IFI governance
Background
IMF triennial surveillance review
Notes of meeting, Washington DC, April 13, 2011
Notes of meeting, Washington DC, April 13, 2011
Civil society organisations met UK Executive Director to the World Bank and staff from the Department for International Development to discuss the World Development Report on conflict, security and development; the spring meetings and food security; the World Bank's energy strategy and performance in the health sector.
The Bank-housed Climate Investments Funds (CIFs) are facing increasing criticism from donor governments and civil society groups, while concerns that the Bank's role in the new Green Climate Fund (GCF) constitutes a conflict of interest continue.
Analysis of governance reforms and other decisions made at the 2011 World Bank and IMF spring meetings
Summary of consultation held at the World Bank in Washington, 16 April 2011
Minutes from a 4 May 2011 consultation in London between civil society organisations and IMF staff.
Because of the resignation of Dominique Strauss-Kahn as IMF Managing Director, we are writing to urge you to push for the selection of the best candidate through an open, merit-based, transparent process, and the public support of the majority of the IMF membership, including developing countries.
A mid April meeting of the World Bank board sub-group, the Committee on Development Effectiveness (CODE), threw the development of the Bank’s energy strategy into disarray, while NGOs complain of a weakening of Bank commitment to consultation and continue to critique Bank energy investments.
An April report by the Bank’s arms-length evaluation unit faults the International Finance Corporation (IFC), the Bank’s private sector arm, for failing to pay attention to how its promotion of private sector growth impacts the poor.
The Bank's Independent Evaluation Group (IEG) released its annual report at end August, again finding shortfalls and uneven results across the World Bank Group. While the Bank's leadership has steered the institution towards more private sector work, outcomes in the education sector and the Middle East and North Africa (MENA) region have dropped substantially.
Minutes of a meeting between UK civil society, UK World Bank Executive Director Susanna Moorehead, and DFID staff
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.