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IFC

IFI governance

Analysis

Spring Meetings 2022 Preamble: War in Ukraine risks deepening divergent recovery as World Bank and IMF prepare for Spring Meetings

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.

14 April 2022

Private Sector

Analysis

How IMF and World Bank support for financialisation undermines human rights

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

6 April 2022 | At Issue

Infrastructure

Analysis

World Bank announces support for CCUS in Nigeria despite criticisms it reinforces fossil fuel dependence

World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.

6 April 2022
Ecosistemas advocates protest against Alto Maipo project before IFC building.

Accountability

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.

9 December 2021 | Guest comment

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.

9 December 2021

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.

19 October 2021

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.

19 October 2021

IFI governance

Analysis

G24 communiqué analysis - Annual Meetings 2021

G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.

19 October 2021
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Other news

IFI governance

Background

MISSING RECEIPTS: How did DFIs’ covid-19 response affect human and environmental rights during the 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?"

11 April 2022 | Minutes

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.

6 October 2021 | Minutes

Rights

News

Report implicates IFC investments in human rights abuses of Uyghur and other minorities in China

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.

6 April 2022

Social services

News

Civil society hails IFC’s divestment from for-profit education provider Bridge International Academies

The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.

6 April 2022

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

Infrastructure

News

New US treasury guidance introduces limits for US support for fossil fuels at World Bank

Civil society voices concern about continued support for fossil gas under the policy.

22 September 2021

Accountability

News

Civil society calls for IFC and MIGA to build upon CAO reform

Civil society urges IFC and MIGA to act to maximise the benefits of CAO reforms

13 July 2021
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