The Fourth International Conference on Financing for Development (FfD4) is scheduled to take place from 30 June to 3 July 2025, in FIBES Sevilla Exhibition and Conference Centre, Spain. The outcome document of the conference, entitled Compromiso de Sevilla, was adopted on Tuesday 17 June, at the second part of the fourth Preparatory Committee meeting in New York (the recording can be watched here). However, there are still relevant opportunities and side events to explore as we move towards a post FfD4 context.

Over 200 civil society organisations are urging European leaders to commit to a transformative and ambitious agenda of financial architecture reform at the Fourth International Conference on Financing for Development.

Ukrainian and European civil society organisations are warning that hedge funds could make billions out of Ukraine, financed indirectly by Western aid. In a statement released today the campaigners call for legal protections to ensure speculators cannot demand billions of dollars in payments from the GDP-linked warrants. 

Fifty days ahead of the 4th UN Financing for Development Conference (FfD4), a coalition of nine EU NGOs are launching the campaign “Era of Justice” to show how the multiple crises our world is living are deeply interconnected and to call on governments to take decisive action.

Over 200 civil society organisations and individuals have sent a letter urging European leaders to commit to a transformative and ambitious agenda of financial architecture reform at the Fourth International Conference on Financing for Development.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings this April.

A selection of key publications published by Eurodad and other CSOs in 2024.

This week civil society is participating in the Second Preparatory Committee Session for the fourth UN Financing for Development Conference, taking place from 3 to 6 December at the United Nations Headquarters in New York.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Annual Meetings from 21 to 25 October.

Last week, civil society organisations mobilised online and offline during the Global Week of Action for Climate Finance and a Fossil-Free Future, calling on global north governments to meet their climate finance obligations in full. 

Civil society organisations call on the International Monetary Fund management and Board members for an evaluation of the 2015 guidelines and a Board-mandated framework to establish mandatory rules for CSO engagement at all levels.

The 11th Technical Expert Dialogue of the New Collective Quantified Goal (NCQG) is an important opportunity to agree on the qualitative elements of the post-2025 climate goal, including improving the quality of international climate finance flows to benefit of low and middle-income countries that already face disproportionate impacts of the climate and debt crisis.

Download the full submission

We will be joining CSO partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings from April 15 to 20. Below are some of the events we are taking part in or sponsoring.

Eurodad's policy and advocacy manager for debt justice, Iolanda Fresnillo, analyses the challenges the debt justice movement will face during the next months. 

Following a landmark meeting that took place in Bogotà on 20-21 September, Global South CSOs issued an output document.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Annual Meetings from October 9 to 15.

The world finds itself in a polycrisis with three proposals on the table: the Evolution Roadmap of the World Bank Group; the Bridgetown Initiative; and the Summit for a New Global Financing Pact, which takes place in Paris next week. To explore each of these initiatives further, Eurodad and partners organised a webinar which featured three experts who give their points of view: Daniela Gabor, Professor of Economics and Macrofinance at UWE Bristol, Liane Schalatek, Vice-Director of Boell Foundation North America and Mariama Williams,Director of the Institute of Law and Economics (ILE).

Positive outcomes include the welcoming of intergovernmental discussions on tax in the outcome document.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings from April 10 to 14.

More than 40 civil society organisations from around the world have signed an open letter to the World Bank, IMF and G20 sharing concerns regarding inclusiveness and transparency in the ongoing discussions to address sovereign debt resolution. The three organisations have convened the Global Sovereign Debt Roundtable, which will meet during next weeks Spring Meetings in Washington, DC. 

Eurodad Director Jean Saldanha looks forward to the challenges and solutions in 2023.

This week, CSOs, academics and policymakers met in Grenada to discuss the challenges that climate change and debt pose for the Caribbean region.

Last week’s meetings proved yet again that without fundamental reform to how both the World Bank and IMF are governed, and how they ultimately operate, the same mistakes will be repeated again and again. And that is unacceptable.

Join Eurodad and partners at the Civil Society Policy Forum (CSPF), that will be held in-person in Washington, DC, alongside the WBG-IMF Annual Meetings 2022

IMF surcharges are a system of fees on loans from this institution which places an unfair burden on vulnerable countries that are in need of financial support.

After two years of meeting online and three since we last met in person as a network, we came together in Brussels last week for our 2022 conference “Reboot the system: Defining joint strategies for economic justice”.

