Wednesday, 21 November 2007

US coalition calls for World Bank reforms

A coalition of US development and environmental groups has released a joint platform containing needed World Bank reforms, ahead of the 15th replenishment of the International Development Association (IDA) negotiations in Dublin, Ireland. As World Bank President Robert Zoellick ramps up a $37bn fundraising campaign to replenish the Bank's International Development Association (IDA), a coalition of US development and environmental groups has released a joint platform containing needed World Bank reforms. The platform identifies three critical reform areas the World Bank needs to address: ending economic policy conditionality, fighting energy poverty and climate change and increasing transparency and accountability at the World Bank. The coalition has also launched a lobbying campaign urging the US Congress to require World Bank reforms while considering requests for additional appropriations for the World Bank in 2008.

A similar campaign is underway in Europe.

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