New BWP briefing finds the World Bank counted 70 per cent of energy-sector reforms in Development Policy Financing as having 'climate co-benefits' between 2018-2023 - but most of these promoted a private-led energy transition.
World Bank Group
IFI governance
Analysis
Spring Meetings 2025 Wrap-up: Don’t look up! Bank and Fund leadership self-censors on climate change and gender issues, as US tariffs rock global economic outlook
US Treasury Secretary Scott Bessent indicates US will stay in the Bank and Fund, claiming “America First does not mean America alone,” as tariffs and rising debt vulnerabilities prompt gloomy forecast.
IFI governance
Analysis
G20 press conference and media statement analysis Spring Meetings 2025: lack of Chair's statement yet more evidence of challenges to global consensus
The South African G20 Presidency failed to issue a communiqué and opted not to issue a Chair’s statement at the IMF and World Bank Spring Meetings as the US administration’s explicit hostility to multilateralism significantly decreases the potential for consensus across all multilateral fora.
IFI governance
Analysis
G24 communiqué analysis Spring Meetings 2025: failure to tackle structural injustices amid geopolitical turmoil
At this year’s Spring Meetings, the G24 communiqué failed to present strategic solutions for multilateralism’s future, offering no real path to address the multiple crises facing the world.
IFI governance
Analysis
V20 communiqué analysis Spring Meetings 2025: amid attacks on climate action, climate vulnerable countries once again highlight urgent need to step back from the brink
Faced with deafening silence from Bank and Fund leadership on climate issues at the Spring Meetings, climate vulnerable countries demand urgent changes to global financial architecture.
IFI governance
Analysis
Development Committee chair’s statement analysis Spring Meetings 2025: holding out on climate, but not without private finance
The Development Committee met on 24 April, with the chair issuing a statement, instead of a communiqué, reflecting the views of the majority of the group and providing clarity on priorities and moments of consensus within the chaos.
IFI governance
Analysis
Spring Meetings 2025 Preamble: geopolitical turmoil further muddies path of BWI reform and multilateral cooperation
As the World Bank and IMF prepare for the 2025 Spring Meetings, the US executive order reviewing its participation in global institutions has heightened long-standing concerns about the direction of the Bretton Woods system – with civil society turning to FfD4 to reimagine the future of multilateralism.
Finance
Analysis
Civil society calls for FfD4 to revive 'spirit of Monterrey' and reassert UN's role in global economic governance
The role of Bretton Woods Institutions remains a key point of contention, amidst their stark governance deficits.
Other news
IFI governance
Background
Mission 300: The high-stakes pursuit of energy transition in Africa
Notes from the Civil Society Policy Forum session on 25 April 2025, titled "Mission 300: The high-stakes pursuit of energy transition in Africa"
IFI governance
Background
IFC Sustainability Framework Review: a pivotal opportunity to protect human rights and the environment
Notes from the 24 April Civil Society Policy Forum session, titled IFC Sustainability Framework Review: a pivotal opportunity to protect human rights and the environment.
IFI governance
Background
Catalyzing climate finance in fragile contexts - What’s being done and what still needs doing?
Notes from the 23 April Civil Society Policy Forum session titled “Catalyzing climate finance in fragile contexts - What’s being done and what still needs doing?”
IFI governance
Background
How the Jubilee Year Can Address the Debt and Development Crises in the Global South?
Notes from the Civil Society Policy Forum on 22nd April titled How the Jubilee Year Can Address the Debt and Development Crises in the Global South?
Accountability
News
IFC ends investment in waste-to-energy incineration projects in Gujarat, India, following civil society campaign
While IFC’s withdrawal is welcome, civil society urges the Bank to stop funding WTE projects and move towards zero-waste solutions instead.
Accountability
News
Civil society and communities achieve victory as World Bank cancels tourism project in Tanzania
World Bank confirms cancellation of controversial tourism project in Tanzania, after over 2 years of civil society campaigning.
Rights
News
Communities demand justice as IFC fails to address coal financing fallout
IFC faces backlash for failing to address social and environmental harms from its financing of coal plants in the Philippines, despite proven health and environmental violations.
Finance
News
FfD4 is a feminist issue
FfD4 civil society feminist workstream calls for gender and race equality, human rights and systemic change in the international financial architecture, while groups plan strategic convening in Morocco.