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Western Europe

IFI governance

Analysis

Annual Meetings Wrap-up: despite urgent climate and development needs, geopolitics and deference to private finance rule the day

Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.

19 October 2021

IFI governance

Analysis

Annual Meetings 2021 Preamble: IMF and World Bank face existential questions in midst of global health and climate crises

Doing Business scandal, likely conditions attached to SDR rechannelling and lack of Bank and Fund support for an intellectual property waiver for vaccines highlight links between undemocratic governance structures at Bank and Fund and the uneven recovery from the pandemic.

7 October 2021

Finance

News

IMF debt sustainability review lacking in ambition and transparency

New methodology fails to meet long-standing civil society calls to put needs of people before debt service.

23 March 2021

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.

14 December 2020

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.

6 October 2020 | Guest comment
Civil society groups call for the World Bank to stop financing fossil fuels outside its 2019 Annual Meetings in October

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.

12 December 2019
The IMF's managing director Kristalina Georgieva, among others, at a seminar entitled, 'Can Central Banks Fight Climate Change' during the 2019 IMF Annual Meetings.

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.

12 December 2019

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.

3 October 2019 | Guest comment
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Other news

IFI governance

Background

IMF surcharges: A necessary tool or counter-productive obstacle to a just and green recovery?

Notes from the Civil Society Policy Forum session on 6 October on the governance and resourcing implications of IMF's surcharges.

6 October 2021 | Minutes

IFI governance

Background

Making the Most of Special Drawing Rights: Approaches to maximise impact and create a sustainable and just recovery

Notes from the Civil Society Policy Forum session on 4 October on the ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights.

4 October 2021 | Minutes

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

13 July 2021

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.

1 November 2019 | Minutes

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.

26 March 2021 | Minutes

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.

1 October 2020

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’.

3 October 2019

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.

28 August 2018 | Minutes
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