Ecosistemas advocates protest against Alto Maipo project before IFC building.

IFI governance

Commentary

Alto Maipo: Harms endure due to MDBs' lack of proper due diligence

World Bank and Inter-American Development Bank's reactive independent accountability mechanisms cannot address harms caused by lack of proper due diligence in Alto Maipo.

9 December 2021 | Guest comment

Gender

Analysis

New IMF-Pakistan agreement likely to have adverse impact on women

IMF and Pakistan have reached agreement for a further loan disbursement, with Pakistan agreeing to significant cuts.

9 December 2021 | Guest analysis

Finance

Analysis

Debt crisis prevention: We need to talk about capital controls

IMF's position on capital controls must be revised to recognise that they are an essential and permanent macroeconomic tool necessary to increase countries' policy autonomy and enable them to act counter-cyclically and to prevent future debt crises.

9 December 2021 | At Issue

Environment

Analysis

Lack of public finance and debt relief at COP26 undermines countries' climate goals

Climate-for-debt swaps mechanism proposed by IMF fails to materialise, while rich countries' climate finance commitments remain unmet.

9 December 2021

IFI governance

News

Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts

Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.

9 December 2021

Finance

News

IMF’s punishing surcharges strain Covid-19 response and recovery efforts

Civil society and economists unite in calls for IMF to abolish unethical and harmful surcharges on member countries that undermine financial stability and Covid-19 recovery.

9 December 2021
Until debt tear us apart message on a wall in the LX factory area of Lisbon, Portugal.

Finance

News

Debt crisis: What next as IMF and G20 initiatives set to expire?

G20 Common Framework left as the only multilateral mechanism for debt suspension, while private sector still refuses to engage.

9 December 2021

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.

9 December 2021