MDB and IMF Reform at the Spring Meetings

April 2023

With this year's Spring Meetings in progress, all eyes are on the World Bank and the push for reform. Major shareholders have put forward plans to have the  World Bank take a more central role in the fight against climate change, but they'll need to navigate concerns about spreading the institution's focus and firepower too thin. As many developing countries face looming debt problems, the IMF has a key role to play in helping them respond.

This series of blog posts from experts across the Center for Global Development puts forward tangible policy “wins” for the World Bank or other IFIs that could emerge from the Spring Meetings.

More from the Series

Blog Post

When It Comes to World Bank Reform, April Will Be Disappointing. But that Shouldn’t Be the End of the Story.

April 05, 2023
Reform of the World Bank is in the eye of the beholder—not just how it’s going, but even what it is. With so many issues still to work out, next week's Spring Meetings are likely to be disappointing for those hoping for swift movement. But there's still room for ambition and optimism in the longer t...
Blog Post

The Road to a Better World Bank Starts with a Commitment to IDA

April 04, 2023
IDA has emerged as the largest financing arm of the World Bank Group in the last few years, and demand remains high. But IDA has not featured as prominently in the World Bank reform and roadmap conversations as IBRD. The Spring Meetings are an opportunity to change that.
Blog Post

The Spring Meetings Should Launch a Climate-Dedicated IBRD Capital Increase

April 03, 2023
The World Bank shouldn’t become a dedicated climate bank: that’s not what its client countries want, and the global development agenda (the D in IBRD and IDA) is still urgent. But, with additional finance, the Bank could play an important part in the global response to the climate challenge. That sh...