Evaluation finds Exceptional Access Policy has been applied inconsistently, influenced by political pressures, and used as a substitute for debt restructuring while failing to attract private capital.
Finance
IFI governance
Analysis
Wrap-up Springs 2025: BWIs stay silent on climate crisis as tariff fallout looms
Finance
Analysis
The role of Bretton Woods Institutions remains a key point of contention, amidst their stark governance deficits.
Finance
Analysis
Civil society calls for FfD4 in Seville to revive Monterrey Consensus
Finance
Analysis
The ‘aid trap’ continues in light of significant ODA cuts amidst political change in donor countries, as the BWIs continue to facilitate the financialisation of essential services like healthcare.
Finance
Analysis
Time for Africa to halt international financial institutions' austerity policies
Finance
News
Private lenders’ resistance to Ethiopia's debt relief highlights urgent need for debt architecture reform
Ethiopia becomes the latest victim of the dysfunctional Common Framework, as private lenders continue to hold out on its debt restructuring with significant human rights, social and economic consequences.
Rights
News
UN Human Rights Council debt roundtable concludes debt crisis is a human rights crisis
UN Human Rights Council’s Seventh Intersessional Meeting calls for states to use FfD4 to agree reforms that enable states to deliver on their human rights obligations.
IFI governance
News
New report debunks claims that inadequate MDB transparency results from private sector concerns
Amid underwhelming private capital mobilisation, new report underscores poor state of transparency and disclosure of private sector finance by multilateral development banks and development finance institutions.
Finance
News
IMF’s PRGT review places the burden of financing the program on low-income countries
As the IMF increases cost of lending for LICs by introducing a tiered interest mechanism to the PRGT, CSOs and V20 Group call instead for an SDR interest rate cap to reduce the cost of lending and for sale of gold reserves to address the funding gap.
IFI governance
Analysis
Development Committee chair’s statement analysis Annual Meetings 2024: compounding crises expose the World Bank’s role in structural failures but limit scope for reform
Despite Development Committee’s call for increased development impact amidst compounding crises, persistent geopolitical fragmentation constrains the critical reforms needed to address structural failures.
IFI governance
Analysis
G20 communiqué analysis Annual Meetings 2024: progress on tax and inequality obscures Group's wider failures
At the 25th anniversary of the Group’s Finance Track, the G20 communiqué’s robust language on the taxation of billionaires, including encouraging “constructive discussions” about the UN Tax Conference was contrasted by much more cautious language on MDB reform, climate finance, debt and Special Drawing Rights.
IFI governance
Analysis
IMFC chair’s statement analysis Annual Meetings 2024: a fiscal consolidation “pivot” as IMF struggles to get its house in order
Chair’s statement calls for a ‘pivot’ to fiscal consolidation and announces possible approaches to guide further quota realignment by June 2025. In contrast, China’s statement calls for work to begin on alignment even without resolution of 16th quota review.
Other news
IFI governance
Background
IFC Sustainability Framework Review: a pivotal opportunity to protect human rights and the environment
Notes from the 24 April Civil Society Policy Forum session, titled IFC Sustainability Framework Review: a pivotal opportunity to protect human rights and the environment.
IFI governance
Background
Hidden debt: Tackling grand corruption in debt management to safeguard financing for development
Notes from the Civil Society Policy Forum on 23 April 2025 titled 'Hidden debt: tackling grand corruption in debt management to safeguard financing for development'.
IFI governance
Background
Catalyzing climate finance in fragile contexts - What’s being done and what still needs doing?
Notes from the 23 April Civil Society Policy Forum session titled “Catalyzing climate finance in fragile contexts - What’s being done and what still needs doing?”
IFI governance
Background
Decoding IMF accounting, unlocking the full potential of SDRs
Notes from the Civil Society Policy Forum session on 23 April 2025, titled "Decoding IMF Accounting, unlocking the full potential of SDRs".
Accountability
News
IFC ends investment in waste-to-energy incineration projects in Gujarat, India, following civil society campaign
While IFC’s withdrawal is welcome, civil society urges the Bank to stop funding WTE projects and move towards zero-waste solutions instead.
Finance
News
FfD4 is a feminist issue
FfD4 civil society feminist workstream calls for gender and race equality, human rights and systemic change in the international financial architecture, while groups plan strategic convening in Morocco.
Finance
News
IDA21 cobbles together $100 billion replenishment in context of wider aid cuts
Amid concerns about the policy package and in the face of global crises, IDA's 21st replenishment showed difficulty of mobilising donor finance amid elections and geopolitical tensions.
Finance
News
BWIs use frozen Russian assets as part of $50 billion support to Ukraine
BWIs engineer creative ways to provide financial support to Ukraine using frozen Russian assets as back up, in contrast to lack of support for debt-stricken African countries.