Eurodad and partners represented Civil Society at this year's UN ECOSOC Financing for Development Forum in New York. 

A coalition of 34 CSOs expressed their concerns regarding the rapidly worsening of debt distress and fiscal conditions in many low- and middle-income countries. Meanwhile citizens are facing inflationary pressures as well as the ongoing impact of Covid-19, the war in Ukraine and the climate crisis. This letter was sent to the G20 Finance Ministers and Central Bank Governors, the Indonesian presidency Finance Minister Sri Mulyani and Central Bank Governor Perry Warjiyo, the European Commission, the G24, the South Centre and the UN Secretary General. 

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings this April.

Ghana passed quickly from being the poster child economy for West Africa to being one step away from losing its access to international capital markets.

Last week, G20 Finance Ministers failed to act on calls to enhance the Common Framework. In this article we look at the trends and risks regarding sovereign debt that the G20 seem to be ignoring and we believe will need close attention in the coming months. 

This article was originally published on 16 February and updated on 24 February. 

IMF surcharges are a system of fees on loans from this institution which places an unfair burden on vulnerable countries that are in need of financial support. This guide explores how IMF surcharges work and provides an overview of the costs they impose on IMF borrowing at the global and country level. The large costs associated with surcharges are unjustified in the current global health crisis.

Join Eurodad at the virtual Policy Forum 2021 taking place from 22 to 25 November.

G20 leaders met in Rome last weekend (30 and 31 October) to address what they termed “today’s most pressing global challenges”. In the end they took no meaningful new decisions. The photo opportunity with G20 leaders throwing a coin into the Trevi fountain was a potent symbol of what the Summit turned out to be: wishful thinking without any action.

Lauded by its proponents as a “ground-breaking” and “innovative approach,” the proposal raises concerns upon closer review and is likely to turn into a costly missed opportunity for everyone involved.

Join Eurodad and partners at the World Bank Group - International Monetary Fund Annual Meetings this October

This series of infograms and charts highlight the increasing impact of debt and the Covid-19 pandemic in the global south.

Click to enlarge

62 civil society organisations and global networks across the world have published an open letter expressing their concerns about the design, consultation process and establishment of the ‘inadequate’ OECD Debt Transparency Initiative (DTI).

Covid-19 has left Colombia in a precarious position. The following infographic highlights why urgent multilateral support is needed to help the country address its debt burden.

Dive deeper into key Sovereign Bond data from Sleep now in the fire: Sovereign Bonds and the Covid-19 Debt Crisis in this interactive infographic.

The failure of the IMF to respond to the Covid-19 crisis highlights the need for urgent international financial architecture reform. Eurodad's debt team analyse the data in this infograph.

This year, the ECOSOC Financing for Development Forum took place virtually from 12 and 15 April.

Eurodad's policy experts reflect on the 2021 IMF and WBG spring meetings, raising concerns of an insufficient response and the inability of the Bretton Woods Institutions to put global social equity at the heart of long-term plans to rebuild fairer post-pandemic.

Covid-19 has left Kenya in a precarious position. Learn more about the urgent measures needed and why, in the following infograph.

What are Special Drawing Rights and why are they so important to the global recovery post-Covid? Find out more in this interactive infographic. 

Read our detailed analysis on SDRs | Click to expand the infograph

The US$650 billion allocation of SDRs proposed by the IMF will not support the post-Covid economic recovery of the poorest countries. In the following article, we set out the argument for a much larger allocation, one worth US$3 trillion.

2021 brings the hope that the Covid-19 pandemic can be controlled, but existing inequalities are exacerbating access to the vaccine and with it, return to normal life. Here we set out what we expect to be the biggest issues we face as a network in the coming year.

Eurodad pays tribute to the pioneering activism of Soren Ambrose, who dedicated his life to the cause of justice.

Following the conclusion of the first Finance in Common Summit, APMDD, AFRODAD, Latindadd, Third World Network and Eurodad have issued the following response.

Civil society activists from across the world have come together online to sound the #DebtAlarm, calling upon world leaders to act on debt cancellation. 

More than 500 civil society organisations are calling on the International Monetary Fund (IMF) to immediately stop promoting austerity around the world, and instead advocate policies that advance gender justice, reduce inequality, and decisively put people and planet first. 

