Target 10.6: Developing-country voice in global institutions
Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutions
This moves without owners. Other levers carry it.
Why shareholder democracy is independent
IMF quota and World Bank voting-share reform is decided by member governments. The Bretton Woods Project notes the U.S. Congress has not authorized the quota resources agreed in December 2023 and that Global North shareholders resist addressing the institutions' democratic deficit. The same source criticizes the Bank's reliance on the private-finance 'Cascade' model, which is corporate benefit rather than corporate control over developing-country voice. We found no shareholder resolution or corporate lobbying record bearing on IFI voting rights, so this target offers no corporate or lobbying lever.
How this was scoredIndependent
Independent. This moves without owners. Other levers carry it.
We have not yet written down the two answers behind this rating. Recording them on every item, so a reader can check the reasoning and not only the conclusion, is work in progress.
Every rating is the higher of two answers, one for what companies do and one for what they spend to stop the outcome, because the same vote reaches both. See the full method.
Sources
No shareholder advocacy found yet
We looked and found nothing that met our standard, which is a source we opened and confirmed. IMF quota shares and World Bank voting weights are set by member governments and, in the United States, require Congressional authorization. Shareholders of listed companies have no mechanism bearing on this. No ownership-based advocacy located.
How this rating was made
Every item on every one of our maps is read against one question: how far does this depend on the people who own companies voting their values? We answer it twice, once for what companies do and once for what they spend to stop the outcome, and take whichever answer is higher, since the same vote reaches both. The score carries its reasoning and its sources so that a reader can check it rather than take it.
- Pivotal. Owners voting their values can deliver most of the outcome.
- Necessary. Owners remove an obstacle nothing else removes, and others must also act.
- Helpful. Owners voting their values help, and others carry most of it.
- Independent. This moves without owners. Other levers carry it.
The advocacy record on this page holds only what a source we opened says happened. Where we searched and found nothing, the page says so rather than leaving a silence. Where a campaign names a filer the source does not name, it says that too. Ratings are ours; the list of subjects is UN Sustainable Development Goals's, and we link to their original.
How we score dependency, in full.