New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
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East Asia & Pacific
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.
IFI governance
Analysis
G20 communiqué analysis – Annual Meetings 2020
Analysis of the G20 communiqué published on 14 October from the 2020 World Bank and IMF virtual Annual Meetings.
IFI governance
Analysis
Spring Meetings 2020 wrap-up: Will this change everything? Apparently not…
Analysis of this year's World Bank and IMF Spring Meetings: With international response to Covid-19 mired in geopolitical manoeuverings and resistance to systemic change, calls for alternatives grow.
IFI governance
Analysis
G24 communiqué analysis – Spring Meetings 2020
Analysis of the G24 communiqué released on 14 April.
Private Sector
News
Myanmar deemed rising Doing Business star, but at what cost?
World Bank praises Myanmar for improvement in Doing Business ranking, ignoring the implications of proposed reforms on country’s complex conflict dynamics.
IFI governance
Commentary
Tout change et rien change pas: Global power and IMF leadership
The present IMF leadership 'contest' makes a mockery of the institution's multilateral character and further diminishes its legitimacy.
Environment
News
Links between Amazon deforestation and World Bank exposed
IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.
Other news
Environment
News
IFC’s first Green Equity Approach client backs Indonesian coal plant expansion
CSOs call for IFC to close remaining loopholes in Green Equity Approach, after equity client chosen to pilot the initiative makes investment in coal plant expansion in Indonesia.
Social services
Background
World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19
Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.
Environment
Background
World Bank Group Paris Alignment: Governance & private sector participation in the energy sector
Notes from a Civil Society Policy Forum event on 16 October.
Infrastructure
Background
Sustainable Infrastructure: Aligning with Rights and the SDGs
Notes from the Civil Society Policy Forum event on 10 April, which looked at sustainable infrastructure from fiscal, rights and climate lenses.
Rights
News
World Bank China project raises 'crimes against humanity' concerns
Bank responds to allegations with investigation into whether its China lending could be going to internment camps.
Finance
Background
Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation
Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.
Finance
News
Pakistan requests 13th IMF loan, amid US-China tensions
As Pakistan requests an IMF loan amid concerns about its debt sustainability, the IMF response is caught up in China-US tensions.
Environment
News
As Green Climate Fund and World Bank sign framework agreement, concerns about Bank's role linger
Bank and GCF finalise framework agreement, meaning nine co-financed projects can go forward.
