MIGA

Infrastructure

Analysis

Ghana’s Sankofa gas project - backed by World Bank - brings fiscal pain

Ghana left with $250 million bill for unused gas in 2019 primarily due to ‘take or pay’ clause in Bank-supported PPP contract.

7 April 2020
Former World Bank chief economist, Pinelopi Goldberg (left) Credit: World Bank; Geoffrey Okamoto, appointed IMF first deputy managing director (right)

IFI governance

News

Senior-level staff changes at World Bank and IMF

World Bank chief economist departs as key role is “eroded”, while IMF’s Georgieva makes series of high-level appointments.

7 April 2020
IMF Board of Governors, Bali, Indonesia, 2018

IFI governance

Background

IMF and World Bank decision-making and governance

This Inside the Institutions looks at decision-making and governance structures at the IMF and World Bank.

7 April 2020 | Inside the institutions

Accountability

Commentary

Reviews of World Bank Group’s accountability mechanisms too important to be done in secret

Civil society deeply concerned about lack of transparency and consultation in ongoing reviews of World Bank's accountability mechanisms.

12 December 2019 | Guest comment

IFI governance

Analysis

The Bretton Woods Institutions and the second crisis of multilateralism

At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.

30 July 2019 | At Issue

IFI governance

Analysis

Development Committee communiqué analysis – Autumn 2018

Analysis of the Development Committee communiqué released on 13 October at the World Bank-IMF Annual Meetings in Nusa Dua, Bali.

16 October 2018

Accountability

News

Inspection Panel and Compliance Ombudsman Advisor reviews: Will World Bank fill the half-empty glass?

Civil society press for review of Inspection Panel and Compliance Advisor Ombudsman to result in reserve funds, community-led monitoring systems and greater power for accountability mechanisms.

6 December 2018

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
Earth Environment Warming Global Pollution Nature

IFI governance

Analysis

IEG findings cast doubt on Bank's ability to deliver on general capital increase

New IEG report raises questions about the Bank’s ability to use findings from evaluations to inform its operations.

22 July 2018

IFI governance

Analysis

Spring Meetings 2018 Preamble: Despite favourable growth trends, World Bank and IMF's attempts to tackle debt and inequality remain elusive

On the ten-year anniversary of the financial crisis, the World Bank and IMF have much to ponder ahead of the upcoming 2018 Spring Meetings.

11 April 2018

Accountability

News

CAO accepts complaint related to MIGA guarantee for TANAP

Complaint is latest in a series of environmental & social concerns raised about Southern Gas Corridor

4 April 2018

Environment

Analysis

As World Bank signals end of extraction finance, CSOs call for end to its other fossil fuel funding

Despite World Bank's One Planet Summit announcement that it will stop funding oil and gas extraction after 2019, it still has much to do to fully decarbonise its lending portfolio.

30 March 2018