War in Ukraine will have significant spillover effects as Global South continues to carry the burden of vaccine inequity. Debt, austerity and evolving food crisis key talking points of Meetings while unequal recovery, gender, RST and surcharges key issues at CSPF.
RST must support low- and vulnerable middle-income countries to recover from the pandemic and tackle economic and climate-related structural challenges.
World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.
Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.
G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.
This briefing argues that the Bank’s current framework for analysing the impacts of its macroeconomic policy advice on gender equality are insufficient.
Civil society and academics call for scrapping of Private Sector Window in IDA20 and the reallocation of resources to support public sector responses to the pandemic.
Notes from the 11 April Civil Society Policy Forum - The IMF’s Resilience and Sustainability Trust: Can an IMF-managed SDRs trust deliver inclusive & sustainable recoveries?
Notes from Civil Society Policy Forum event on 8 April 2022 titled 'Did Pandemic Spending Go towards a Feminist People’s Recovery in Africa and Latin America?'
The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.
Alex Mould says guarantee included commitment to sign four ‘take or pay’ contracts with independent power producers.
Notes from the Civil Society Policy Forum session on 7 October on IDA20's replenishment implications with a focus on Africa.
World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines
World Bank’s backed energy reforms in Nigeria set to raise electricity prices further despite amid Covid-19 pandemic.
World Bank procurement mechanism faces questions over community engagement