The IFC is the only DFI that has committed to creating a remedy framework. The basic requirements of a rights-based remedy framework are already known.

The IFC is the only DFI that has committed to creating a remedy framework. The basic requirements of a rights-based remedy framework are already known.
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
Independent Evaluation Group report highlighted private sector education provision can exacerbate inequality and undermine the public sector school system.
World Bank’s IFC $200 loan for large-scale agricultural production in Brazil disregards serious human rights and environmental concerns, despite calls by 200 civil society organisations globally
Civil society rejects new Agreement arguing IMF loan will be used to pay odious debt and result in reforms damaging to human rights.
Mixed reactions on new World Bank Accountability Mechanism as civil society welcomes incorporation of dispute resolution function but is concerned about possible erosion of Inspection Panel independence.
New CSO research alleges that IFC investments have contributed to forced displacement and labour, detention, and other human rights violations of Uyghurs and other minorities in Xinjiang, China.
Letter from World Bank Disabled Support Group to UN Human Rights Council and UN Special Rapporteur on Disability Rights
Private sector first approach intact in IDA20 replenishment despite CSO recommendations.
As the world struggles with divergent recovery paths from the pandemic, the IMF and World Bank once again failed to take the decisive action required during the Spring Meetings.