Scientists from 99 nations issued a report in late January that predicted severe climate change. Robert Watson, chairman of the Intergovernmental Panel on Climate Change and chief science adviser to the World Bank said “the poor in developing countries will be the most affected” mainly through droughts and other disasters. In the most extreme projections the report said melting polar ice could raise sea levels by up to three meters over the next 1,000 years. The report is the most authoritative evidence yet to warn that air pollution threatens to drastically shift weather patterns.
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Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).