As climate crisis deepens, IFC’s Green Equity Strategy faces delay from World Bank’s Board, with CSO activists calling Board’s foot-dragging a ‘scandal’.
World Bank Group
Environment
Analysis
Low-carbon infrastructure, sustainable finance, and people-focused development
This briefing emphasises the interdependence between the SDGs and the Paris Climate Agreement, in terms of ensuring that all new infrastructure is climate resilient and aligned with the low- or zero-carbon pathways required to avert catastrophic climate change – which would render achieving the SDGs impossible.
Social services
News
Human Rights Council resolution challenges World Bank approach to education
Abidjan Principles recognition by UN HRC states confronts World Bank privatization push in education.
Finance
News
IMF and World Bank complicit in “climate debt trap” following Mozambique cyclones
International community fails to deliver on 'Loss & Damage' while poorest countries become further indebted.
Accountability
News
IFC capital increase not a priority for US Congress
US Congress yet to approve World Bank’s proposed capital increase agreed in 2018.
Gender
News
Civil society left unconvinced as World Bank promotes PPPs as tool for gender equality
The World Bank launches a new primer on PPPs and gender equality as civil society and women’s rights groups highlight concerns around risks and harmful impacts to gender equality and sustainable development.
Environment
News
Climate Investment Funds quietly postpone decision on how to implement ‘sunset clause’
CIFs indefinitely postpone decision on when they will close, prompting concerns CIFs recapitalisation drive will rival GCF replenishment.
Rights
News
IFC announces changes to environmental and social framework after loss of immunity in the US
IFC announces changes to environment and social safeguards after historic United States Supreme Court ruling.
IFI governance
Background
What is the ‘gentleman’s agreement’?
Leadership of the IMF and World Bank has been guided by a historical 'gentleman's agreement' between Europe and the United States. What does this agreement entail? And how could it be reformed?
WB/IMF roles
Background
What are the main criticisms of the World Bank and the IMF?
The IMF and World Bank continue to be amongst the most relevant and significant powerful norm-setters, convenors, knowledge-holders and influencers of the international development and financial landscape. This Inside the Institutions sets-out some of the most common criticisms of the World Bank and IMF under three broad lenses: democratic governance, human rights and the environment.
Gender
Background
Sexual orientation & gender identity – considering risk mitigation within World Bank programming
This Civil Society Policy Forum Session was co-sponsored by the National LGBT Chamber of Commerce,…
Finance
Background
Taxing to Develop: International Taxation Challenges for Africa
Notes from the IMF and World Bank 2019 Spring Meetings official session on 14 April on international taxation challenges in Africa.
