IMF’s new gender mainstreaming strategy makes effort to include civil society demands but falls short of transformative vision as austerity remains Fund’s raison-d’état.
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Mexico
Finance
News
Time for action: How can IMF help countries use their SDRs for crisis recovery?
If the Special Drawing Rights allocation is to benefit the poorest and most vulnerable, decision makers must use SDRs to respond to the pandemic and its economic consequences.
Finance
Analysis
The World Bank and the globalisation of housing finance
In prioritising capital market expansion, the needs of the lowest income groups are not being effectively addressed through World Bank interventions.
Environment
Analysis
Clean Technology Fund (CTF)
A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.
Environment
Analysis
Forest Investment Program (FIP)
Challenges in measuring progress were noted for the Forest Investment Program (FIP), in particular greenhouse gas accounting. Investment plans for Mozambique and Ivory Coast have been approved. Questions were raised over the reasoning for a commercial teak plantation project in Ghana.
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.
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.
Environment
Analysis
Clean Technology Fund (CTF)
The upcoming Clean Technology Fund (CTF) resource shortfall continues to raise concerns. A proposal for “CTF 2.0” will be discussed, including two proposed modalities: CTF Green Markets and the Risk Mitigation Facility. Concerns were raised over safeguards for a geothermal energy project in Indonesia.
Other news
Conditionality
Background
Causes and consequences of income inequality: A global perspective
Notes from a meeting on income inequality during the World Bank spring meetings.
Private Sector
News
Civil society letter re: the IFC and lessons learned
A letter from civil society in response to the IFC's lesson learned briefing
IFI governance
News
IMF facilities review exposes image problem
The IMF facilities review reveals a lack of demand for post 2008 financial crisis lending instruments.
Accountability
News
Mexican NGOs demand transparency
In November Mexican civil society networks greeted incoming president, Vincente Fox, with a letter calling for greater transparency and accountability in the country’s decision making processes.
Land
News
Mexico project reveals Bank planning, supervision failings
A detailed paper by Trasparencia traces the history and execution of the Mexican Rainfed Areas Development Project.
