Debt

Environment

Analysis

A faulty model?

This paper critically assesses the appropriateness of the Bank-housed Climate Investment Funds (CIFs) as a model for the Green Climate Fund (GCF). It takes proposals and recommendations by civil society groups and uses them as benchmarks to analyse the CIFs. It finds that in terms of institutional arrangements the CIFs have achieved some notable progress, however, in operations and performance there are serious concerns.

21 June 2011 | Reports

Environment

Commentary

World Bank's Africa strategy remains rutted in comfort zone

A critical analysis of the World Bank's new strategy for Africa

14 June 2011 | Guest comment

Rights

News

IMF's European austerity drive goes on

The IMF programme in Portugal highlights the heavy conditionality attached to loans. Meanwhile, a big, and very public, fight is brewing over debt in Greece, where the IMF denies any problems.

13 June 2011

Finance

News

Aid to Afghanistan, Malawi suspended on IMF decision

International donors including USAID and UK DFID have halted aid to Afghanistan following the IMF's suspension of funds in February.

13 June 2011

Social services

News

Rehash of failed policies for Arab states?

As revolutionary movements sweep the Arab world, the World Bank and the IMF have taken a lead in international economic engagement in the Middle East and North Africa region. But critics have warned of the dangers of locking transitional governments into long-term loans with economic conditionalities that may perpetuate the flawed development model that contributed to the crisis in the first place.

13 June 2011

Rights

Analysis

Debt and austerity - from the global South to Europe

In early May, more than 400 activists in Greece and campaigners and academics from across the world met in Athens to confront the current debt crisis of the European periphery and plan international solidarity and coordinated action against fiscal austerity imposed by governments.

13 May 2011 | Note

Accountability

Background

Consultation on Program for Results (P4R)

Notes of meeting, Washington DC, April 16, 2011

18 April 2011 | Minutes

Finance

Background

Meeting between the UK IMF Executive Director Alex Gibbs, HM Treasury and UK civil society organisat

Notes of the seminar of spring meetings 2011

13 April 2011 | Minutes

Conditionality

News

Call for debt audit as IMF austerity fails

As IMF austerity policies fail to solve Greece's debt crisis, activists call for an audit commission. Despite ongoing public protests and increasing challenges from academia, old economic principles continue to guide Fund practices.

6 April 2011

Environment

News

World Bank seeks expanded role in climate finance despite civil society protests

As civil society organisations line up to demand a minimal role for the World Bank in the new Green Climate Fund (GCF), the Bank is pushing its Climate Investment Funds (CIFs) as a model for the GCF, despite criticism and protest at CIF projects flaring up in recipient countries.

5 April 2011