19 July 2023
Civil society questions the proposed expansion of the Cascade approach, which has failed to deliver the ‘trillions’ promised.
Financial liberation has had a significant effect on Uganda’s economy opening the door for significant foreign ownership while facilitating the ongoing extraction of wealth.
As Bretton Woods Institutions fail to deliver transformative, systematic reform of deeply unequal global architecture, countries should embrace a more democratic space: the United Nations Financing for Development process
World Bank Evolution Roadmap’s proposed superficial technical patches favouring the ‘logic’ of the market will likely fail to deliver the structural changes needed to support borrowing countries amidst global crises.
Compensation claim before WorldBank’s ICSID raises questions about the value of special economic zones and fairness of ISDS mechanisms for Global South states.
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
Bank’s approach relies on countries' national climate plans, which are not currently collectively aligned with 1.5°C temperature goal.
World Bank and IFC continue promoting false solutions to climate and environmental emergency, helping extractive companies greenwash their environmental impacts.
New report by ActionAid UK highlights critical importance of public services that are gender responsive, while new Bank President Ajay Banaga’s private sector push signals concern for gender equality.
Banga takes office as civil society urges him to invert the Cascade and ensure the Bank’s development model is fit for purpose.
This Inside the Institutions explores how the World Bank approaches human rights in the context of the international human rights obligations of international financial and development institutions.
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.
