World Bank and IMF shareholders must use the anniversaries of the Inspection Panel and the Universal Declaration of Human Rights respectively to demand both establish human rights policies and meet their international obligation to provide remedy
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International
IFI governance
Analysis
Civil society calls for World Bank to reroute ‘Evolution Roadmap’ away from Cascade
Civil society questions the proposed expansion of the Cascade approach, which has failed to deliver the ‘trillions’ promised.
Finance
Analysis
UN Financing for Development: The best chance to democratise global economic governance?
As Bretton Woods Institutions fail to deliver transformative, systematic reform of deeply unequal global architecture, countries should embrace a more democratic space: the United Nations Financing for Development process
Environment
News
As World Bank launches Paris alignment approach, unclear guidelines raise greenwashing concerns
Bank’s approach relies on countries' national climate plans, which are not currently collectively aligned with 1.5°C temperature goal.
Finance
Analysis
World Bank Group Evolution: Technical fixes or urgently needed reform?
World Bank Evolution Roadmap’s proposed superficial technical patches favouring the ‘logic’ of the market will likely fail to deliver the structural changes needed to support borrowing countries amidst global crises.
Gender
News
Gender progress at risk as new World Bank president enters pushing private-sector focus
New report by ActionAid UK highlights critical importance of public services that are gender responsive, while new Bank President Ajay Banaga’s private sector push signals concern for gender equality.
Land
News
Honduras threatens ICSID withdrawal over $11 billion ‘neo-colonial’ special economic zone claim
Compensation claim before WorldBank’s ICSID raises questions about the value of special economic zones and fairness of ISDS mechanisms for Global South states.
IFI governance
News
Banga's arrival raises concerns about deepening of World Bank's private sector bias
Banga takes office as civil society urges him to invert the Cascade and ensure the Bank’s development model is fit for purpose.
Other news
Finance
News
African finance ministers join growing calls for more equitable SDR allocations
New calls for SDR reform reveal acute need of financing for low- and middle-income countries to achieve the Sustainable Development Goals.
IFI governance
News
Marrakech CSO working group launches statement ahead of 2023 Annual Meetings
Marrakech working group calls on the BWIs to cancel the debt, stop imposing austerity and ensure a just energy transition.
Private Sector
News
B-Ready for more ill-founded private-sector solutions
The World Bank released a concept note of Doing Business report replacement, B-Ready project, ignoring civil society demands of an independent evaluation.
IFI governance
Background
IFI reform, Bridgetown & climate finance: Critical civil society perspectives
Notes from Civil Society Policy Forum panel on 12 April titled "IFI reform, Bridgetown & climate finance: Critical civil society perspectives."
IFI governance
Background
Time to get Macro? Gendered effects of World Bank macroeconomic policy amidst IFI reform
Notes from the CSPF panel "Time to get Macro? Gendered effects of World Bank macroeconomic policy amidst IFI reform" on Friday the 14th of April 2023.
IFI governance
Background
IMF strategy on social spending: New direction or band-aid?
Notes from Civil Society Policy From event from April 12 2023, titled "IMF strategy on social spending: New direction or Band-Aid?"
IFI governance
Background
Protecting biodiversity in a biodiversity crisis
Notes from the CSPF on 12 April titled "Protecting biodiversity in a biodiversity crisis."
IFI governance
Background
Why Paris Alignment must be part of the Evolution Roadmap and what this should look like
Notes from the CSPF on 12 April titled "Why Paris Alignment must be part of the Evolution Roadmap and what this should look like."
Featured briefings
19 July 2023
The Bretton Woods Observer: Summer 2023
3 July 2023
Civil Society calls for rethink of World Bank’s ‘evolution roadmap’ as part of wider reforms to highly unequal global financial architecture
Joint civil society briefing paper highlights concerns with the World Bank’s Evolution Roadmap, and provides a series of recommendations for a Roadmap that prioritises people, participation and the planet over profit and economic growth.
6 April 2023