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Infrastructure

Analysis

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.

8 December 2022

IFI governance

Analysis

IMF quota review: Putting climate at the core of IMF governance reform

Addition of cumulative carbon emissions indicator in IMF quota formula would give climate-vulnerable countries greater voice in IMF.

8 December 2022 | Guest analysis

Environment

Commentary

Bridgetown Initiative calls for new Global Climate Mitigation Trust financed via Special Drawing Rights

IMF’s lending instruments fail to provide swift and large-scale funding for climate transition. The Bridgeton Initiative proposes a new trust backed by $500 billion in SDRs for climate and development.

8 December 2022 | Guest comment

Rights

News

A new SDR allocation: Combatting deepening fragility concerns

The links between high debt burdens, lack of climate finance, austerity and the rise in political instability and fragility, conflict and violence remain largely neglected as IMF shareholders consider calls for a new SDR allocation, as proposed by the Bridgetown Agenda.

8 December 2022

IFI governance

Analysis

V20 communiqué analysis Annual Meetings 2022: Climate vulnerable countries call for debt relief and a revamped IMF

The finance ministers for the Vulnerable Group of Twenty, a bloc of 58 developing country economies representing some 1.5 billion people, issued a communiqué on 16 October.

19 October 2022

IFI governance

Analysis

G24 communiqué analysis Annual Meetings 2022: G24 echoes calls for more drastic measures by international financial institutions

G24 communiqué echoes calls for more drastic measures by international financial institutions to cushion the blow for low- and middle-income countries in the face of compounding global crises.

19 October 2022

IFI governance

Analysis

G20 press briefing analysis Annual Meetings 2022: Challenges and differences in view, as escalating geopolitical conflicts worsen the economic situation

The Indonesian Minister of Finance Sri Mulyani Indrawati acknowledged the G20 faced "many challenges" and "differences in view", with "escalating geopolitical conflicts worsening the economic situation.”

19 October 2022

Finance

Analysis

G20 review calls for increased MDB lending as World Bank ignores urgent need for policy changes

G20 independent review calls for increased lending by multilateral development banks to address multiple crises, but lack of reform in World Bank crises response framework raises concerns about how it would use additional resources.

4 October 2022
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Other news

Finance

News

Chad gets debt rescheduling, not relief, and is left dependent on oil revenues

Chad has reached an agreement to restructure its nearly $3 billion of external debt, unlocking IMF financing, but the deal has been criticised for failing to reduce the country’s overall debt burden.

8 December 2022

Finance

News

Argentina increases offer to bondholders after IMF claims “room for improvement”

Private creditors provided with IMF backing in Argentina negotiations as country enters into default.

16 July 2020

Finance

Analysis

Our world in 2020

As the Covid-19 pandemic exacerbated and helped reveal pre-existing injustices and structural flaws in the global economy - and the IMF and World Bank proved unable to reverse course on broke policy prescriptions - calls for reforming the international financial and development architecture gained strength. 

22 February 2021

Finance

Background

Taxing to Develop: International Taxation Challenges for Africa

Notes from the IMF and World Bank 2019 Spring Meetings official session on 14 April on international taxation challenges in Africa. 

18 April 2019 | Minutes

Infrastructure

Background

Sustainable Infrastructure: Aligning with Rights and the SDGs

Notes from the Civil Society Policy Forum event on 10 April, which looked at sustainable infrastructure from fiscal, rights and climate lenses.

17 April 2019 | Minutes

Finance

Background

Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation

Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.

16 April 2019 | Minutes

Private Sector

News

CSOs call on World Bank to halt its aggressive support of PPPs

152 CSOs call demand World Bank halt its aggressive support of PPPs, publicaly recognise their significant risks.

6 December 2017

Social services

Background

PPP civil society strategy session

Notes from a PPP civil society strategy session taking place during the week of the World Bank/IMF annual meetings 2016.

4 October 2016 | Minutes
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