New methodology fails to meet long-standing civil society calls to put needs of people before debt service.
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Western Europe
Finance
Analysis
G20 debt proposal continues to favour creditors
New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
Conditionality
Commentary
An IMF bailout for Lebanon can make things worse
Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.
Environment
News
EIB rules out most fossil fuel funding from 2021, setting new benchmark for MDBs
New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.
Environment
News
IMF joins discussion on greening financial sector, as climate risks threaten macro-stability
Fund and central banks increasingly pondering macroeconomic policies to tackle climate risks.
IFI governance
Commentary
Tout change et rien change pas: Global power and IMF leadership
The present IMF leadership 'contest' makes a mockery of the institution's multilateral character and further diminishes its legitimacy.
IFI governance
News
Board decision could signal “vote of no confidence” in Inspection Panel
CSO fear World Bank board will compromise, undermining Inspection Panel powers.
IFI governance
Analysis
Here we go again: Surprise IMF leadership change litmus test for its legitimacy
Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.
Other news
Environment
News
Dutch government sued at World Bank tribunal for fossil fuel phase out plan
ICSID suit against Dutch government’s fossil phase out highlights threat to climate action posed by investor-to-state dispute settlement mechanisms
Social services
Background
Leveraging Private Sector Engagement in Health: Maximizing or Obstructing Progress towards Universal Health Coverage?
Notes from CSPF on 18 October on the growing trend of directing public finance to support business in healthcare.
Social services
Background
The role of the World Bank in ensuring universal and equitable COVID-19 vaccines for all
Notes from the virtual Civil Society Policy Forum event on March 26.
Gender
Background
Building a feminist recovery for all: Gender transformative policies are more urgent than ever
Notes from the Civil Society Policy Forum session on 1 October.
Infrastructure
News
EIB's draft energy plan proposes ending finance for fossil fuels after 2020
Move comes after concerted civil society campaign calling for ‘fossil-free EIB’.
IFI governance
Background
UK civil society meeting with UK World Bank Executive Director Melanie Robinson
Notes from a meeting with the UK World Bank Executive Director on 6 July 2018.
IFI governance
News
World Bank general capital increase to be formalised in October
World Bank board to formalise contentious general capital increase at October Annual Meetings
Environment
News
Development banks pump more money into Southern Gas Corridor, despite fresh concerns
EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project
