The South African G20 Presidency failed to issue a communiqué and opted not to issue a Chair’s statement at the IMF and World Bank Spring Meetings as the US administration’s explicit hostility to multilateralism significantly decreases the potential for consensus across all multilateral fora.
IFI governance
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
Accountability
Analysis
The Corporate Scorecard’s accountability gap is symptomatic of a broader failure on the part of the WBG to fully internalise, integrate and learn from the work of its accountability mechanisms.
Accountability
Analysis
Missing in action: accountability noticeably absent from WBG’s new Corporate Scorecard
IFI governance
Analysis
G24 communiqué analysis Spring Meetings 2025: failure to tackle structural injustices amid geopolitical turmoil
At this year’s Spring Meetings, the G24 communiqué failed to present strategic solutions for multilateralism’s future, offering no real path to address the multiple crises facing the world.
IFI governance
Analysis
V20 communiqué analysis Spring Meetings 2025: amid attacks on climate action, climate vulnerable countries once again highlight urgent need to step back from the brink
Faced with deafening silence from Bank and Fund leadership on climate issues at the Spring Meetings, climate vulnerable countries demand urgent changes to global financial architecture.
IFI governance
Analysis
Development Committee chair’s statement analysis Spring Meetings 2025: holding out on climate, but not without private finance
The Development Committee met on 24 April, with the chair issuing a statement, instead of a communiqué, reflecting the views of the majority of the group and providing clarity on priorities and moments of consensus within the chaos.
IFI governance
Analysis
IMFC chair statement analysis Spring Meetings 2025: IMFC statement reflects IMF’s scramble to reshape the international order in new US administration’s image
IMFC chair’s statement promises private sector-led growth, productivity, and job creation, while ignoring climate action, in an almost word for word copy of US Treasury Secretary’s speech at Spring Meetings.
IFI governance
Analysis
Spring Meetings 2025 Preamble: geopolitical turmoil further muddies path of BWI reform and multilateral cooperation
As the World Bank and IMF prepare for the 2025 Spring Meetings, the US executive order reviewing its participation in global institutions has heightened long-standing concerns about the direction of the Bretton Woods system – with civil society turning to FfD4 to reimagine the future of multilateralism.
IFI governance
Background
A closer look at the World Bank’s revised Country Partnership Framework
This Inside the Institutions explores the World Bank’s revised Country Partnership Framework, which aims to boost the impact of its country programmes through focus and efficiency.
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.
Other news
IFI governance
Background
Mission 300: The high-stakes pursuit of energy transition in Africa
Notes from the Civil Society Policy Forum session on 25 April 2025, titled "Mission 300: The high-stakes pursuit of energy transition in Africa"
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".
Environment
News
Trump election may add pressure to reverse World Bank’s prohibition on support for nuclear power
Donald Trump’s election may result in a revision of World Bank’s long-standing prohibition of support to nuclear power.
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.
IFI governance
Background
Arab voices for sustainable development financing: rights-based approaches to addressing the debt tax-climate crises
Notes from the Civil Society Policy Forum on 24th October 2024 titled "Arab Voices for Sustainable Development Financing: Rights-Based Approaches to Addressing the Debt Tax-Climate Crises".
IFI governance
Background
Evidence based analysis of the implementation of anti IFFs policies in Africa- Lessons from the policy tracker project
Notes from Civil Society Policy Forum on 23 October titled "Evidence based analysis of the implementation of Anti IFFs policies in Africa- Lessons from the policy tracker project".
IFI governance
Background
Taxing the super-rich, a step closer
Notes from a Civil Society Policy Forum SPF on 22 October 22 titled "Taxing the super-rich, a step closer".
IFI governance
Background
Problematising the Bank’s reliance on financial inclusion, from the gender strategy to the corporate scorecard
Notes from a Civil Society Policy Forum panel on 22 October titled "Problematising the Bank’s Reliance on Financial Inclusion, from the Gender Strategy to the Corporate Scorecard".