The International Monetary Fund (IMF)-World Bank virtual Spring Meetings took place as global economic turmoil deepened

The G20 agreement is significant and will support the immediate Covid-19 response. But the breathing space it provides countries may be short-lived.

The world is facing an unprecedented humanitarian crisis triggered by the outbreak of COVID-19. As the Bretton Woods Institutions (BWIs) deliver their virtual Spring Meetings, there are strong calls for an ambitious response.

This seminar took place in the context of an emerging wave of debt crises across the globe, and an especially acute situation in Argentina, which had already partly defaulted on sovereign debts and announced that action on debt needs to be taken.

The 12th UNCTAD Debt Management Conference titled “Making debt work for development” took place in Geneva this week. At one of the best attended policy conferences ever, several hundred participants – including Eurodad staff, members and partners - discussed topics such as how to tackle the unfolding developing country debt crisis, debt sustainability analyses for a new debt landscape, new debt transparency initiatives, and more effective debt workout mechanisms. Participants agreed that urgent action is needed to address the new wave of debt crises, and called for more political will.

Eurodad, along with CSOs from across the world, welcome the draft UN General Assembly Resolution on "External Debt Sustainability and Development."

Thirty-five civil society organisations have today signed a declaration rejecting the IMF austerity policies implemented in Ecuador, Argentina and Haiti.

The UN Independent Expert on foreign debt and human rights will be presenting new Guiding Principles on human rights impact assessments of economic reforms to the 40th session of the UN Human Rights Council (HRC) in February/March 2019.

The Spring Meetings of the IMF and World Bank took place amid warnings of a ‘borrowed boom’ as an uptick in global growth was matched by global debt levels reaching record highs. 

The 2017 spring meetings of the IMF and World Bank, which also included the second edition of the Global Infrastructure Forum, took place against the uncertainty generated by geopolitical changes such as the election of President Trump in the US and the formalisation of the UK’s exit from the European Union.

Argentina and its bilateral creditors, coordinated by the Paris Club, have reached a deal to settle outstanding loans that were in default since 2001. According to the agreement made on 29 May, Argentina is going to pay US$ 9.7 billion over the next five years.

The long litigation odyssey between the government of Argentina and holdout creditors continues.

As the United Nations moves rapidly towards alternative proposals to sovereign debt work-out, it seems that the International Monetary Fund (IMF) does not want to be sidelined on the issue.

Almost 40 civil society organizations signed a letter calling upon Members of the European Parliament Committee on Development and European Development Ministers to take action with respect to Haiti’s debt.

The Fourth International Conference on Financing for Development (FfD4) is scheduled to take place from 30 June to 3 July 2025, in FIBES Sevilla Exhibition and Conference Centre, Spain. The outcome document of the conference, entitled Compromiso de Sevilla, was adopted on Tuesday 17 June, at the second part of the fourth Preparatory Committee meeting in New York (the recording can be watched here). However, there are still relevant opportunities and side events to explore as we move towards a post FfD4 context.

Over 200 civil society organisations are urging European leaders to commit to a transformative and ambitious agenda of financial architecture reform at the Fourth International Conference on Financing for Development.

Fifty days ahead of the 4th UN Financing for Development Conference (FfD4), a coalition of nine EU NGOs are launching the campaign “Era of Justice” to show how the multiple crises our world is living are deeply interconnected and to call on governments to take decisive action.

Over 200 civil society organisations and individuals have sent a letter urging European leaders to commit to a transformative and ambitious agenda of financial architecture reform at the Fourth International Conference on Financing for Development.

Official Development Assistance in 2024 dropped for the first time since 2017, sounding alarm bells for the future of aid. These infographics highlight the key trends from the preliminary data release by the OECD DAC.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings this April.

Reaction of the DAC CSO Reference Group to the release of the preliminary ODA numbers for 2024.

The United Nations Development Cooperation Forum is unique in convening all actors under the UN umbrella to address issues that are elsewhere discussed in disparate institutional and policy silos, yet it struggles to gain influence and traction.  Strengthening this forum can be a first step towards renewing and heightening global commitments on international development cooperation.

As the European Commission is considering merging several existing instruments (those for humanitarian aid, development cooperation, and pre-accession assistance), a coalition of 48 civil society organisations is calling on President Von der Leyen to reject the proposal. 

A selection of key publications published by Eurodad and other CSOs in 2024.

This week civil society is participating in the Second Preparatory Committee Session for the fourth UN Financing for Development Conference, taking place from 3 to 6 December at the United Nations Headquarters in New York.

