World Bank confirms cancellation of controversial tourism project in Tanzania, after over 2 years of civil society campaigning.
World Bank Group
Rights
News
Communities demand justice as IFC fails to address coal financing fallout
IFC faces backlash for failing to address social and environmental harms from its financing of coal plants in the Philippines, despite proven health and environmental violations.
Rights
News
UN Human Rights Council debt roundtable concludes debt crisis is a human rights crisis
UN Human Rights Council’s Seventh Intersessional Meeting calls for states to use FfD4 to agree reforms that enable states to deliver on their human rights obligations.
Knowledge
Background
Bretton Woods Project Annual Report 2024
In 2024 BWP continued to support global civil society in pushing for transformative change, advocating for a multilateral system that is democratic, inclusive, transparent, accountable and responsive to people, especially the poorest and most vulnerable.
Finance
News
FfD4 is a feminist issue
FfD4 civil society feminist workstream calls for gender and race equality, human rights and systemic change in the international financial architecture, while groups plan strategic convening in Morocco.
Knowledge
Background
Recommended resources on the World Bank and the IMF 2024
BWP's collection of recommended reports, briefings, CSO letters and other resources published on the World Bank and the IMF in the past year .
Environment
Analysis
COP29 sees MDBs climate finance take centre stage, as civil society brands new climate finance goal a ‘betrayal’
Rich countries agree to provide a paltry $300 billion in public finance by 2035 including funds channelled through MDBs, as Small Island States and Least Developed Countries stage walkout.
Private Sector
Commentary
The B-Ready index: the World Bank’s bluewashing of labour rights
World Bank’s new Business-Ready (B-Ready) index offers new measures but reductionist approach, ultimately rewarding countries driving down labour rights in favour of business.
Accountability
Analysis
Missing in action: accountability is noticeably absent from the World Bank Group’s new Corporate Scorecard
The Corporate Scorecard’s accountability gap is symptomatic of a broader failure on the part of the WBG to fully internalise, integrate and learn from the work of its accountability mechanisms.
Land
News
World Bank goes full steam ahead on agribusiness, but new CAFOD report highlights gendered harms of Bank's approach
Under President Banga, the World Bank is going full steam ahead on agribusiness financing with a $9 billion annual commitment by 2030, but a CAFOD report highlights harmful gendered impacts of current approach to commercialising farming.
Environment
News
MIGA’s new guarantee for voluntary carbon markets risks shielding big polluters
CSOs warn MIGA's proposal at COP29 to de-risk carbon markets for private investors could shield polluters from accountability, leaving local communities to bear the costs.
IFI governance
News
New report debunks claims that inadequate MDB transparency results from private sector concerns
Amid underwhelming private capital mobilisation, new report underscores poor state of transparency and disclosure of private sector finance by multilateral development banks and development finance institutions.
