International

Environment

News

World Bank makes developing countries wait on Loss and Damage Fund demands

Bank may not respond to asks until June, at the earliest, raising questions about timeline for fund’s operationalisation.

9 April 2024

Social services

News

The World Bank's water privatisation agenda neglects fundamental human rights

World Bank's water privatisation agenda directly clashes with its poverty alleviation goals, disregarding water as a basic human right.

9 April 2024

Environment

Analysis

Gambling with the planet’s future? World Bank Development Policy Finance, ‘green’ conditionality, and the push for a private-led energy transition

BWP's review of energy sector conditionality in World Bank Development Policy Financing from fiscal years 2018 to 2023 reveals the Bank has followed a pattern of promoting neoliberal reforms in many countries' energy sectors, with climate action increasingly being viewed as the rationale for these changes.

9 April 2024 | Reports

Private Sector

Analysis

Financialisation, human rights and the Bretton Woods Institutions: An introduction for civil society organisations

New BWP's report examines the role of the BWIs in driving financialisation in the Global South and perpetuating neocolonial global imbalances of wealth and power, paying particular attention to its gendered consequences.

4 April 2024 | Reports

IFI governance

News

Civil society calls for an end to the 'gentleman's agreement' and a merit-based, open and transparent MD selection process

Civil society calls for the IMF to ensure the next MD selection process is undertaken in accordance with a merit-based, open and transparent process, underpinned by criteria involving a demonstrated commitment to international human rights, feminist principles, green and equitable development, as well as  publicly available shareholder votes.

26 March 2024 | Letters

Knowledge

Background

Bretton Woods Project Annual Report 2023

In 2023, BWP continued its work as a watchdog of the World Bank and the IMF, supporting and amplifying the voices of critical civil society groups to capitalise on calls for substantive change, with a focus on four advocacy areas: Gender equality and macroeconomics, the environment, governance reform and accountability, and financialisation and human rights.

21 February 2024 | Annual report (BWP)
Pile of books from the Tibet Green Library. Credit: Bart Heird

Knowledge

Background

Recommended Resources on the World Bank and the IMF 2023

As every year, BWP published its collection of reports, briefings, CSO letters and other resources with a critical angle published in the past year on the World Bank and the IMF.

19 February 2024

Gender

Background

(CLOSED) Gender Equality and Macroeconomics (GEM) Project Lead

BWP is seeking a Gender Equality and Macroeconomics (GEM) Project Lead to manage BWP’s ongoing GEM Project and lead BWP’s work on gender equality and women’s rights.

11 January 2024 | Recruitment

IFI governance

News

Civil society calls for a meaningful Quota Reform that accurately reflects the changes in the global economy to ensure a fair representation of all member countries

Civil society calls upon the IMF to implement a meaningful quota reform by June 2025 and prioritise realignment of shares to reflect more accurately the changes in the global economy and address representation issues

18 December 2023 | Letters

Accountability

Analysis

A proposal for Ajay: No evolution without remedy

While World Bank President declares the benefits of a “bigger and better” Bank, the scandal of alleged child sexual abuse and cover up relating to IFC investments in Bridge Academies demonstrates the urgent need for the Bank to establish a robust remedy framework.

13 December 2023
Suralaya Power Station, Indonesia. Credit: Melvinas Priananda, Trend Asia.

Environment

Analysis

Coal not yet confined to the “old days” by World Bank Group

Despite the World Bank’s commitment to move away from funding coal, a series of loopholes in its financial intermediary lending remain that will continue to allow finance to support coal power projects.

13 December 2023 | At Issue

Finance

Analysis

Decolonising the global economic architecture: The prerequisite for a just transition

Global South faces severe structural deficiencies that weaken its economic sovereignty and put it at the mercy of a neo-colonial global financial architecture.

13 December 2023