Finance

IFI governance

Analysis

Spring Meetings 2025 Wrap-up: Don’t look up! Bank and Fund leadership self-censors on climate change and gender issues, as US tariffs rock global economic outlook

US Treasury Secretary Scott Bessent indicates US will stay in the Bank and Fund, claiming “America First does not mean America alone,” as tariffs and rising debt vulnerabilities prompt gloomy forecast.

30 April 2025

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.

24 April 2025 | Minutes

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'.

23 April 2025 | Minutes

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?”

23 April 2025 | Minutes

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".

23 April 2025 | Minutes
Illustration showing the World Bank, the IMF and the EU and USA flags watering down the spirit of Monterrey from the walls of Seville old city.

Finance

Analysis

Civil society calls for FfD4 to revive 'spirit of Monterrey' and reassert UN's role in global economic governance

The role of Bretton Woods Institutions remains a key point of contention, amidst their stark governance deficits.

15 April 2025
USAID food distribution activities. Photo: USAID/ Malala Ramarohetra

Finance

Analysis

Breaking free from the aid trap: time for Africa to halt international financial institutions' austerity policies

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.

15 April 2025 | Guest analysis
Argentinians demonstrate against IMF debt payments. Credit: Nick Photoworld/ ShutterStock

IFI governance

News

New Independent Evaluation Office findings expose political pressures and over-optimism in IMF’s Exceptional Access Policy

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.

15 April 2025

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.

15 April 2025

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.

15 April 2025