Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
Eastern Europe & Central Asia
New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.
Critical gender analysis of Bank's Development Policy Financing.
Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.
International Finance Corporation announced new ‘green equity’ policy to encourage financial intermediaries to divest from coal, while Bank pulled plug on mooted Kosovo coal project.
One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
Alarm bells ringing as Ukraine struggles to meet IMF conditionality on fuel prices and anti-corruption approach criticised
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
Bank and Fund-backed land bill passed in dead of night during lockdown favouring private investors and Western agribusiness.
Ukraine passes contentious draft land reform law under pressure from World Bank, IMF and EBRD.
Notes from a Civil Society Policy Forum event on 16 October.
This Civil Society Policy Forum Session was co-sponsored by the National LGBT Chamber of Commerce,…
Move comes after concerted civil society campaign calling for ‘fossil-free EIB’.
Bank commissions energy options study, which will explore alternate electricity sources.
A June petition signed by more than 120,000 people called on IFIs, “to immediately stop funding for projects that are located in protected areas.”
EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project