As geopolitical tensions rise amidst worsening global economic conditions, civil society demands the democratisation of a world economic order away from the established Global North and elite capitalist hegemony.
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United Kingdom
Environment
News
World Bank accused of being ‘ongoing underperformer’ at COP26, as key Bank shareholders commit to fossil-fuel finance phaseout
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
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.
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.
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
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.
Background
Isabel Alvarez and Ella Hopkins join the Bretton Woods Project
Isabel Alvarez and Ella Hopkins join the Bretton Woods Project as Communications Manager and Gender Project Officer, respectively
Social services
News
Privatised profits, socialised losses: European reports call World Bank’s PPP push into question
Reports expose the scale of damage caused by PPPs, adding weight to broader concerns around the Bank’s aggressive promotion of them.
Other news
Gender
Background
The Bretton Woods Project welcomes new gender project staff
BWP is pleased to welcome Friederike Strub as our Gender Equality and Macroeconomics Lead and Amy McShane as Gender Project Officer.
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.
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
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.
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 22 September 2017.
IFI governance
Background
UK civil society meeting with DFID: Annual meetings and IDA
Notes of a UK CSO meeting with DFID on the annual meetings and the IDA process 23 September 2016.
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 21 July 2016.
