As the board meeting of the new Green Climate Fund (GCF) gets underway, a new Bretton Woods Project blog looks at the track record of climate finance to date through the World Bank-hosted Climate Investment Funds.
Bretton Woods Project coverage of the 2014 annual meetings with links to analysis of the communiqués and notes of key civil society and official meetings.
World Bank’s Inspection Panel's new pilot process has left some 9,000 evicted people in Nigeria without adequate remedy, allowing the Bank to avoid accountability
World Bank health financing benefits wealthy elites not poorest according to new IEG evaluation and Oxfam analysis
Ghana's recent turn to the IMF raises questions about the 'Africa rising' narrative and may signal a stronger role for the Fund in the region.
The IFC is set to expand operations in fragile and conflict-affected states such as Burma, despite indications that systemic problems identified in Honduras persist.
IFC investments in Burma hotels have been criticised for weak poverty reduction impact. IFC claims that investment in luxury hotels in India will provide “affordable hotels”.
The Global Infrastructure Facility is expected to be launched as a World Bank-hosted programme in October. Concerns remain about the Bank’s continued support for fossil fuel infrastructure.