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IDA

IFI governance

Analysis

G20 press conference analysis Spring Meetings 2024: Concrete actions fail to materialise despite strong Brazilian push

In the absence of a G20 Communiqué or Chair statement, Brazilian minister of finance, head of the central bank and other senior officials took questions at a short press conference, with discussion focused on the impact of continued restrictive US monetary policy on the global debt and development finance and the need for more responsive and better capitalised MDBs.

24 April 2024

IFI governance

Analysis

V20 communiqué analysis Spring Meetings 2024: Climate vulnerable countries issue call to action, as net-negative flows result in ‘millions in, billions out’ amid growing debt burdens

V20 members are expected to pay $904.7 billion in debt service between 2022-2030, as debt, lack of financing and low projected growth hampers prospects for green economic transformation.

24 April 2024

IFI governance

Analysis

G24 communiqué analysis Spring Meetings 2024: Calls for reform, not protectionism

The Spring 2024 G24 communiqué puts pressure on the BWIs to use their influence where it’s needed, including calls to suspend and review surcharges, offer the biggest ever IDA replenishment, suppot the UN Tax Convention, and avoid protectionist policies.

24 April 2024

IFI governance

Analysis

Spring Meetings 2024 Wrap Up: Despite mounting crises, persistent lack of political will to match rhetoric with action remains

Urgent BWIs reforms remain hostage to lack of political will in Global North as the G20 failed to deliver on important issues within a fragmented geopolitical situation.

24 April 2024

IFI governance

Analysis

Development Committee chair’s statement analysis Spring Meetings 2024: Bank shareholder division hinders reforms required to address global challenges

Despite the Development Committee advocating for increased international cooperation, persistent geopolitical fragmentation constrains the much-needed reforms essential for addressing 21st-century challenges.

22 April 2024
IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga at the World Economic Forum Annual Meeting 2024 in Davos-Klosters, Switzerland, 17 January. Credit: World Economic Forum / Benedikt von Loebell

IFI governance

Analysis

Spring Meetings 2024 Preamble: Bretton Woods Institutions continue to sleepwalk through crises as 80th anniversary of Bretton Woods Conference approaches

At a time when transformative changes on governance and development financing are required, the World Bank and IMF have instead opted for a slimmed down Spring Meetings schedule.

11 April 2024

IFI governance

Analysis

IDA21: Moving beyond a focus on ‘historic’ replenishment

Calls for a ‘historic’ IDA21 replenishment risk diverting attention from the policy framework necessary for IDA to support countries to break their dependence on development finance and undertake the ecologically sustainable and just economic transformation long sought by their populations.

9 April 2024 | Guest analysis

Finance

Analysis

Opportunity lost: World Bank's Roadmap fails to chart path to better development outcomes

Civil society renews calls for an independent external evaluation of Bank policies ahead of Spring Meetings’ focus on the operationalisation of the Roadmap and a ‘historic’ IDA21 replenishment.

9 April 2024
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Other news

IFI governance

Background

Beyond size in IDA21 replenishment: What about socio-economic transformation?

Notes from Civil Society Policy Forum panel 19 April titled, "Beyond size in IDA21 replenishment: What about soci0-economic transformation?"

19 April 2024 | 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

Finance

News

Significant IDA21 replenishment required as need for concessional finance grows

Rich countries need to agree to an ambitious IDA21 replenishment to address compounding economic and liquidity crises, causing high levels of debt distress in low-income countries.

13 December 2023

Finance

News

A different ‘evolution roadmap’: Havana conference calls for changes in world order hierarchy

As IMF and World Bank tinker at margins, 50 policymakers, diplomats and academics from over 26 countries issue Havana Declaration calling for an assertion of Southern power and the building of a new "planetary bloc".

5 April 2023

IFI governance

Background

Greening whole economies? Unpacking World Bank plans for Paris alignment by July 2023

Notes from a Civil Society Policy Forum event on 14 October titled "Greening whole economies? Unpacking World Bank plans for Paris alignment by July 2023."

14 October 2022 | Minutes

Gender

Background

The Bretton Woods Project welcomes new gender project staff

BWP is pleased to welcome Friederike Strub as our Gender Equality and Macroeconomics Lead and Amy McShane as Gender Project Officer.

6 April 2022 | Project news

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.

9 December 2021

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.

9 December 2021
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