Eurodad reaction to the finalisation of IDA20 Replenishment

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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.

Read our press release

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.

Quality tax aid?

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)

Eurodad | Remote

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.