BWP is now accepting applications for the new role of Environment Project Officer, which will support the Project's advocacy and research on the Bretton Woods Institutions' climate-related policies.
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MIGA
IFI governance
Analysis
Civil society calls for World Bank to reroute ‘Evolution Roadmap’ away from Cascade
Civil society questions the proposed expansion of the Cascade approach, which has failed to deliver the ‘trillions’ promised.
Environment
News
As World Bank launches Paris alignment approach, unclear guidelines raise greenwashing concerns
Bank’s approach relies on countries' national climate plans, which are not currently collectively aligned with 1.5°C temperature goal.
IFI governance
Analysis
Spring Meetings 2023 Preamble: Threats to multilateral system and to achievement of development goals mount as hopes of substantive reform at World Bank and IMF wane
Spring Meetings unlikely to deliver structural reforms required to respond to worsening polycrisis, as Global North-driven World Bank reform set to divert attention from poverty and inequality and geopolitical tensions dampen hopes of new SDR allocation and IMF quota reform.
IFI governance
Analysis
Democratic deficit in World Bank presidential appointment: Where is the evolution?
The World Bank Group needs to address its democratic deficit and lack of accountability. As it prepares to elect a new president and implement its “evolution roadmap”, it should use these key opportunities to embrace a profound reform.
Environment
News
World Bank’s update on Paris alignment fizzles at COP27 as countries demand MDBs evolve to face climate emergency
Despite continued public rhetoric about importance of civil society engagement, Bank is yet to commit to holding a public consultation period on its Paris alignment approach.
IFI governance
Analysis
Annual Meetings 2022 Preamble: With risk of global recession on horizon, World Bank and IMF's ability to offer credible solutions remains in question
Economic turmoil and geopolitical fragmentation will provide the backdrop to the first in-person World Bank and IMF Annual Meetings since 2019.
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.
Other news
Infrastructure
News
MIGA’s support for gas projects raises concerns about its climate credentials
World Bank’s commercial insurance arm provided nearly $850 million in guarantees for gas projects in Bangladesh and Mozambique in fiscal year 2022.
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."
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.
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.
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
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.
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.
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.