Join Eurodad for two webinars that will take a close look at the relationship between private finance and aid.

Register here

Ahead of the IDA Forum happening on 22 October, a group of CSOs released a set of policy proposals for an ambitious policy framework that would truly deliver for people living in the lowest-income countries.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Annual Meetings from 21 to 25 October.

Civil society organisations call on the International Monetary Fund management and Board members for an evaluation of the 2015 guidelines and a Board-mandated framework to establish mandatory rules for CSO engagement at all levels.

In this letter, the DAC-CSO Reference Group called on the OECD DAC to push for an ambitious outcome that can eventually ensure that all aid is fully untied.

Download the open letter

Twenty-six civil society organsations have signed an open letter to Ajay Banga, the new president of the World Bank.

The mid-term review of the long-term budget sends a damaging message to Europe's partners. This is the warning from more than 50 civil society organisations, in a joint statement calling on the European Union to bolster investment in international partnerships and prioritise cooperation on global challenges.

Following the release of the preliminary statistics covering Official Development Assistance in 2023, the DAC Civil Society Reference Group expresses major concerns about the underlying trends reflected in the figures, and calls for a serious conversation about establishing a more inclusive and representative governance of ODA.

We will be joining CSO partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings from April 15 to 20. Below are some of the events we are taking part in or sponsoring.

Ten CSOs, including Eurodad, have sent an open letter to Nadia Calviño, the European Investment Bank's President, to offer several recommendations on the EIB Global Strategic Roadmap.

Thirty civil society organisations (CSO) call upon the EIB President, Board of Directors and Governors to firmly reject increasing support for the military-industrial complex.

Together with 13 CSOs we have signed a letter to ask the EIB President Nadia Calviño to do the overhaul needed for the Bank to uphold its commitment to just and sustainable development in the countries where it operates.
 

Joint reaction of the DAC-CSO Reference Group to the OECD’s Development Assistance Committee’s High Level Meeting, which took place on 15 November.

Eurodad and 16 other CSOs have signed an open letter calling on the Board of Directors to not approve the final EIB Global strategy due to a lack of public consultation. 

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Annual Meetings from October 9 to 15.

Joint civil society organisation statement in response to Report on Investment for development – The UK’s Strategy towards Development Finance Initiatives

Eurodad's Leia Achampong, Senior Policy and Advocacy Officer working on climate finance, analyses the Bonn Climate Change Conference.

Seventy-four CSOs and individuals from around the world are calling on the World Bank to first assess its development effectiveness and the impact of its private sector-first approach before designing its reform agenda.

Download the briefing

The world finds itself in a polycrisis with three proposals on the table: the Evolution Roadmap of the World Bank Group; the Bridgetown Initiative; and the Summit for a New Global Financing Pact, which takes place in Paris next week. To explore each of these initiatives further, Eurodad and partners organised a webinar which featured three experts who give their points of view: Daniela Gabor, Professor of Economics and Macrofinance at UWE Bristol, Liane Schalatek, Vice-Director of Boell Foundation North America and Mariama Williams,Director of the Institute of Law and Economics (ILE).

Positive outcomes include the welcoming of intergovernmental discussions on tax in the outcome document.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings from April 10 to 14.

The Declaration is a momentous agreement signed by more than 200 organisations, including Eurodad, who vow to work to transform our systems to ones which value human rights and ecological sustainability over GDP growth and narrowly defined economic gains.

Eurodad Director Jean Saldanha looks forward to the challenges and solutions in 2023.

Drawing on the specific case of IMF and World Bank’s response to the multiple crisis triggered by the pandemic, a journal article shows that there is a discourse-practice disjuncture in the Bretton Woods institutions approach to public services as they continue to favour austerity and market-oriented solutions for the delivery of public services. The article therefore seeks to demystify the institutions rhetoric and demand the adoption of a different way of understanding public services, and social policy more broadly.

69 civil society organisations welcome the publication yesterday of the African Commission on Human and Peoples’ Rights (African Commission) landmark General Comment detailing States’ obligations with regard to public services, such as education, healthcare and water. This is a major step forward to consolidate the human rights and legal framework, in a context where public services have emerged as one of the critical tools to address the climate, health, food, and inequality crises of the last years.

Last week’s meetings proved yet again that without fundamental reform to how both the World Bank and IMF are governed, and how they ultimately operate, the same mistakes will be repeated again and again. And that is unacceptable.

