One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
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Morocco
Private Sector
Analysis
How the Bank’s push for microcredit failed the poor
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.
Rights
News
IMF and World Bank labour policies criticised by UN expert
The UN expert on foreign debt has published a report critical of IMF and World Bank policies related to labour rights, claiming that the evidence does not support their pproach.
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
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.
Conditionality
Analysis
Infographic: IMF Policy in the MENA Region
The more things change the more they stay the same... Infographic illustrates findings of new report on IMF Policy in the MENA Region.
Other news
IFI governance
News
World Bank and IMF delay Morocco’s hosting of Annual Meetings until October 2022
Marrakesh was due to host 2021 meetings prior to announcement.
Conditionality
News
New BWP report on the IMF in MENA region
BWP report finds few signs of IMF policy-change in the MENA region post 2011.
Finance
Background
Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation
Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.
Social services
News
World Bank: education is a "private good"
A World Bank blog about the benefits of private schooling has been contravened by a UN committee and heavily criticised by civil society
Conditionality
Background
IMF recommendations to Arab countries in transition: Challenges & prospects
Sponsors: Arab NGO Network for Development (ANND); Bretton Woods Project; Middle East Task Force of…
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.
IFI governance
Background
Subsidy reform in Arab countries: Reflection on IMF recommendations
New America Foundation civil society event on subsidy reform in Arab countries, held in the civil society forum of the 2013 IMF/World Bank annual meetings
Social services
Background
Is the World Bank serious about engaging CSOs and communities
Minutes from a civil society event on civil society consultations in the health sector at the WB/IMF annual meetings.
