Climate-for-debt swaps mechanism proposed by IMF fails to materialise, while rich countries' climate finance commitments remain unmet.
Debt
Finance
News
Debt crisis: What next as IMF and G20 initiatives set to expire?
G20 Common Framework left as the only multilateral mechanism for debt suspension, while private sector still refuses to engage.
Finance
News
Tensions escalate between Argentina and the IMF ahead of crucial loan repayment deadline
Controversial loan from IMF could force country into severe spending cuts.
IFI governance
Background
Making the Most of Special Drawing Rights: Approaches to maximise impact and create a sustainable and just recovery
Notes from the Civil Society Policy Forum session on 4 October on the ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights.
Finance
News
Former UN Independent Expert calls for end to IMF surcharges
Open letter calls for an end to IMF surcharges that penalise middle-income countries, limit their capacity to respond to the Covid-19 pandemic and meet their human rights obligations.
IFI governance
Analysis
Development Committee communiqué analysis - Spring 2021
Analysis of the IMF and World Bank Development Commitee communiqué published on 9 April from the 2021 World Bank and IMF virtual Spring Meetings.
IFI governance
Analysis
IMFC communiqué analysis – Spring Meetings 2021
Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.
Finance
Background
Special Drawing Rights as a sustainable option for financing fight against COVID-19 and economic recovery in Africa
Notes from the Spring 2021 Civil Society Policy Forum session on 1 April.
Finance
Background
Showcasing the impact of debt in poor countries and a proposal for fair and green recovery financing
Notes from the Civil Society Policy Forum session on 29 March.
Finance
News
IMF debt sustainability review lacking in ambition and transparency
New methodology fails to meet long-standing civil society calls to put needs of people before debt service.
Featured briefings
19 July 2023
The Bretton Woods Observer: Summer 2023
3 July 2023
Civil Society calls for rethink of World Bank’s ‘evolution roadmap’ as part of wider reforms to highly unequal global financial architecture
Joint civil society briefing paper highlights concerns with the World Bank’s Evolution Roadmap, and provides a series of recommendations for a Roadmap that prioritises people, participation and the planet over profit and economic growth.
6 April 2023