World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.
East Asia & Pacific
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.
Doing Business scandal, likely conditions attached to SDR rechannelling and lack of Bank and Fund support for an intellectual property waiver for vaccines highlight links between undemocratic governance structures at Bank and Fund and the uneven recovery from the pandemic.
Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.
IMF gender research direction shifts away from macroeconomic drivers of gender inequality.
Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.
New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
The rising power of the private sector has undermined debt justice and much-needed pandemic response capacity, while IFIs' calls for sustainable recovery at the Annual Meetings fall flat.
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.
Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 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.
Notes from the virtual Civil Society Policy Forum event on 30 March.
Notes from the virtual Spring 2021 Civil Society Policy Forum on 25 March 2021.
Civil society letter condemns World Bank statements as ‘weak’.
World Bank plans to publish latest DBR in March and undertake an external review of the report’s methodology.
Civil society calls for policy package to meet Covid-19 ‘just recovery’ needs.