World Bank fails in its commitment to accountability by disregarding communities’ participation all the way through project design, implementation and resulting remedy plans.
Accountability
Accountability
Analysis
Missing in action: accountability noticeably absent from WBG’s new Corporate Scorecard
Conditionality
Analysis
IMF proposes a grassroots communication strategy to convince the public of the need for further austerity measures as publications reveal fear that social unrest will make reforms ‘unimplementable’.
Conditionality
Analysis
Who’s afraid of the grassroots? IMF policymaking in the era of social discontent
Accountability
Analysis
Understanding the Bank’s chequered history with public, community and civil society participation is key for understanding what is at stake and what to do next.
Accountability
Analysis
Is the World Bank rolling back commitments to citizen engagement, again?
Accountability
News
Another day, another IFC scandal
A Telegraph exposé unveils how a private hospital group in India which received £120 million in IFC investment since 2005 was running an illegal organ trading scheme, adding to a growing number of IFC-funded scandals.
IFI governance
News
Civil society calls for an end to the 'gentleman's agreement' and a merit-based, open and transparent MD selection process
Civil society calls for the IMF to ensure the next MD selection process is undertaken in accordance with a merit-based, open and transparent process, underpinned by criteria involving a demonstrated commitment to international human rights, feminist principles, green and equitable development, as well as publicly available shareholder votes.
Accountability
News
Demanding accountability: Response to reports of a child sexual abuse cover up at the World Bank
A joint statement from 34 global civil society organizations regarding the extremely disturbing reports of a child sexual abuse cover-up by World Bank Group officials in connection with IFC's investment in Bridge International Academies in Kenya.
Accountability
News
UDHR and IPN anniversaries underscore urgent need for Human Rights policy at all IFIs
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
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.
Other news
Accountability
News
CAO report adds to concerns about IFC's compliance with its own GHG emissions obligations
CAO report substantiates civil society findings about IFC’s failure to comply with its own requirements for GHG emissions measurement, alternatives analysis, mitigation and disclosure.
Accountability
Background
Strengthening governance of development policy finance: Improving transparency, accountability, stakeholder engagement, and Paris alignment
Notes from the Civil Society Policy Forum on 24 October 2024 titled "Strengthening governance of development policy finance: Improving transparency, accountability, stakeholder engagement, and Paris alignment".
IFI governance
News
CSOs call for mandatory and meaningful consultation at the IMF
Civil society organisations call for consultation on the design of policies that significantly impact states and citizens.
Finance
News
IMF acknowledges capital controls have helped Argentine economy
IMF research acknowledges measures to restrict capital outflows introduced in 2019 contributed to Argentina meeting the performance criteria for the Fund’s Extended Fund Facility.
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