Eurodad reaction to the finalisation of IDA20 Replenishment
#DebtJustice #IDA20 #WorldBank #PolicyForum
Top story
Eurodad reaction to the finalisation of IDA20 Replenishment
Yesterday, the World Bank announced a US$93 billion package to replenish the International Development Association (IDA) - a financing package to help the world’s poorest countries. However, the Bank failed to provide details about how the funds will be allocated and the channels through which they will be spent. Eurodad urges the World Bank to publish all details of the IDA20 replenishment as soon as possible.
Please also click here to read Eurodad's submission to the World Bank's IDA20 consultation.
News
Joint civil society submission on the Development Policy Financing Retrospective
This month 14 civil society organisations jointly submitted feedback to the World Bank online consultation on the 2021 Development Policy Financing Retrospective, which covers the period 2016-2021. It highlights how World Bank Group's use of Development Policy Financing as an instrument to nudge countries towards specific policy reforms, undermines countries’ policy space and democratic ownership.
CSOs issue joint statement following World Bank's 'inadequate' consultations on global development policies
A coalition of Civil Society Organisations issued a joint statement addressed to the World Bank Executive Directors to express concern about inadequate CSO engagement on key policy processes, such as the IDA20 replenishment and Development Policy Financing retrospective.
Blogs & analysis
Stepping up the Common Framework or reforming the debt architecture, this is the real question
The IMF published a blog on the problems facing the implementation of the G20 Common Framework (CF). In this blog Eurodad's Iolanda Fresnillo says this signals a victory for civil society campaigners – but is ultimately too little too late.
Reports
Lights and shadows of COP26
by LATINDADD
Our sister network LATINDADD has produced a report reflecting on COP26. It contains the main positive and negative aspects of what happened at COP26 from LATINDADD's perspective.
by Nordic Alliance for Tax Justice
The Quality tax aid? report aims to spur the discussions and actions needed to take Nordic tax aid a step closer to achieving the commitments set out in the Addis Tax Initiative Declaration 2025. This report is part of a series of reports on the support of Nordic countries for DRM.
Useful resources
Care principles and care responsiveness barometer: Guidelines and toolkit for international financial institutions (IFIs)
By Oxfam
Oxfam and its partners have been working to co-create a set of care principles and a care-Responsiveness barometer to serve as important advocacy tools for promoting the care agenda across all development work.
Lack of public finance and debt relief at COP26 undermines countries’ climate goals
By Bretton Woods Project
Read this in-depth analysis of COP26 outcomes.
Job vacancies
Call for tender for interpretation services (Deadline: 20 December)
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Call for tenders for translations & foreign language proofreading/copyediting (Deadline: 5 January)
Eurodad | Remote
Call for tender for project website with microsite capabilities (Deadline: 10 January)
Eurodad | Remote
Finance Campaigner (Deadline: 4 January)
Recourse | Location flexible
Events
22 - 26 November | Eurodad Policy Forum 2021
Rewatch the highlights of the Eurodad Policy Forum 2021, covering topics such as the covid crisis, the policy lending doctrine and the future of aid. The videos are available in English, French and Spanish.
This newsletter has been produced with co-funding from the European Union, Bread for the World and Norad. The contents of this publication are the sole responsibility of Eurodad and can under no circumstances be regarded as reflecting the position of the funders. |