14 December 2020
New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
Alternative progressive solutions reached by democratic and inclusive multi-sectoral dialogue.
Community demands reparations from World Bank for murder of South African environmental activist Fikile Ntshangase for opposing the Tendele coal mine initially financed by IFC.
The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.
As the IMF celebrates the rise of VAT, women and those least able to pay are left behind in worsening inequality crisis.
IFC accused of violation of performance standards after alleged retaliatory action against workers.
World Bank and other MDBs fail to sign on to general declaration as multilateral leadership on solutions to climate, debt and inequality crises remains inadequate.
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
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.
