What would it look like today if major multilateral finance institutions like the World Bank had never adopted the climate agenda as a binding constraint on their operations? Unfortunately, we have a real-world approximation of that hypothetical in the form of Chinese development finance. At least, ...
Last week, the United States Supreme Court heard oral arguments in Jam et al v. International Finance Corporation. At stake: the extent to which international organizations including the IFC enjoy immunity from prosecution in US courts.
From the Bretton Woods Committee: "On October 10, 2018, the Bretton Woods Committee held its annual International Council meeting in Bali, Indonesia alongside the International Monetary Fund and World Bank Group Annual Meetings. An esteemed group of global leaders joined approximately 75 Commit...
When the finance ministers of the G20 countries set up an Eminent Persons Group 18 months ago, many observers were both hopeful and skeptical about the likely outcome. Now that the EPG’s report is out, what’s the verdict on how transformative its efforts will be?