The Bretton Woods Project has published a briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
Middle East & North Africa
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.
Environment
Analysis
Pilot Program for Climate Resilience (PPCR)
The Pilot Program for Climate Resilience (PPCR) has called for urgent donations to be able to finance projects pending approval. The CIF strategic directions paper proposed for a new private sector window to be set up. Concerns were raised about community consultations in Samoa and around resettlement risks related to a Haiti project.
Environment
Analysis
Forest Investment Program (FIP)
The rationale for adding new pilot countries to the Forest Investment Program (FIP) given funding constraints has been questioned, as well as the focus on providing loans rather than grants. The CIF strategic directions paper noted challenges for the FIP, and proposed a new private sector window. Questions were raised about the consultation of ethnic minorities in relation to a Laos project.
Environment
Analysis
Scaling Up Renewable Energy Program (SREP)
Concerns continues over slow progress in implementing the Scaling up Renewable Energy Program in Low Income Countries (SREP) investments plans and lack of funding for new pilot countries, as well as constraints on grant resources. The CIF strategic directions paper proposed an enhanced private sector programme for energy access. Questions on consideration of indigenous peoples were raised in relation to Liberia and Tanzania projects.
Rights
Background
The Syrian migration crisis
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.
Conditionality
Background
IMF and World Bank’s Influence on Economic Policy Making in Developing Countries
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings, evaluating how well the World Bank and IMF have done on respecting the country ownership principle ten years after its international acceptance.
Conditionality
News
World Bank and IMF prepare Tunisia loan programmes
As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.
Rights
News
UN independent expert: "IMF programmes worsen income distribution"
A report by the UN independent expert on foreign debt, exploring inequality, financial crises and human rights, claims that IMF programmes are associated with a worsening of income distribution.
IFI governance
Background
Recommended resources on the World Bank and IMF 2015
The best books and papers on the World Bank and IMF from 2015.
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.