Join Eurodad and partners at the Civil Society Policy Forum (CSPF), that will be held in-person in Washington, DC, alongside the WBG-IMF Annual Meetings 2022

A coalition of 33 CSOs expressed their concerns about the quality and integrity of ODA statistics ahead of the DAC Working Party on Development Finance Statistics (WP STAT) meeting on 26-28 September. 

Our joint media reaction with Counter Balance to Von der Leyen's claims on the EU Global Gateway during the State of the Union 2022 speech. 

We sent six recommendations to the UNFCCC so that the new post-2025 climate finance goal (NQCG) effectively helps deliver on the Paris Agreement. 

Developed countries provided and mobilised US$ 83.3 billion in 2020 in climate finance, an increase on previous years but still a long way from the US$ 100 billion climate finance goal set in 2009. In this article, we take a look at the most recent data to assess where things stand today.

The G7 summit in Elmau was the highlight of the German G7 presidency in 2022. Contrary to the original intentions of the German government, security policy and geostrategy dominated the process, due to the conflict in Eastern Europe. 

Civil society from around the world have written an open letter raising concerns about the quality and integrity of ODA statistics. 

Read the letter

Our director, Jean Saldanha, was subject to aggressive behaviour at our joint event at the EDDs this June. We are calling on EU institutions and bodies to address this systemic issue, and to prevent such behaviour and redress it when it occurs.

After two years of meeting online and three since we last met in person as a network, we came together in Brussels last week for our 2022 conference “Reboot the system: Defining joint strategies for economic justice”.

The decision by the IFC to not resume investments in fee-charging private schools reinforces the work done by civil society organisations highlighting the negative impact of for-profit schools. 

Read the statement in English | Lee la declaración en español |Lire la declaration en français

One of the main outcomes of COP26 is the process to agree a new global climate finance target. In the following Q&A, Eurodad's climate finance expert answers some of the most frequently asked questions about the new collective quantified goal on climate finance.

Thirty-three organisations from the global south and the global north have signed a statement arguing that the World Bank has not learnt crucial lessons from the Covid-19 pandemic and broader health financing evidence.

Download the statement

Eurodad and partners represented Civil Society at this year's UN ECOSOC Financing for Development Forum in New York. 

Join us this May at Eurodad's climate finance webinar series, where we will take a deep dive into public climate finance flows, transparency of climate finance, and the gender dimensions of climate finance. 

Due to the rules governing the distribution of Special Drawing Rights (SDRs), more than US$400 billion of last year's US$ 650 billion issuance went to advanced economies who didn't need them. A group of CSOs are therefore calling for a new allocation of SDRs with fairer distribution to help tackle the global crises and substantial changes to the Resilience and Sustainability Trust, the IMF new instrument to channel SDRs.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings this April.

This opinion piece was first published by IPS.

Today the World Bank closed a consultation process on their plans to replace the discontinued Doing Business Report (DBR) with the Business Environment Enabling Project (BEE). A coalition of  CSOs have delivered a strongly worded submission arguing this is a rebranding exercise which does not address the root problems in the Bank's engagement in private sector advice

The 6th European Union-African Union Summit was held in Brussels last month. This event - which is held every three years is designed to offer a separate platform for dialogue and setting a common political agenda, along with the existing set of policies between the members of the EU and AU.

Ahead of the 6th European Union - African Union Summit, a coalition of African and European civil society organisations issued a declaration to urge governments and institutions to build a new AU-EU partnership based on equality, inclusivity, mutual accountability, shared values and prosperity.

Last week, the OECD’s Development Assistance Committee (DAC) failed to agree on a plan to report the donation of excess Covid-19 vaccine doses as aid. Yet, donors willing to report their excess vaccine donations will still be able to do so as in-kind donations, despite the lack of agreement.

Ahead of the adoption of the EIB’s Environmental and Social Sustainability Framework (ESSF), civil society call on the EIB Directors to adopt a stronger set of policies and standards guiding its future operations, especially at a time when the EIB is creating a development branch and undergoing a transformation into the “EU Climate Bank”.

81 civil society organisations call on the IMF Board to support an open and meaningful public consultation process around the forthcoming Gender Strategy.

An open letter to the OECD by Eurodad and other civil society organisations on the latest proposal for valuation of donations of excess Covid-19 vaccine doses to developing countries in ODA.

