World Bank announces relaunch of Doing Business Report in approximately two years.
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World Bank Group
Finance
Analysis
Debt crisis prevention: We need to talk about capital controls
IMF's position on capital controls must be revised to recognise that they are an essential and permanent macroeconomic tool necessary to increase countries' policy autonomy and enable them to act counter-cyclically and to prevent future debt crises.
Environment
Analysis
Lack of public finance and debt relief at COP26 undermines countries' climate goals
Climate-for-debt swaps mechanism proposed by IMF fails to materialise, while rich countries' climate finance commitments remain unmet.
IFI governance
Commentary
Alto Maipo: Harms endure due to MDBs' lack of proper due diligence
World Bank and Inter-American Development Bank's reactive independent accountability mechanisms cannot address harms caused by lack of proper due diligence in Alto Maipo.
Environment
News
World Bank accused of being ‘ongoing underperformer’ at COP26, as key Bank shareholders commit to fossil-fuel finance phaseout
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
IFI governance
Analysis
Development Committee communiqué analysis - Annual Meetings 2021
The Development Committee communiqué was published on 15 October. It acknowledged an uneven and uncertain path to recovery, while it kept silent on the need for a TRIPS waiver of the Covid-19 vaccines and said little about the IMF’s new $650 billion allocation of SDRs.
IFI governance
Analysis
Annual Meetings Wrap-up: despite urgent climate and development needs, geopolitics and deference to private finance rule the day
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.
IFI governance
Analysis
G20 communiqué analysis – Annual Meetings 2021
G20 offers sanguine tone on the global health and debt crises, failing to address issues related to vaccines and private creditors.
Other news
Rights
News
Open letter UN Human Rights Council and UN Special Rapporteur on Disability Rights, Gerard Quinn
Letter from World Bank Disabled Support Group to UN Human Rights Council and UN Special Rapporteur on Disability Rights
Social services
News
Global Day of Action against the IMF and World Bank rejects corporate recovery agenda
Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.
Finance
News
Civil society frustrated by lack of substantive engagement in IDA20 replenishment process
Private sector first approach intact in IDA20 replenishment despite CSO recommendations.
Gender
Background
Gender Project Officer vacancy (CLOSED)
BWP is looking for a Project Officer to support the Bretton Woods Project team in monitoring the work of the World Bank and IMF, supporting critical civil society communities, and advocating for transformational change.
IFI governance
Background
The World Bank’s Development Policy Financing: implications for a just, green and feminist recovery
Notes from the Civil Society Policy Forum session on 29 September on the implications and shortcomings of how Development Policy Financing nudges countries towards policy reforms.
IFI governance
Background
Building back better through IDA20: Public investment as a tool for socio-economic transformation in Africa
Notes from the Civil Society Policy Forum session on 7 October on IDA20's replenishment implications with a focus on Africa.
IFI governance
Background
The role of the World Bank in combatting economic gender inequality in conflict-affected countries
Notes from the Civil Society Policy Forum session on 8 October on the need for the World Bank to better address economic gender inequality in conflict-affected countries.
IFI governance
Background
Building back better health systems: lessons from the WBG's Covid-19 response and recovery plans
Notes from the Civil Society Policy Forum session on 6 October on the World Bank's need to highlight the centrality of public healthcare systems, central to a just and equitable recovery.
