IMF board's lukewarm endorsement of SDR rechanneling through MDBs stands in stark contrast to continued calls from Global South governments for additional SDR allocations, amid growing debt crisis.
Debt
Finance
Analysis
No false solutions: IMF surcharges must go
The IMF’s surcharges review presents a golden opportunity to eliminate these harmful and counterproductive fees.
Finance
News
'Worst ever’ debt crisis puts IDA’s financial model at risk, underscoring need for ambitious donor contributions to IDA21 replenishment
The unfolding debt crisis threatens IDA’s support for 75 low-income countries, without replenishment of grant resources.
Finance
News
Pakistan’s debt crisis fuelled by more IMF loans
Pakistan on track to receive its 24th loan from the IMF after the lender disbursed the last tranche of the country’s latest $3 billion programme.
IFI governance
Analysis
Spring Meetings 2024 Wrap Up: Despite mounting crises, persistent lack of political will to match rhetoric with action remains
Urgent BWIs reforms remain hostage to lack of political will in Global North as the G20 failed to deliver on important issues within a fragmented geopolitical situation.
Finance
Commentary
Better ways to reduce the pain of debt crises for developing countries?
Amid challenging global conditions, proposals to address liquidity issues must be urgently matched by a reformed, development-focused international financial architecture.
Environment
Background
The World Bank and climate finance: Success story or a new era of green ‘structural adjustment’?
This Inside the Institutions analyses the World Bank's climate finance, examining its impact on low- and middle-income countries' climate objectives.
Finance
News
Sri Lanka’s continued debt crisis highlights urgent need for wider reform
Sri Lanka’s inability to avoid its 17th IMF programme, and its catastrophic human rights consequences, adds to evidence of IMF and international system's failure to adequately respond to the worsening debt crisis and urgent need for debt cancellation and systemic reform.
Finance
News
New data show Global South is in worst debt crisis ever, with another lost decade looming
Civil society alliances call to prioritise sustainability of life over debt, while IMF continues to insist situation is not "systemic", in contrast to what the UN Secretary General has called a "systemic failure".
Environment
Background
What is the IMF Resilience and Sustainability Trust?
This Inside the Institutions looks at IMF’s Resilience and Sustainability Trust (RST) reflecting on concerns about its eligibility criteria, quota limit, and 'green conditions'.
Featured briefings
1 October 2024
Year one of World Bank Paris Agreement alignment in the energy sector: ‘green conditionality’ dwarfs green investments
New BWP research finds the Word Bank's approach to Paris alignment is being used to a significant extent to impose ‘green conditionalities' on borrowing countries, especially in the Global South.
3 July 2024
The Bretton Woods Observer: Summer 2024
3 July 2024
Is the World Bank rolling back commitments to citizen engagement, again?
Understanding the Bank’s chequered history with public, community and civil society participation is key for understanding what is at stake and what to do next.