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MIGA

Finance

Analysis

A new Bretton Woods for whom? Civil society calls for democratisation of global governance

As geopolitical tensions rise amidst worsening global economic conditions, civil society demands the democratisation of a world economic order away from the established Global North and elite capitalist hegemony.

21 July 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

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

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

Environment

Analysis

World Bank’s plans for Indonesia: Delayed action on climate and continued coal and gas support

Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.

29 September 2021 | At Issue

Finance

News

Pressure mounts for an end to IDA’s Private Sector Window as IDA20 negotiations continue

Civil society and academics call for scrapping of Private Sector Window in IDA20 and the reallocation of resources to support public sector responses to the pandemic.

22 September 2021

IFI governance

Background

Multilateral Investment Guarantee Agency – the Bank’s foreign direct investment insurance arm

MIGA principally provides political risk insurance for private investors undertaking foreign direct investment.

13 July 2021
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Other 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

Accountability

News

New CAO vice president urged to fight for CAO independence

Civil society call on newly appointed CAO vice president to safeguard CAO’s independence and fight for full implementation of recent external review of IFC and MIGA accountability framework.

10 December 2020

Environment

News

MIGA considering support for Guinea’s Nimba mining project in UNESCO heritage site

The Mount Nimba nature reserve has been listed as a World Heritage site since 1981 but classified as "in danger" since 1992, in part due to the threat of iron-ore mining.

6 October 2020

IFI governance

News

Changes at the top for IFC and its accountability mechanism

IFC and CAO will undergo changes in leadership at a pivotal time for both institutions, with merit-based selection of new leaders essential.

6 October 2020

Social services

Background

World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19

Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.

5 October 2020 | Minutes

Infrastructure

News

Civil society calls on IFC and other MDBs to stop financing damaging Balkan dams

A June petition signed by more than 120,000 people called on IFIs, “to immediately stop funding for projects that are located in protected areas.”

27 September 2018
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