Spring Meetings

Strengthening UN-IFI Collaboration

The power of multilateralism lies in the ability to galvanize global resources—human, financial, technological, and others—towards addressing pressing challenges at the global, regional, and country-level. Having a strong partnership between the UN, the World Bank, and the International Monetary Fund (IMF) is vital as they play a critical role supporting the global development process. It has become apparent that collaboration between the UN and the International Financial Institutions (IMF and World Bank) is vital for effectively understanding how macroeconomic risks interact with political risks in contributing to fragility, conflict, and violence. Thus, this program was born.

Strengthening Collaborational Between the UN and International Financial Institutions

CIC has been implementing this program, which is aimed at supporting dialogue between the UN and IFIs that prioritizes finding actionable ideas for enhancing links between their work.

The objectives of this program include:

  • Inter-organizational learning occurring through CIC-facilitated exchanges between the UN and the IFIs.
  • Deepened country/region-specific understanding of opportunities, benefits, and modalities for UN-IFI collaboration.
  • Member states improving their coherence and alignment in the signals they provide in UN-IFI governing bodies.

IMF Conference: Fragility, Conflict, and Macroeconomic Policy in a Shock-Prone World

View Resources

  • Publication: Policy Brief December 9, 2020 Promoting and Defending Multilateralism

    Strengthening Approaches to Conflict Prevention and Peacebuilding at the UN and IFIs: Key Ideas and Recommendations

    All three of the recent UN secretary-general reports on peacebuilding and sustaining peace (2018, 2019, and 2020) take note of the need to enhance collaboration between the UN—not only its development system but also its peace and security and humanitarian arms—with international financial institutions (IFIs), namely the World Bank and International Monetary Fund. This note provides a set of recommendations, with a view to strengthening strategic and policy collaboration across the three institutions in fragile and conflict prevention situations.

  • Publication: Policy Brief October 15, 2020 Promoting and Defending Multilateralism

    A Stocktaking of the UN-IFI Relationship on Prevention and Peacebuilding, 2018 to 2020

    In 2018, the United Nations (UN) and the World Bank published a groundbreaking report driven by the conviction that the international community’s attention must urgently be rebalanced from crisis response to prevention. Pathways for Peace offered a joint framework for conflict prevention, and as it has gathered momentum, other international financial institutions (IFIs)—such as the International Monetary Fund (IMF)— have re-examined their approach to fragile and conflict-affected countries. The first part of the stocktaking will focus on the UN-World Bank relationship, followed by a brief overview of partnership with the IMF.

  • Publication: Report March 29, 2021 Promoting and Defending Multilateralism

    Fuel Subsidy Reform in Fragile States: Forging a Constructive IFI-UN Partnership

    Even before the COVID-19 pandemic, fragile states around the world struggled to manage complex and interacting risks. This policy paper outlines a series of opportunities and challenges for constructive partnership among the IFIs and the UN in fragile states and applies these lessons to the specific issue of fuel subsidy reform, a policy option under consideration to manage mounting fiscal pressure in countries as diverse as Sudan and Lebanon.

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