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Jamaica

Environment

News

Jamaica’s World Bank-brokered catastrophe bond fails to pay despite devastation of Hurricane Beryl

Bond's 'parametric criteria' were not triggered by powerful storm, despite the entire island being declared a disaster zone.

16 October 2024

Environment

News

Resilience and Sustainability Trust’s first loans promote climate PPPs, raising concerns they may create fiscal risks

Initial financing for Costa Rica, Barbados, Rwanda, Bangladesh and Jamaica tied to efforts to ‘green’ PPP frameworks.

5 April 2023

IFI governance

News

Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts

Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.

9 December 2021

Finance

Analysis

Learning lessons from the Covid-19 pandemic: The World Bank’s macroeconomic policies and women’s rights

This briefing argues that the Bank’s current framework for analysing the impacts of its macroeconomic policy advice on gender equality are insufficient.

29 September 2021 | Briefings

Infrastructure

News

World Bank technical assistance and policy lending lead to Jamaica gas lock-in

Bank support facilitated $1 billion in private investment in LNG on the island, despite the green credentials of natural gas being widely debunked.

23 March 2021

Environment

Analysis

Climate Investment Funds Monitor 14

New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

30 November 2016

Environment

Analysis

Climate Investment Funds Monitor 13

New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

13 June 2016

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

The Pilot Program for Climate Resilience (PPCR) has expanded with ten countries despite a lack of funds. The US questioned the approval of a Bolivia project and resettlement issues were raised on two Cambodia projects.

4 November 2015
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Other news

Conditionality

News

IMF to play "grand endorser" in Jamaica?

Jamaica is close to agreeing a new IMF programme despite a recent record of disputes.

13 February 2013

Accountability

Background

IMF consultation meeting on engagement with civil society: review and way forward

This session sought to gather CSO views, suggestions, and concerns on how to improve the current guidelines, including IMF consultation processes on policies, strategies, and Article. IV consultations

12 October 2012 | Minutes

Conditionality

News

IMF and debt hold Jamaica back

A report published in May by the US-based Center for Economic and Policy Research (CEPR) found that an overwhelming debt burden and conditions on IMF loans are hindering Jamaica's economic recovery.

3 July 2012

Conditionality

News

Jamaica: IMF halts school construction

Newspaper Jamaica Gleaner reported in early September that the country’s IMF programme has slowed the building of new schools.

30 September 2010
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