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South Asia

The World Bank's interactive new Corporate Scorecard on display at the 2024 World Bank and IMF Annual Meetings in Washington DC. Credit: Paul Blake/ World Bank.

Accountability

Analysis

Missing in action: accountability is noticeably absent from the World Bank Group’s new Corporate Scorecard

The Corporate Scorecard’s accountability gap is symptomatic of a broader failure on the part of the WBG to fully internalise, integrate and learn from the work of its accountability mechanisms.

12 December 2024 | At Issue

IFI governance

Analysis

G20 communiqué analysis Annual Meetings 2024: progress on tax and inequality obscures Group's wider failures

At the 25th anniversary of the Group’s Finance Track, the G20 communiqué’s robust language on the taxation of billionaires, including encouraging “constructive discussions” about the UN Tax Conference was contrasted by much more cautious language on MDB reform, climate finance, debt and Special Drawing Rights.

29 October 2024

IFI governance

Analysis

V20 communiqué analysis Annual Meetings 2024: climate vulnerable countries once again demand key changes to IMF’s approach, as world risks breaching climate tipping points

V20 members offered a searing indictment of rich countries’ failure to act on BWIs governance, debt relief, climate finance and SDRs.

29 October 2024
Civil society member holding a sign: Stop IMF Surcharges

Finance

Analysis

No false solutions: IMF surcharges must go

The IMF’s surcharges review presents a golden opportunity to eliminate these harmful and counterproductive fees.

3 July 2024 | Guest analysis

Finance

News

Pakistan’s debt crisis fuelled by more IMF loans

Pakistan on track to receive its 24th loan from the IMF after the lender disbursed the last tranche of the country’s latest $3 billion programme.

3 July 2024

Private Sector

Background

What is the International Finance Corporation (IFC)?

This Inside the Institutions explores the International Finance Corporation (IFC), the World Bank Group’s private sector arm. It examines the function of the IFC as a development institution focused solely on private sector solutions to development and considers civil society critiques.

3 July 2024 | Inside the institutions

IFI governance

Analysis

V20 communiqué analysis Spring Meetings 2024: Climate vulnerable countries issue call to action, as net-negative flows result in ‘millions in, billions out’ amid growing debt burdens

V20 members are expected to pay $904.7 billion in debt service between 2022-2030, as debt, lack of financing and low projected growth hampers prospects for green economic transformation.

24 April 2024

Finance

News

Sri Lanka’s continued debt crisis highlights urgent need for wider reform

Sri Lanka’s inability to avoid its 17th IMF programme, and its catastrophic human rights consequences, adds to evidence of IMF and international system's failure to adequately respond to the worsening debt crisis and urgent need for debt cancellation and systemic reform.

9 April 2024
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Other news

IFI governance

Background

The polycrisis: How unchecked public debt fuels corruption and bad governance

Notes from the Civil Society Policy Forum on 18 April titled "The polycrisis: How unchecked public debt fuels corruption and bad governance."

18 April 2024 | Minutes

IFI governance

Background

When exits and accountability collide: What happens when IFC exits projects mid-accountability process?

Notes from Civil Society Policy Forum on Thursday, 18 April titled, "When exits & accountability collide: What happens when IFC exits projects mid-accountability process?"

18 April 2024 | Minutes

Social services

News

Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favour of ineffective targeting schemes

Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favor of ineffective targeting schemes.

4 October 2023

Private Sector

News

B-Ready for more ill-founded private-sector solutions

The World Bank released a concept note of Doing Business report replacement, B-Ready project, ignoring civil society demands of an independent evaluation.

19 July 2023

IFI governance

Background

IMF strategy on social spending: New direction or band-aid?

Notes from Civil Society Policy From event from April 12 2023, titled "IMF strategy on social spending: New direction or Band-Aid?"

12 April 2023 | Minutes

IFI governance

Background

Coup d'états and political instability: The roles of national, regional, and international actors

Notes from a Civil Society Policy Forum on 12 October titled: "Coup d'états and political instability: The roles of national, regional, and international actors."

12 October 2022 | Minutes

Infrastructure

News

MIGA’s support for gas projects raises concerns about its climate credentials

World Bank’s commercial insurance arm provided nearly $850 million in guarantees for gas projects in Bangladesh and Mozambique in fiscal year 2022.

5 April 2023

IFI governance

Background

Green and just? Climate in IMF surveillance & lending – evidence from Pakistan, Argentina, South Africa, Indonesia

Notes from a Civil Society Policy Forum on 11 October titled, "Green and just? Climate in IMF surveillance & lending – evidence from Pakistan, Argentina, South Africa, Indonesia."

11 October 2022 | Minutes
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