📣We invite you to join us at the World Bank /IMF Spring Meetings

Join our events listed below & discuss how to make the World Bank IFC & IMF put justice for people and planet first

See our advocacy priorities: bit.ly/4atP6L1

#GasisNotGreen #Accountability

💨There's a storm brewing... a social media storm... 15th April! Join us!

#80YearsAreEnough
#BrettonWoods #CancelTheDebt

#DebtForClimate

🔖 Bretton Woods Proj.'s new report shows the downside of World Bank reforms for a private sector-led energy transition and what this means for LMICs.

Privatizations = 📉country ownership & energy sovereignty // 📈 energy prices for people

The #Covid -19 pandemic laid bare the inequalities in the global financial system. LMICs faced limited fiscal space, highlighting the need for reform. 🧵1/6

#SDRs #ClimateFinance

Jon Sward Niranjali Bretton Woods Proj. Action Corps

As we call for a transition to 100% renewable energy, 40 CSOs from around the globe have send an open letter to the World Bank President Ajay Banga asking him to take extreme caution and due diligence with investments in transition minerals. #TreadLightly
re-course.org/newsupdates/op…

Over 40 NGOs tell World Bank president that as the demand for transition minerals rises, so does the requirement for due diligence for social and environmental protection, upholding human rights and putting communities at the centre of mineral projects.
re-course.org/newsupdates/op…

🔵 #SpringMeetings – #CSPF2024 EVENT | We invite you to our session The future of Special Drawing Rights as a development finance tool: What’s next? where we will debate the merits and caveats of future SDR allocations and reforms, their use for development and climate finance.…

Today, over 540 CSOs jointly urged the IMF Executive Board to abolish its surcharge policies, highlighting the detrimental impact on heavily indebted nations, especially amidst pressing global challenges.
#StopIMFSurcharges
Read :  bit.ly/3U9idNW

⚡ NEW⚡Global North G20 countries put 58X more public finance into climate-wrecking fossil fuel projects each year in 2020-2022 than they have in the new #lossanddamage fund. There's no scarcity of public money, it's just flowing to the wrong places! priceofoil.org/public-enemies/

📢New Banking on Climate Chaos 2023 frontline story:

For decades, residents of Kobe City, Japan, have been fighting against the severe local health and climate risks from coal-fired power plants in their city.
youtube.com/watch?v=YDX0dq…

🚀 Now OUT: New BWP report analyses energy conditionalities in World Bank DPF, which is paving the way for energy privatisation in LMICs - constraining different energy transition models rooted in sovereignty and national ownership

tinyurl.com/DPF2024

🧵1/

📢 THIS TUESDAY join us for a X Space discussion on the demands we should be making of The @worldbank Group ahead of the Spring Meetings.

🗓️ April 9, 12.30PM BST twitter.com/i/spaces/1RDGl… #WorldBankWorldProblems

The international financial and legal systems lock-in and encourage fossil fuels. How? A terrifying example in this report. This needs to change and fast.

El Fondo Monetario Internacional dice que lucha contra el #cambioclimático pero obliga a los países deudores a profundizar la extracción de combustibles que hacen subir la temperatura.

Lee el reporte completo realizado por @pxp_lac y Recourse
🔗 bit.ly/ReporteFMI