Despite World Bank's One Planet Summit announcement that it will stop funding oil and gas extraction after 2019, it still has much to do to fully decarbonise its lending portfolio.
World Bank support for a draft mining law in Haiti is criticised for lack of stakeholder engagement, as civil society fears that the plan will do little to protect local communities.
The Inspection Panel has deferred a decision to investigate a complaint regarding environmental, social and economic damage related to a World Bank funded mining project in Mongolia.
Notes from a meeting on energy during the World Bank spring meetings.
What’s the issue? Energy is a crucial economic sector which has a disproportionate influence on…
A World Bank report calling for closer collaboration between mining and energy companies in Africa is criticised for underplaying risks and neglecting more efficient energy options for the poor.
Criticism of World Bank-supported mining activities in Haiti, Honduras and Armenia reveal that the Bank is still associated with controversial extractives projects.
Civil society groups criticise IFC investments worth hundreds of millions of dollars in mining projects in Guinea, Mongolia and Armenia for potential negative social and environment impact.
IFC’s accountability mechanism has criticised a series of errors in IFC’s social and environmental risk management of its Peruvian Quellaveco mine investment.
Civil society challenges ICSID role in El Salvador mining dispute as international lawyer accuses the arbitration forum of being “seriously flawed”