World Bank Group

IFI governance

News

A new Bretton Woods? Critical perspectives on the World Bank’s proposed ‘evolution roadmap’ - A public debate

On 6th March 2023, members of civil society, academics and IFI officials joined BWP and the Centre for Sustainable Finance at SOAS for a public debate on the World Bank Group Evolution Roadmap. 

6 March 2023 | Event

Knowledge

Background

Recommended resources on the World Bank and IMF 2022

Bretton Woods Project publishes its selection of the best books, reports and other resources on the World Bank and IMF from 2022.

25 January 2023 | Resource

IFI governance

Commentary

BWP's reaction to the resignation of World Bank's President David Malpass

The new World Bank's president should be appointed through a merit-based, transparent process with criteria publicly available and candidates being able to present their platform.

17 February 2023 | Statement

Gender

News

Open civil society letter on WBG gender strategy update

53 civil society organisations call on the World Bank to open and robust public consultation on the World Bank’s forthcoming Gender Strategy update as the current FY16-23 strategy comes to an end.

20 December 2022 | Letters

Infrastructure

Analysis

World Bank and IMF influence casts shadow over South Africa’s Just Energy Transition Partnership

World Bank’s support for fossil fuel projects, including problem-riddled Medupi coal power station, leaves its reputation in tatters with South African civil society.

8 December 2022

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.

8 December 2022 | Guest comment

Environment

News

World Bank’s update on Paris alignment fizzles at COP27 as countries demand MDBs evolve to face climate emergency

Despite continued public rhetoric about importance of civil society engagement, Bank is yet to commit to holding a public consultation period on its Paris alignment approach.

8 December 2022

Rights

News

World Bank’s definition of ‘universal’ social protection - another buzzword?

World Bank’s newly released Social Protection and Jobs Compass guidance note creates confusion over the Bank’s definition of ‘universal’ social protection.

8 December 2022

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.

8 December 2022

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.

8 December 2022

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.

8 December 2022 | Inside the institutions

IFI governance

News

IMF's Independent Evaluation Office appoints new director and releases 2023 work plan

Changes in leadership have been announced at the WB Independent Evaluation Group and IMF Independent Evaluation Office. Furthermore, the IMF IEO published its 2023 Work plan introducing two new governance evaluations of the IMF’s mandate and its Exceptional Access Policy.

8 December 2022