War in Ukraine will have significant spillover effects as Global South continues to carry the burden of vaccine inequity. Debt, austerity and evolving food crisis key talking points of Meetings while unequal recovery, gender, RST and surcharges key issues at CSPF.
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.
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.
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
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.
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.
G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.
Notes from Civil Society Policy Forum event on April 11, 2022, on: "MISSING RECEIPTS: How did DFIs’ COVID-19 Response Affect Human and Environmental Rights during the Pandemic?"
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.
New CSO research alleges that IFC investments have contributed to forced displacement and labour, detention, and other human rights violations of Uyghurs and other minorities in Xinjiang, China.
The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.
BWP is pleased to welcome Friederike Strub as our Gender Equality and Macroeconomics Lead and Amy McShane as Gender Project Officer.
Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.
Civil society voices concern about continued support for fossil gas under the policy.
Civil society urges IFC and MIGA to act to maximise the benefits of CAO reforms