This blog analyses the World Bank’s 'Evolution Roadmap' and is written by Bhumika Muchhala, from the Third World Network and Eurodad's Maria Jose Romero.
Global Processes
The World Bank’s Evolution Roadmap needs a rethink to deliver for the global south, say more than 70 civil society organisations and individuals
As discussions on World Bank reform continue, the briefing makes six key recommendations in order to #RerouteTheRoadmap.
- Development Finance
- IFIs
Civil Society calls for rethink of World Bank’s Evolution Roadmap as part of wider reforms to highly unequal global financial architecture
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.
- Development Finance
- IFIs
The good, the bad, and the ugly of Macron's Global South summit
Last week's Summit in Paris ended without tangible results. Eurodad's debt expert, Iolanda Fresnillo, argues in EU Observer that it is time to leave distractions like the New Global Financing Pact behind and focus on more serious processes, where all countries can participate on an equal footing.
- Development Finance
- Global Processes
Summit for a New Global Financing Pact: A distraction which produced false solutions that we have heard before
The Summit fell far short of the policies needed to address the global debt crisis, the climate emergency, poverty and inequality - issues which can only be addressed in a fair and inclusive manner in the United Nations, and not in Paris.
- Development Finance
- Debt Justice
Rich countries increasingly the recipients of their own aid, according to OECD DAC data
Despite a seeming increase total official development assistance, Eurodad's Nerea Craviotto warns that today's figures are nothing to celebrate. The current levels of ODA do not meet the challenges the world is facing, and are a long way off meeting the 0.7% of GNI target.
- Development Finance
- Global Processes
Join Eurodad and partners at the CSPF and WBG/ IMF Spring Meetings 2023
Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings from April 10 to 14.
- Climate Finance
- IFIs
Open civil society letter on the IMF, WB and G20 Presidency Global Sovereign Debt Roundtable
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.
- Debt Justice
- Debt Resolution
New rules for loans and credit guarantees to the private sector raise questions about the OECD-DAC’s motives as aid providers
This week's negotiations, and subsequent agreement, on new reporting rules are an opportunity for OECD Development Assistance Committee members to show they take their financial commitments towards the global south seriously.
- Aid Effectiveness
- Aid Quality