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.
57 CSOs highlight need for operational changes in the World Bank’s new accountability scheme to ensure its effectiveness.
Robert Bain and Mihaela Sirițanu join the Project as it expands its focus on financialisation and reform of the Bretton Woods Institutions.
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.
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.
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.
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.
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.
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.
CSOs send an open letter to the Executive Directors of the International Monetary Fund calling for an open and robust public consultation on the IMF’s forthcoming Gender Strategy.
