IFIs

Eurodad

Urgent call to keep defence spending out of the EIB's scope

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.

  • Development Finance
  • IFIs

Joint civil society letter: Consultation process for the EIB Global strategy

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. 

  • Development Finance
  • IFIs

An historic opportunity missed: In the midst of a development crisis gripping most of the world, the IMF and World Bank fail to provide a response

Following the Annual Meetings of the World Bank 2023, we published our reaction.

  • Development Finance
  • IFIs
Eurodad

Join Eurodad and partners at the CSPF and WBG/ IMF Annual Meetings 2023

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

  • Development Finance
  • IFIs
Bhumika Muchhala

The grand narrative of private finance: over-reliance on attracting investment is undermining change at World Bank

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.

Read the full opinion piece on IPS News

  • Development Finance
  • IFIs
Julia Ravenscroft

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.

Read the briefing here

  • Development Finance
  • IFIs
Eurodad

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.

Download the briefing

  • Development Finance
  • IFIs
Polina Girshova

Rebranding or reshaping the global financial architecture? MDBs reform, Bridgetown Initiative and the New Global Financing Pact: Key webinar takeaways

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).

  • Development Finance
  • IFIs
Eurodad

The World Bank’s Evolution Roadmap will not deliver climate justice

The central driver of the World Bank's approach towards resolving the climate crisis places the  private sector as the key provider of finance and centres the WBG as a facilitator of the mobilisation of private capital. Given the Bank's record on climate, together with its plans for the future, such a scenario gives great cause for concern. Furthermore, while rich country governments - the main shareholders of the WBG - are pushing for a greater role of the WBG in climate action, they continue to fall behind on the U$S100 billion annual commitments on climate finance. 

  • Climate Finance
  • IFIs