A new safeguard is needed for the World Bank Group’s riskiest investments⚠️ As IFC reviews its environmental & social safeguards, it should introduce a new safeguard on financial intermediary lending Read about the review and our must-haves bit.ly/IFC-FI25 ⤵️ 🧵

Full house for Recourse | @re-course.org on Bluesky #smcs025 event at World Bank on IFC sustainability framework review. Great discussions on FPIC, disclosure, financial intermediaries and much more

This week I am representing Recourse | @re-course.org on Bluesky at UN Finance for Development #FFD4 meetings in New York. Joining many of our allies and partners in Civil Society Financing for Development Mechanism #FFD4. Aiming for progress in discussions on debt and international financial architecture.

At the #FFD4 talks, civil society amplifying important calls for a debt convention, which needs to be an outcome. More urgent than ever as UN Trade and Development says external debt of developing countries has hit a record US$11.4 trillion.

Responding to mariana paoli at the #FFD Forum, @WBG tried to reassure Civil Society Financing for Development Mechanism that private finance-first approaches will mobilise more resources for development Not sure who needs convincing, @WBprez who called B2T 'unrealistic' or WB chief economist who called it a 'fantasy' 🤷‍♀️

Listening to country after country in global South demanding IMF governance and SDR reform, i.e. the fundamentals of the institution at #FfD4 Robert Powell are you listening? Or are all these countries still misunderstanding how the IMF works?

At NY climate week in 2022, a senior person working in philanthropy said to me "we need to figure out how to get the climate movement stoked to push JPMorganChase to finance more windmills." It's been haunting me ever since, so we wrote a report and it's in the Financial Times (!) 🧵

#SB62 outcome - Climate Action Network response: Civil society’s #JustTransition priorities were officially tabled in the UN climate process in Bonn, thanks to relentless pressure from social movements, workers, and frontline communities. Now to #COP30! climatenetwork.org/2025/06/26/bre…

A powerful response to an outrageous approach

💸 The latest #ClimateFinance figures from multilateral development banks are out — but they don’t add up for developing countries. Read reactions from finance & accountability experts in The Big Shift Global and Climate Action Network International (CAN) ⬇️ linkedin.com/pulse/mdb-clim… #MDBs #COP30

"The African Climate Summit showed Africa’s resources and ambition —now accountability and delivery must follow, because climate justice demands real finance and real action. "We cannot solve a crisis we did not cause with loans that deepen debt." 📣Rajneesh Bhuee as #ACS2 ends

Only 4 years ago, IMF recognised that climate change poses risks to macroeconomic stability. It cannot be ignored. Our new report shows how and why the #IMF can't give up on climate, with recommendations for its Surveillance review. 👉 bit.ly/IMFsurveillance #IMFmeetings

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