Urgent BWIs reforms remain hostage to lack of political will in Global North as the G20 failed to deliver on important issues within a fragmented geopolitical situation.
Sub-Saharan Africa
IFI governance
Background
Beyond size in IDA21 replenishment: What about socio-economic transformation?
Notes from Civil Society Policy Forum panel 19 April titled, "Beyond size in IDA21 replenishment: What about soci0-economic transformation?"
IFI governance
Background
Agriculture, financialization, and gender: Exploring the World Bank’s response to interlinked phenomena
Notes from the Civil Society Policy Forum on 17 April 2024 titled "Agriculture, financialization, and gender: Exploring the World Bank’s response to interlinked phenomena"
IFI governance
Background
The future of Special Drawing Rights as a development finance tool: What's next?
Notes from the Civil Society Policy Forum session on 17 April 2024, titled "The Future of Special Drawing Rights as a Development Finance Tool: What's Next?"
IFI governance
Analysis
IDA21: Moving beyond a focus on ‘historic’ replenishment
Calls for a ‘historic’ IDA21 replenishment risk diverting attention from the policy framework necessary for IDA to support countries to break their dependence on development finance and undertake the ecologically sustainable and just economic transformation long sought by their populations.
Land
News
World Bank land tenure approach contributes to displacement and food insecurity
The World Bank’s efforts to increase security of land tenure have largely amounted to a ‘formalisation’ of land property rights, which reinforce land inequalities and the disenfranchisement of rural peoples.
Rights
News
World Bank project fails to protect Tanzanian pastoralists from serious human rights abuses
New report by Oakland Institute shows World Bank failing to uphold human rights standards resulting in violent assaults and evictions of Tanzanian pastoralists.
Environment
News
Civil society raises concerns about Resilience and Sustainability Trust’s green conditionality as Fund conducts interim review
CSOs and experts question the suitability of ‘green' policy conditions attached to RST loans.
Environment
Analysis
Gambling with the planet’s future? World Bank Development Policy Finance, ‘green’ conditionality, and the push for a private-led energy transition
BWP's review of energy sector conditionality in World Bank Development Policy Financing from fiscal years 2018 to 2023 reveals the Bank has followed a pattern of promoting neoliberal reforms in many countries' energy sectors, with climate action increasingly being viewed as the rationale for these changes.
Accountability
Analysis
A proposal for Ajay: No evolution without remedy
While World Bank President declares the benefits of a “bigger and better” Bank, the scandal of alleged child sexual abuse and cover up relating to IFC investments in Bridge Academies demonstrates the urgent need for the Bank to establish a robust remedy framework.
Finance
Analysis
Decolonising the global economic architecture: The prerequisite for a just transition
Global South faces severe structural deficiencies that weaken its economic sovereignty and put it at the mercy of a neo-colonial global financial architecture.
Finance
News
New data show Global South is in worst debt crisis ever, with another lost decade looming
Civil society alliances call to prioritise sustainability of life over debt, while IMF continues to insist situation is not "systemic", in contrast to what the UN Secretary General has called a "systemic failure".
