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
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
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.
Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.
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.
MIGA principally provides political risk insurance for private investors undertaking foreign direct investment.
Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.
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
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.
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.
IFC and CAO will undergo changes in leadership at a pivotal time for both institutions, with merit-based selection of new leaders essential.
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.
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.”