Decisions taken this week at the World Bank have created uncertainty around the Bank's future role in climate finance and its commitment to climate action.
This blog has been written jointly by Bertha Argueta Tejeda (Eurodad) and Rebecca Thissen (CAN-International).
Following years of debate, the Council of the EU has adopted its common position on the Global Gateway strategy, which was launched in 2021. Read our full reaction.
More than 90 organisations have signed an open letter to World Bank President Ajay Banga and the Executive Directors calling for the Bank to clarify the future of its Climate Change Action Plan, which is due to expire on 30 June, without any clear successor.
Aid to the Global South plummeted in 2025, putting millions of lives at risk. Explore the most significant trends within this preliminary data in the following infographics.
Against a backdrop of war, aid cuts, mounting debt & austerity, the response from the International Monetary Fund (IMF) & the World Bank at this week's Spring Meetings risks deepening the global humanitarian crisis, unless there's urgent action on debt relief, adequate financing and governance reform.