Oxfam Washington DC
@OxfamIFIsOxfam International's DC advocacy office ǀ targeting & tweeting about international financial institutions, primarily @WorldBank & @IMFNews
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8 questions you had about @Oxfam’s @WorldBank climate finance report —answered. oxfam.org/en/blogs/8-que…
Current levels of climate finance are woefully inadequate, and we desperately need much more of it. We also need to know that the money is being used effectively. @Oxfam found that up to $41 billion in @WorldBank climate finance is unaccounted for. 👉 oxf.am/ClimateFinance…
#COP29 NEWS ➡️ Climate Resilient Debt Clause now covers all natural disasters & health emergencies expanding lifeline to small states hit by disasters. ➡️Multilateral Development Banks to boost climate finance with $120B per year for low & middle income countries by 2030.
An @Oxfam audit of the @WorldBank's climate financing found that the money the Bank claims it disbursed could be off by as much as $41.3 billion. Poor record-keeping is at the center of the discrepancies. @TriplePundit triplepundit.com/story/2024/wor…
Who can’t afford to get ill? The missing target in the World Bank’s drive for Universal Health Coverage. The #IDA21 policy package must measure what matters – and what matters is billions are being forced into poverty and hardship by the cost of care. views-voices.oxfam.org.uk/2024/11/who-ca…
.@Oxfam says $41 billion of the @WorldBank's climate spending "effectively unaccounted for." The Bank has pledged tens of billions to climate projects but can’t say how much was actually spent due to poor record-keeping. @ICIJorg @DavidKenner icij.org/news/2024/11/o…
#DYK the World Bank is the largest multilateral provider of climate finance? Our paper finds that nearly 40% of all climate funds disbursed by the World Bank are unaccounted for. Learn how this could undermine trust in global climate finance efforts: policy-practice.oxfam.org/resources/clim…
The @IFC_org is not properly tracking greenhouse gas emissions, effectively evaluating less polluting alternatives, or putting in place appropriate mitigation measures. @devex devex.com/news/ifc-watch…
80 years post-Bretton Woods: Development Committee’s #AnnualMeetings2024 statement highlights @WorldBank’s failures amid compounding crises and divided stakeholders blocking reform #WBGMeetings #BWIsAt80 tinyurl.com/DevCoAnnuals24
Care is a Human Right! #RightToCare On #InternationalDayofCare let’s value care work—often unpaid and undervalued, especially for women & marginalised communities. It's time to recognise, redistribute, & reward it fairly. 🔁 Share to show you care! 💖 Credit: Amine Ouadrhiri
Tale of two emergencies : debt & austerity Jane Nalunga @SEATINIUGANDA shared how the african economies are traped in economies focused on commodities export & debt cycles 'We need to look at how to transform our economies to get out of the debt and austerity trap'
⚠️With forecasts of high public #debt levels + low growth, @WorldBank & @IMFNews's have failed to fulfil their mandate. ❌In the face of inequality & a #ClimateEmergency, they've stuck to tried & failed recipes. Read our #AnnualMeetings reaction ➡️ ow.ly/5Xtb50TTAUA
Records on what the World Bank spends to help countries fight climate change are spotty and inconsistent, @markgongloff says trib.al/6ivgn0f via @opinion
The @WorldBank somehow lost track of at least $24 billion. The largest public bankroller of projects to help countries fight climate change has an enormous accounting gap, according to @Oxfam @opinion @markgongloff bloomberg.com/opinion/articl…
📢EVENT ALERT📢 Join us today at 3:15-4:45 pm ET for a @WorldBank #WBGlMeetings #CSPF2024 panel examining #Remedy, #DFI involvement in Dispute resolution for communities harmed by development projects 💻Online: bit.ly/CIEL-cspf-2024 📍In person: WBG “I” Building: I 2-220
Today at #WBGMeetings📍Join us for a panel on the rising importance and impacts of guarantees in light of the World Bank's Evolution Roadmap. With speakers from @MIGA and various organisations. ⏲️ 13:00-14:40 🏢 Building I, room I 2-250 📺 Livestream worldbank.org/en/meetings/sp…
An @Oxfam analysis of 17 recent @IMFNews programs found that for every $1 the IMF encouraged countries to spend on social protection, it told them to cut $4 through austerity measures. @CADTM_int cadtm.org/IMF-and-BRICS-…
Our Founder and President, Erica Payne, spoke on a panel this morning at the Annual Meetings of the World Bank and International Monetary Fund about the urgent need to tax the ultra-wealthy.
"In the proposed #IDA21 policy package, there are no country level commitments on gender equality. Can you explain how we can interpret this as anything other than a step backwards from IDA and the @WorldBank on gender?" said @Oxfam's @talphil2005 at the #AM2024 IDA Forum.
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Oxfam International Media Team
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Bank Information Center
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Max Lawson
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Deepak L Xavier
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Oxfam in Southern Africa
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Recourse
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EQUALS: Reimagining Our Economy
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María José Romero
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