View all articles

World Bank Group

IFI governance

Analysis

G24 communiqué analysis Spring Meetings 2023: In a world in crisis, BWIs need bold reform

The G24 communiqué of the 2023 Spring Meetings left no doubt about the gravity of the state of global affairs, including rising extreme poverty, food insecurity, migration and forced displacement.

19 April 2023

IFI governance

Analysis

Development Committee chair’s statement analysis Spring Meetings 2023: Division among Bank’s shareholders leaves ‘evolution roadmap’ at a cross-roads

Lack of consensus over Ukraine conflict meant Development Committee once again failed to agree a communiqué, with split also emerging over sources of funding for Bank’s expanded mission.

19 April 2023

IFI governance

Analysis

V20 communiqué analysis Spring Meetings 2023: Climate vulnerable countries call for global financial architecture fit to tackle climate and debt emergencies

V20 called for substantive debt relief and increased concessional financing to help break vicious cycle of debt and Loss and Damage, and spur ‘climate-positive development’.

19 April 2023

IFI governance

Analysis

Spring Meetings 2023 Wrap up: Bretton Woods Institutions fail to deliver a transformative ‘evolution’

In the absence of transformative reform blocked by geopolitical fragmentation, the World Bank and IMF continue addressing global challenges with short-term, misguided measures of trickledown economics and private sector over reliance.

18 April 2023

IFI governance

Analysis

Spring Meetings 2023 Preamble: Threats to multilateral system and to achievement of development goals mount as hopes of substantive reform at World Bank and IMF wane

Spring Meetings unlikely to deliver structural reforms required to respond to worsening polycrisis, as Global North-driven World Bank reform set to divert attention from poverty and inequality and geopolitical tensions dampen hopes of new SDR allocation and IMF quota reform.

6 April 2023

IFI governance

Analysis

Democratic deficit in World Bank presidential appointment: Where is the evolution?

The World Bank Group needs to address its democratic deficit and lack of accountability. As it prepares to elect a new president and implement its “evolution roadmap”, it should use these key opportunities to embrace a profound reform.

5 April 2023

Finance

Analysis

Against regressive taxes and austerity: IMF and World Bank must pivot tax policies to support a just and green transition

This year, 85 per cent of the world’s population lives under austerity measures, while multinational enterprises and the wealthy have benefited from privileged tax structures and regressivity, allowing inequality to widen.

5 April 2023 | Guest analysis

Rights

Commentary

Civil society calls on World Bank and IMF to safeguard civic space and prevent retaliation around Marrakesh Annual Meetings

To prevent repression and retaliation at their Annual Meetings in Marrakesh, World Bank and IMF must work proactively with MENA civil society and Moroccan authorities on safeguarding civic space and upholding free speech.

5 April 2023 | Guest comment
View all articles

Other news

IFI governance

Background

IFI reform, Bridgetown & climate finance: Critical civil society perspectives

Notes from Civil Society Policy Forum panel on 12 April titled "IFI reform, Bridgetown & climate finance: Critical civil society perspectives."

12 May 2023 | Minutes

IFI governance

Background

Time to get Macro? Gendered effects of World Bank macroeconomic policy amidst IFI reform

Notes from the CSPF panel "Time to get Macro? Gendered effects of World Bank macroeconomic policy amidst IFI reform" on Friday the 14th of April 2023. 

14 April 2023 | Minutes

IFI governance

Background

Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework

Notes from the Civil Society Policy From on 13 April titled "Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework."

13 April 2023 | Minutes

IFI governance

Background

Protecting biodiversity in a biodiversity crisis

Notes from the CSPF on 12 April titled "Protecting biodiversity in a biodiversity crisis."

12 April 2023 | Minutes

IFI governance

Background

Why Paris Alignment must be part of the Evolution Roadmap and what this should look like

Notes from the CSPF on 12 April titled "Why Paris Alignment must be part of the Evolution Roadmap and what this should look like."

12 April 2023 | Minutes

IFI governance

Background

Political economic reforms in the extractive sector as a catalyst to sustainable development in Africa

Notes from the CSPF on 12 April titled "Political economic reforms in the extractive sector as a catalyst to sustainable development in Africa."

12 April 2023 | Minutes

Social services

News

Civil society calls to move away from PPPs grow, while World Bank doubles down on private finance-led approach

Civil society ramps up calls to move away from public-private partnerships (PPPs) with Santiago Declaration for Public Services. 

5 April 2023

Infrastructure

News

MIGA’s support for gas projects raises concerns about its climate credentials

World Bank’s commercial insurance arm provided nearly $850 million in guarantees for gas projects in Bangladesh and Mozambique in fiscal year 2022.

5 April 2023
View all articles