The 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.

A coalition of Civil Society Organisations issues a joint statement addressed to the World Bank Executive Directors to express concern about inadequate World Bank CSO engagement on key policy processes, such as the IDA20 replenishment and Development Policy Financing retrospective.

Eurodad is disappointed with the content of the report “Building Back Better from the Crisis: Toward a Green, Resilient and Inclusive Future,” which on the replenishment of IDA and is due for endorsement by IDA Deputies in mid-December.

Join Eurodad at the virtual Policy Forum 2021 taking place from 22 to 25 November.

G20 leaders met in Rome last weekend (30 and 31 October) to address what they termed “today’s most pressing global challenges”. In the end they took no meaningful new decisions. The photo opportunity with G20 leaders throwing a coin into the Trevi fountain was a potent symbol of what the Summit turned out to be: wishful thinking without any action.

Civil society organisations and movements launched a landmark manifesto calling for a renewed approach to public services, such as education, energy, food, health and care services, housing, social security, telecommunications, transportation, waste collection and disposal, and water and sanitation, to address the ecological, inequalities and other crises the world is currently facing. 

Read the manifesto in English | Spanish | French | Portuguese | Russian | Swahili

Sign the manifesto

As public development banks gather at #FinanceInCommon2021, a coalition of more than 280 civil society organisations call for an immediate end to the financing of corporate agribusiness operations and speculative investments. 

Today, AFRODAD, the Bretton Woods Project and Eurodad issued a joint statement ahead of the World Bank's International Development Association (IDA) October Forum, which will address critical issues regarding ongoing discussion over IDA20 replenishment. This comes ahead of a meeting of IDA Deputies later this month.

Eurodad calls for an ambitious IDA20 replenishment package that ensures that developing countries have access to concessional resources to address their democratically-determined recovery needs.

280 civil society organisations and academics call on the G20 to agree fair channeling of Special Drawing Rights to countries who are in greater need.

Urgent action is needed to ensure 2021 marks the end of international public finance to fossil fuels. This would free up significant support for clean energy and a just and equitable transition worldwide.

Join Eurodad and partners at the World Bank Group - International Monetary Fund Annual Meetings this October

Eurodad joins Counter Balance and other CSOs to call on the European Investment Bank to use the ESSF review to truly make the EIB  responsible lender.

Eurodad's response outlines recommendations on the need to reflect climate risks, climate impacts and vulnerabilities.

This joint advocacy letter urges the European Investment Bank to ensure a meaningful public consultation. 

A summary of key issues emerging from recent high-level event on SDR recycling mechanisms, funds, and vehicles.

This is a guest blog written by Bhumika Muchhala (Senior Policy Researcher on Global Economic Governance, Third World Network), and Christopher Hope (Policy Officer, Bretton Woods Project).

While the Leaders' Summit on Climate brought together climate laggards and climate-vulnerable countries, the ‘invite-only’ nature of the Summit is another reminder that the climate agenda is still largely driven by rich, developed countries.

By Leia Achampong (Eurodad) and Carola Mejia (LATINDADD)

This year, the ECOSOC Financing for Development Forum took place virtually from 12 and 15 April.

In this joint statement, 77 civil society organisations across the world, including Eurodad, call current ODA levels 'economically unwise and morally flawed' given the current pandemic and interconnected crises, including climate change, conflict, fragility, and rising poverty and inequalities.

Eurodad's policy experts reflect on the 2021 IMF and WBG spring meetings, raising concerns of an insufficient response and the inability of the Bretton Woods Institutions to put global social equity at the heart of long-term plans to rebuild fairer post-pandemic.

What are Special Drawing Rights and why are they so important to the global recovery post-Covid? Find out more in this interactive infographic. 

Read our detailed analysis on SDRs | Click to expand the infograph

The US$650 billion allocation of SDRs proposed by the IMF will not support the post-Covid economic recovery of the poorest countries. In the following article, we set out the argument for a much larger allocation, one worth US$3 trillion.

Eight international civil society organisations welcome a resolution of the United Nations Human Rights Council adopted by consensus on 23 March 2021 affirming the crucial importance of investment in public services for the realisation of economic, social and cultural rights.

Urgent call to the World Bank Group to strengthen public health financing and refrain from promoting public-private partnerships in health care

More than 300 civil society organisations and academics from across the world call upon the World Bank Executive Directors to end the publication of the World Bank’s Doing Business report.

