The Bretton Woods Project's review of the most important developments at the World Bank and IMF in 2016.
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CIFs indefinitely postpone decision on when they will close, prompting concerns CIFs recapitalisation drive will rival GCF replenishment.
Bank and GCF finalise framework agreement, meaning nine co-financed projects can go forward.
GCF’s permanent trustee will chosen through open bidding process with final decision expected to be taken in October
Notes from a side event at the IMF/World Bank 2016 annual meetings discussing lessons learned from the World Bank Group’s experiences with high risk projects, safeguards, gender equality, Indigenous Peoples, and environmental and social management systems, and how these should be applied to the Green Climate Fund.