Search Results for: global infrastructure facility

Accountability

Analysis

4 December 2009 | Briefings

Don't bank on it! Challenging the World Bank's role in future climate finance

Despite a superficial 'climate makeover', UK civil society organisations conclude that the World Bank is still a long way from operating in transparent, participatory and accountable ways, or lending upon a truly green portfolio, and therefore should not be trusted with the world's climate funds. Furthermore, the form and functions of a climate finance institution should first be defined and criteria should be established for United Nations Framework Convention on Climate Change (UNFCCC) partie

News

20 November 2009

Your support for the Bretton Woods Project is crucial

After a year of helping to coordinate civil society responses to the global financial crisis, we at the Bretton Woods Project are more committed than ever to a global economic system that puts at its heart ending poverty, guaranteeing human rights and protecting the environment.

Environment

Commentary

20 November 2009 | Guest comment

Unjustifiable Bank domination over climate funds in Bangladesh

World Bank's record in Bangladesh shows there is no place for it in a just response to climate change, but it is set to dominate the new fund for adaptation in Bangladesh. Civil society critics speak out.

Environment

Background

20 November 2009 | Inside the institutions

The role of the World Bank in climate finance

The World Bank currently plays four different roles in arrangements to distribute finance for mitigation and adaptation to climate change in developing countries. In addition, its overall lending portfolio can have significant environmental impacts.

Finance

News

20 November 2009

IMF pours cold water on monetary reform

As academia and NGOs call for reform of the international financial architecture, the international monetary system is the focus of scrutiny. Support for capital controls and a financial transaction tax has met resistance from the IMF.

Conditionality

News

20 November 2009

Leopard about to change its spots? IFIs debate role of financial sector

The financial crisis has divided perceptions within the IFIs about the role of the financial sector in development. While some parts of the World Bank and IMF highlight the merits of small banks, others continue to push globalised finance.

IFI governance

News

20 November 2009

Progress on Bank transparency?

The World Bank's draft disclosure policy, published in October, marks a significant step forward in Bank transparency but has been criticised for excluding key information from public access.

Finance

News

24 November 2009 | Events

Summary: Recovery towards what? Finance, justice, sustainability

Recovery towards what? Finance, justice, sustainability was an exciting and timely one-day conference on 6 November in London on all aspects of global finance and its role in both developed and developing countries. It brought together experts, researchers, practitioners and civil society to discuss how to reshape finance so that it contributes to a just and sustainable economy.

Accountability

News

12 February 2010

IMF still failing to connect with member countries

An independent evaluation of the IMF's dealings with its member countries shows a startling amount of displeasure with the Fund's work in rich and poor countries alike. The IMF board failed to come up with a credible action plan to deal with the problems.

Environment

News

11 December 2009

The World Bank and climate negotiations: updates from Copenhagen

News and analysis from in and around the UN climate talks in Copenhagen - frequently updated.

Social services

News

12 February 2010

World Bank moving backwards on gender?

An evaluation of the World Bank’s progress on gender suggests that the Bank may actually be going backwards in some areas.

Environment

News

12 February 2010

Debt aftershocks to shake Haiti's recovery?

An IMF loan to Haiti in response to the devastating earthquake in early January has been criticised for exacerbating the country's debt burden and endangering recovery.