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Western Europe

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

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.

3 October 2019
Illustration Observer Summer 2019

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.

30 July 2019
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Other news

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

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

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

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

27 July 2018

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

24 July 2018

IFI governance

Background

UK civil society meeting with UK World Bank Executive Director Melanie Robinson

Notes of a meeting with UK World Bank Executive Director Melanie Robinson on 19 March 2018.

14 May 2018 | Minutes
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