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IFI governance

IFI governance

Analysis

G24 communiqué analysis Spring Meetings 2023: In a world in crisis, BWIs need bold reform

The G24 communiqué of the 2023 Spring Meetings left no doubt about the gravity of the state of global affairs, including rising extreme poverty, food insecurity, migration and forced displacement.

19 April 2023

IFI governance

Analysis

Development Committee chair’s statement analysis Spring Meetings 2023: Division among Bank’s shareholders leaves ‘evolution roadmap’ at a cross-roads

Lack of consensus over Ukraine conflict meant Development Committee once again failed to agree a communiqué, with split also emerging over sources of funding for Bank’s expanded mission.

19 April 2023

IFI governance

Analysis

G20 press briefing analysis Spring Meetings 2023: Deep divisions and limited ambitions hinder response to the polycrisis

Despite pressing global issues, including a mounting debt crisis in low- and middle-income countries, the G20 failed to release a communique following the meeting of its finance ministers on 13 April at the World Bank and IMF Spring Meetings.

19 April 2023

IFI governance

Analysis

IMFC chair's statement analysis Spring Meetings 2023: Optimism and complacency at odds with growing desperation of Global South stakeholders

The IMFC again did not issue a communiqué as it could not agree on language on the war in Ukraine. A chair’s statement was issued in lieu of the communiqué and emphasised the resilience of the global safety net system, better than projected conditions and concerns about significant challenges.

19 April 2023

IFI governance

Analysis

V20 communiqué analysis Spring Meetings 2023: Climate vulnerable countries call for global financial architecture fit to tackle climate and debt emergencies

V20 called for substantive debt relief and increased concessional financing to help break vicious cycle of debt and Loss and Damage, and spur ‘climate-positive development’.

19 April 2023

IFI governance

Analysis

Spring Meetings 2023 Preamble: Threats to multilateral system and to achievement of development goals mount as hopes of substantive reform at World Bank and IMF wane

Spring Meetings unlikely to deliver structural reforms required to respond to worsening polycrisis, as Global North-driven World Bank reform set to divert attention from poverty and inequality and geopolitical tensions dampen hopes of new SDR allocation and IMF quota reform.

6 April 2023

IFI governance

News

IMF and World Bank governance reform: Enabling the international system to meet the challenges of the 21st century

On April 15th 2023 a whole-day event will bring together concerned organisations and individuals from around the globe, to debate urgent reforms of the BWI’s governance structures required to support an adequate global response to the climate, inequality and debt crises, and to avoid the fragmentation of the multilateral system.

3 April 2023 | Events

IFI governance

News

Civil society demands the end of the ‘gentleman’s agreement’ and calls for merit-based, open and transparent World Bank presidential selection process

Via e-mail To: World Bank executive directors Cc: World Bank President, David Malpass; Managing Director…

29 March 2023 | Letters

Other news

IFI governance

Background

12 May 2023 | Minutes

IFI reform, Bridgetown & climate finance: Critical civil society perspectives

Notes from Civil Society Policy Forum panel on 12 April titled "IFI reform, Bridgetown & climate finance: Critical civil society perspectives."

IFI governance

Background

14 April 2023 | Minutes

Voices of the Global South: Taxation and polycrisis

Notes from Civil Society Policy Forum event on April 14 2023 titled "Voices of the Global South: Taxation and polycrisis"

IFI governance

Background

14 April 2023 | Minutes

Time to get Macro? Gendered effects of World Bank macroeconomic policy amidst IFI reform

Notes from the CSPF panel "Time to get Macro? Gendered effects of World Bank macroeconomic policy amidst IFI reform" on Friday the 14th of April 2023. 

IFI governance

Background

13 April 2023 | Minutes

Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework

Notes from the Civil Society Policy From on 13 April titled "Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework."

IFI governance

Background

12 April 2023 | Minutes

IMF strategy on social spending: New direction or band-aid?

Notes from Civil Society Policy From event from April 12 2023, titled "IMF strategy on social spending: New direction or Band-Aid?"

IFI governance

Background

12 April 2023 | Minutes

Protecting biodiversity in a biodiversity crisis

Notes from the CSPF on 12 April titled "Protecting biodiversity in a biodiversity crisis."

IFI governance

Background

12 April 2023 | Minutes

Why Paris Alignment must be part of the Evolution Roadmap and what this should look like

Notes from the CSPF on 12 April titled "Why Paris Alignment must be part of the Evolution Roadmap and what this should look like."

IFI governance

Background

12 April 2023 | Minutes

Political economic reforms in the extractive sector as a catalyst to sustainable development in Africa

Notes from the CSPF on 12 April titled "Political economic reforms in the extractive sector as a catalyst to sustainable development in Africa."