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East Asia & Pacific

Infrastructure

Analysis

World Bank announces support for CCUS in Nigeria despite criticisms it reinforces fossil fuel dependence

World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.

6 April 2022

IFI governance

Analysis

Annual Meetings Wrap-up: despite urgent climate and development needs, geopolitics and deference to private finance rule the day

Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.

19 October 2021

IFI governance

Analysis

Annual Meetings 2021 Preamble: IMF and World Bank face existential questions in midst of global health and climate crises

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.

7 October 2021

Environment

Analysis

World Bank’s plans for Indonesia: Delayed action on climate and continued coal and gas support

Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.

29 September 2021 | At Issue

Gender

Analysis

Latest IMF gender research: Making the economy work for women, or women work for the economy?

IMF gender research direction shifts away from macroeconomic drivers of gender inequality.

13 July 2021

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.

13 April 2021

Finance

Analysis

G20 debt proposal continues to favour creditors

New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.

14 December 2020

IFI governance

Analysis

Annual Meetings 2020 Wrap Up: Bank and Fund struggle to implement sustainable recovery as private sector dashes hopes of debt relief progress

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.

21 October 2020
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Other news

Rights

News

Report implicates IFC investments in human rights abuses of Uyghur and other minorities in China

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.

6 April 2022

Social services

News

Global Day of Action against the IMF and World Bank rejects corporate recovery agenda

Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.

9 December 2021

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.

4 October 2021 | Minutes

Environment

Background

Why climate transition risks are macro-critical: The IMF and enabling a green recovery

Notes from the virtual Civil Society Policy Forum event on 30 March.

30 March 2021 | Minutes

IFI governance

Background

An economic future for whom? The Cascade/MFD and recovery

Notes from the virtual Spring 2021 Civil Society Policy Forum on 25 March 2021.

25 March 2021 | Minutes

Rights

News

Myanmar civil society calls for solidarity from international financial institutions

Civil society letter condemns World Bank statements as ‘weak’.

23 March 2021

Knowledge

News

Doing Business Report to be published after temporary suspension over data irregularities

World Bank plans to publish latest DBR in March and undertake an external review of the report’s methodology.

23 March 2021

Finance

News

World Bank in talks over early IDA replenishment this year

Civil society calls for policy package to meet Covid-19 ‘just recovery’ needs.

23 March 2021
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