US conservative blueprint for second Trump term calls for US to withdraw from World Bank and IMF, amid continued geopolitical tensions and unresolved debt crisis in Global South.
Germany
Accountability
News
UDHR and IPN anniversaries underscore urgent need for Human Rights policy at all IFIs
World Bank and IMF shareholders must use the anniversaries of the Inspection Panel and the Universal Declaration of Human Rights respectively to demand both establish human rights policies and meet their international obligation to provide remedy
Accountability
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
One man, one vote, one option: World Bank set to coronate Kim for second term
The World Bank is set to reappoint president Jim Yong Kim for another five year term, despite persistent concerns from Bank staff and renewed calls for a merit-based process based on principles of transparency and diversity.
Finance
News
Third time a charm? Fund pressured into possible return to Greece
As Eurozone countries agree a new loan package to Greece, the IMF has conceded to ‘major concessions’ instead of up front debt relief and may participate in a new programme despite its insistence that the Fund's involvement in future programmes is dependent on ‘significant debt relief’.
Conditionality
Analysis
The IMF and Gender Equality: A Critical Analysis
The Bretton Woods Project has published a briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
Rights
News
World Bank safeguards review: “human rights-free zone”
A UN special rapporteur, CSOs and donor countries have critiqued the lack of human rights in the World Bank's draft new environmental and social framework, as the consultation process has continued to be fraught with difficulty.
Environment
Analysis
Climate Investment Funds Monitor 12
New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs committee meetings.
Other news
Infrastructure
News
New deal allows for ICSID claims on fossil fuel investments until 2033
Loophole in renegotiated Energy Charter Treaty could see companies sue countries for losses related to fossil fuel projects until 2033.
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
Rights
Background
The Syrian migration crisis
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.
Finance
News
UN backs sovereign debt mechanism
UN votes to adopt developing countries’ resolution on a legal framework for debt resolution, independent of creditors, including the IMF.
IFI governance
Background
CSO roundtable with World Bank Group executive directors
Sponsor: World Bank Group Panelists: Merza Hassan (Executive Director for Kuwait, and Dean of the…
IFI governance
Background
Meeting president Kim’s pledge of “no dilution” for safeguards
Minutes of a civil society meeting on upward harmonisation of World Bank safeguards during the World Bank/IMF annual meetings 2013.
IFI governance
Background
World Bank executive directors roundtable with CSOs
Tuesday 8 October 2013 Panelists: • Merza Hassan (WB Executive Director for Kuwait and Dean…
Finance
News
Financial transactions tax: IMF at odds with Europe
The IMF has put itself out of step with Europe on the issue of financial transaction taxes.