Addition of cumulative carbon emissions indicator in IMF quota formula would give climate-vulnerable countries greater voice in IMF.
View all articles
View all articles
View all articles
UN
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.
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.
Finance
News
Debt overhang risks another lost decade and could derail progress on poverty reduction and SDGs
Over 60 per cent of low-income countries and more than 25 percent of emerging market economies are in or at risk of debt distress, and are in danger of being unable to fulfil their fiscal obligations.
Gender
Background
The World Bank's approach to gender mainstreaming
This Inside the Institutions looks at the World Bank’s current approach to gender mainstreaming, reflecting on and comparing it to previous Bank approaches to addressing gender inequality.
Finance
Analysis
IMF debt sustainability analysis in times of compounding crises: Still unfit for purpose
New IMF debt sustainability framework fails to alleviate concerns over transparency and overoptimism in midst of large-scale debt crisis, as countries face severe austerity and private lenders wait for bailouts.
Finance
Analysis
A new Bretton Woods for whom? Civil society calls for democratisation of global governance
As geopolitical tensions rise amidst worsening global economic conditions, civil society demands the democratisation of a world economic order away from the established Global North and elite capitalist hegemony.
Finance
News
Ineffective G20 Debt Service Suspension Initiative ends as world faces worst debt crisis in decades
As countries resume debt payment obligations amid unequal pandemic recovery CSOs call for debt cancellation and a multilateral debt workout mechanism.
Other news
Finance
News
UN letter of allegation outlines concerns about the impact of IMF surcharge policy on human rights
Civil society urges IMF to reply to UN letter and finally take action to review its surcharge policy.
Rights
News
'Uber Files' and 'Back off BlackRock' campaign expose 'pink washing' as the heart of corporate women's economic empowerment agenda
Uber Leaks and cancelled BlackRock and UN Women partnership highlight contradiction of corporate ‘pink washing’ interests with IFI gender commitments.
IFI governance
Background
Global South feminist perspectives and proposals on accelerating climate finance for countries facing debt crises
Notes from a Civil Society Policy Forum event on 12 October titled, "Global South feminist perspectives and proposals on accelerating climate finance for countries facing debt crises."
IFI governance
Background
IMF surcharges: A necessary tool or counter-productive obstacle to a just and green recovery?
Notes from the Civil Society Policy Forum session on 6 October on the governance and resourcing implications of IMF's surcharges.
Rights
News
Will IMF Strategy for Fragile and Conflict-Affected States escape traditional focus on austerity?
The IMF’s new Fragile and Conflict-Affected States strategy has incorporated many civil society concerns, but civil society and international actors like the UN must also have input into its implementation.
Gender
Background
The Bretton Woods Project welcomes new gender project staff
BWP is pleased to welcome Friederike Strub as our Gender Equality and Macroeconomics Lead and Amy McShane as Gender Project Officer.
IFI governance
Background
Making the Most of Special Drawing Rights: Approaches to maximise impact and create a sustainable and just recovery
Notes from the Civil Society Policy Forum session on 4 October on the ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights.
Social services
Background
The role of the World Bank in ensuring universal and equitable COVID-19 vaccines for all
Notes from the virtual Civil Society Policy Forum event on March 26.
