhanced private sector programme for energy access. Questions on consideration of indigenous peoples were raised in relation to Liberia and Tanzania projects.
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2015.
Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.
This briefing notes that recent reforms to the IMF and World Bank governance and the establishment of new Southern-led IFIs are symbolically important, however, they are thus far not a rupture with the Western-dominated international financial architecture.
Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.
While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.
The World Bank and other multilateral development banks continue to push for public-private partnerships for infrastructure projects, despite concerns of debt risks and lack of transparency.
This briefing examines the trajectory of China's evolving leadership in international development finance, including the impact of it's massive increase in development finance for developing countries.
The best books and papers on the World Bank and IMF from 2015.
A report assessing the effectiveness of 11 development bank’s accountability systems found that they are not effective at consistently providing remedy to those harmed.