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.

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.

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.

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