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

Author
Paige Arthur
Content Type
Policy Brief
Institution
Center on International Cooperation
Abstract
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. Now, with the UN and the IFIs mobilizing in response to the COVID-19, the progress made in recent years will be tested. There is a risk that these opportunities will be overshadowed by the colossal need generated by the pandemic—but the scale and urgency of the crisis is also creating new opportunities for UN-IFI collaboration. This briefing provides an external perspective on the evolution of the UN-IFI relationship over the past three years. The first part of the stocktaking will focus on the UN-World Bank relationship, followed by a brief overview of partnership with the IMF. It is written for a broad audience—across the UN system, the World Bank and other IFIs, UN member states, civil society, and beyond—and aims to build consensus on next steps needed to accelerate implementation of a preventive approach.
Topic
United Nations, Fragile States, Multilateralism, Crisis Management
Political Geography
Global Focus