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
Accountability
Land
News
Honduras threatens ICSID withdrawal over $11 billion ‘neo-colonial’ special economic zone claim
Accountability
Analysis
EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.
Accountability
Analysis
Ending “absolute immunity” for the International Finance Corporation
Accountability
Commentary
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.
Accountability
Commentary
Alto Maipo: Harms endure due to MDBs' lack of proper due diligence
IFI governance
News
Banga's arrival raises concerns about deepening of World Bank's private sector bias
Banga takes office as civil society urges him to invert the Cascade and ensure the Bank’s development model is fit for purpose.
Accountability
Background
(Now closed) Call for Proposals: Campaign Materials & Templates for End Austerity Campaign
The Bretton Woods Project is looking for a designer to develop a set of templates for campaign materials for the End Austerity Campaign: https://endausterity.org/
Rights
News
A new SDR allocation: Combatting deepening fragility concerns
The links between high debt burdens, lack of climate finance, austerity and the rise in political instability and fragility, conflict and violence remain largely neglected as IMF shareholders consider calls for a new SDR allocation, as proposed by the Bridgetown Agenda.
Accountability
News
World Bank’s accountability mechanisms - still a long way to go
57 CSOs highlight need for operational changes in the World Bank’s new accountability scheme to ensure its effectiveness.
Accountability
Commentary
The IMF is changing and needs an independent ombudsman
The Fund's expansion of its work into the macro-stability challenges posed by pandemics, climate change, gender discrimination and inequality increases the risks that it may negatively impact communities and individuals.
Accountability
Analysis
Why the IFC can’t afford to squander this opportunity to get remedy right
The IFC is the only DFI that has committed to creating a remedy framework. The basic requirements of a rights-based remedy framework are already known.
Accountability
Background
Strengthening Accountability in the Global Economy Project Lead (closed)
BWP seeks a project lead to manage its Strengthening Accountability in the Global Economy Project, which will seek to promote improved governance and equity at the World Bank and IMF.
Other news
Accountability
Background
The Bretton Woods Project welcomes new project leads on Financialisation and IFI Governance
Robert Bain and Mihaela Sirițanu join the Project as it expands its focus on financialisation and reform of the Bretton Woods Institutions.
Rights
News
Will IMF Strategy for Fragile and Conflict-Affected States escape traditional focus on austerity?
The IMF’s new Fragile and Conflict-Affected States strategy has incorporated many civil society concerns, but civil society and international actors like the UN must also have input into its implementation.
Rights
News
Report implicates IFC investments in human rights abuses of Uyghur and other minorities in China
New CSO research alleges that IFC investments have contributed to forced displacement and labour, detention, and other human rights violations of Uyghurs and other minorities in Xinjiang, China.
Accountability
News
Civil society calls for IFC and MIGA to build upon CAO reform
Civil society urges IFC and MIGA to act to maximise the benefits of CAO reforms
Gender
News
World Bank gender-based violence mechanism raises "serious concerns"
World Bank procurement mechanism faces questions over community engagement
Accountability
News
IMF faces wave of calls to suspend loan disbursements in Africa
Activists call for suspension of IMF disbursements, raising alarm about lack of accountability for several African loans.
Environment
News
World Bank cancels Bisri dam project in Lebanon after years of community resistance
Environmental groups and activists claim victory after years of campaigning.
Accountability
News
Delays in Inspection Panel eligibility decision in Nepal risk “irreversible damage”
Panel yet to rule on case filed in April despite receiving consultant's report.