New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
Western Europe
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.
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.
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.
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.
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
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.
IFI governance
Analysis
The Bretton Woods Institutions and the second crisis of multilateralism
At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.
IFI governance
News
Quota reform impasse likely as IMF faces legitimacy crisis
Latest Review of Quotas expected to be quashed, as US signals it will block reform.
