COP29 and G20 summit reactions
Multilateral development banks were given a key role at the recent UN climate conference (COP29) and the G20 summit
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Are multilateral development banks a safe pair of hands with climate finance?
Our report reveals that funding named as “climate finance” by MDBs is funding fossil fuels and failing to prioritise the most climate-vulnerable countries,
Alarm over proposed new Full Mutual Reliance Framework
A newly proposed framework for co-financing by the World Bank and the Asian Development Bank risks diluting accountability and people’s rights to remedy.
About us
Recourse targets development finance as a means of influencing the wider investment community, financial flows and governments, to ensure inclusive, environmentally sustainable, socially just and pro-poor development.
How we work
Campaign
- Partnering with others to influence decision-makers and hold financial institutions to account.
- Advocating to shift policies and practices to ensure inclusive, environmentally sustainable, socially just and pro-poor development.
- Using evidence-based research and advocacy to build a compelling case for change.
Support
- Partnering with local communities and civil society to secure their rights and fight discrimination.
- Working in solidarity with local communities to open political space and ensure their voice in development decision-making.
- Supporting communities who have suffered harm to gain remedy and justice.
Multiply
- Building coalitions to be greater than the sum of our parts and maximise impact.
- Movement-building to foster long-term systemic change.
- Networking and capacity-building to create an informed and engaged movement to hold financial institutions accountable.