Initial financing for Costa Rica, Barbados, Rwanda, Bangladesh and Jamaica tied to efforts to ‘green’ PPP frameworks.
New reports by Financial Transparency Coalition and Eurodad highlight uneven distribution of Covid-19 stimulus spending followed by socially painful fiscal austerity.
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.
New World Bank guidance on PPP legal frameworks evidence of institution’s continued reliance on PPPs as key to addressing SDG financing gap despite well-documented failures. Previous World Bank PPP contracts template criticised for incompatibility with human rights norms.
The World Bank’s proposal to establish a fund for Pandemic Prevention, Preparedness and Response raises questions about the Bank’s support for private sector healthcare at the expense of public provision.
With the World Bank’s current gender strategy set to expire next year, care and social protection emerge as a possible focus, but CSOs remain skeptical that Bank's private sector-led approach will deliver on women's rights.
Forthcoming research from ActionAid International shows IMF’s dogmatic support for public sector wage bill cuts continues.
Bill withdrawn after allegations of misconduct, as Nigerian civil society mobilises against water privatisation.