2021 brings the hope that the Covid-19 pandemic can be controlled, but existing inequalities are exacerbating access to the vaccine and with it, return to normal life. Here we set out what we expect to be the biggest issues we face as a network in the coming year.

Eurodad pays tribute to the pioneering activism of Soren Ambrose, who dedicated his life to the cause of justice.

A new and exciting opportunity to co-lead Eurodad's policy and advocacy team working on development finance.

Following the conclusion of the first Finance in Common Summit, APMDD, AFRODAD, Latindadd, Third World Network and Eurodad have issued the following response.

From 10-12 November, the first summit of Public Development Banks, the Finance in Common Summit, will be held.

Last week was a crucial week for the citizens of developing countries, who are being hit hard by the Coronavirus crisis. They are facing increasing poverty, growing inequality and uncertain futures – and were looking to the world's leaders for decisive action. Yet despite a week of stirring rhetoric from G20, International Monetary Fund (IMF) and World Bank (WB) leaders, who claim they are determined to tackle the crisis, the results are deeply disappointing. What is clear is that world leaders and the Bretton Woods institutions need to take much more ambitious steps to deliver in the public interest. 

The upcoming Development Assistance Committee (DAC) High Level Meeting (HLM) provides an opportunity for DAC Members to commit to doing development better. This joint civil society submission represents the views of a group of 26 civil society organisations (CSOs) from the global south and the global north.

This submission represents the views of a group of 25 civil society organisations (CSOs) from the global south and the global north.

The dual crises of Covid-19 and climate change represent an opportunity for the European Investment Bank (EIB) to become the world's first Climate Bank. 2020 also marks the year in which the EIB will develop a Climate Bank Roadmap.

The Next Generation EU fund offers a step in the right direction, however it must work to strengthen climate and environmental action, development co-operation, human development, gender equality, human rights and democracy, humanitarian assistance and peacebuilding.

This submission represents the views of a group of 29 civil society organisations (CSOs) from the global south and the global north.

The International Monetary Fund (IMF)-World Bank virtual Spring Meetings took place as global economic turmoil deepened

On 4-6 November 2019, the UNCTAD Intergovernmental Group of Experts on Financing for Development met in Geneva to continue discussions on the issues, concerns and challenges raised in the Addis Ababa Action Agenda.

Thirty-five civil society organisations have today signed a declaration rejecting the IMF austerity policies implemented in Ecuador, Argentina and Haiti.

This submission represents the views of a group of 27 civil society organisations (CSOs) from the global south and the global north.

Public-Private Partnerships are a deeply worrying trend and carry far more risk for the state than for the private companies involved, writes Enrique Guerrero Salom.

This article was originally published in the Parliament Magazine.

CSOs’ recommendations for the use of Official Development Assistance (ODA) to support private investments in developing countries, ahead of future EU Multiannual Financial Framework discussions.

The Spring Meetings of the IMF and World Bank took place amid warnings of a ‘borrowed boom’ as an uptick in global growth was matched by global debt levels reaching record highs. 

The 2017 spring meetings of the IMF and World Bank, which also included the second edition of the Global Infrastructure Forum, took place against the uncertainty generated by geopolitical changes such as the election of President Trump in the US and the formalisation of the UK’s exit from the European Union.

The Fourth International Conference on Financing for Development (FfD4) is scheduled to take place from 30 June to 3 July 2025, in FIBES Sevilla Exhibition and Conference Centre, Spain. The outcome document of the conference, entitled Compromiso de Sevilla, was adopted on Tuesday 17 June, at the second part of the fourth Preparatory Committee meeting in New York (the recording can be watched here). However, there are still relevant opportunities and side events to explore as we move towards a post FfD4 context.

Over 200 civil society organisations are urging European leaders to commit to a transformative and ambitious agenda of financial architecture reform at the Fourth International Conference on Financing for Development.

Fifty days ahead of the 4th UN Financing for Development Conference (FfD4), a coalition of nine EU NGOs are launching the campaign “Era of Justice” to show how the multiple crises our world is living are deeply interconnected and to call on governments to take decisive action.

A selection of key publications published by Eurodad and other CSOs in 2024.

Last week, civil society organisations mobilised online and offline during the Global Week of Action for Climate Finance and a Fossil-Free Future, calling on global north governments to meet their climate finance obligations in full.