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Infrastructure

Mapa del Corredor de Gas del Sur. Crédito: Bankwatch

Infrastructure

Analysis

The rise and fall of World Bank funded megaprojects

The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.

31 January 2017
The Inga 1 hydropower project, Democratic Republic of Congo. Photo: International Rivers

Infrastructure

News

World Bank call for hydropower to combat climate change challenged

Calls by the World Bank for hydropower to play a major role in efforts to strengthen resilience to climate change have been challenged by civil society organisations and recent research.

8 February 2016
file00029044167 everystockphoto

Environment

Analysis

Clean Technology Fund (CTF)

An impending shortfall in available resources for the Clean Technology Fund continues to concern, leading to cancellation of projects. Questions were raised about development impacts and reliance on geothermal energy in India and Indonesia's revised investment plans, and on debt sustainability in a Caribbean project.

4 November 2015
Photo: Asian Development Bank

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

Concerns have been raised about the slow progress with the Scaling up Renewable Energy Program in Low Income Countries (SREP). Ghana, Haiti and Nicaragua's investment plans were approved, with questions asked about the loan/grant ratio, promotion of PPPs, and reliance on funding from the Green Climate Fund.

4 November 2015
Oil pumps in Russia. Credit: Gennadiy Kolodkin/World Bank

Environment

Analysis

Climate of controversy

Despite efforts to boost its influence within climate finance circles and a call to “decarbonise development”, the World Bank continues to support fossil fuels.

25 September 2015
Credit: Greenpeace

Infrastructure

Background

Issue overview: World Bank and energy

What’s the issue? Energy is a crucial economic sector which has a disproportionate influence on…

26 August 2015 | Issue overview
Credit: World Bank

Environment

Analysis

Clean Technology Fund (CTF)

Concerns have been raised about a projected shortfall of resources for the Clean Technology Fund, with an early warning mechanism due to be discussed. Questions were raised about development benefits of a Colombia project and on safeguards for a Vietnam project.

6 May 2015
Credit: Asian Development Bank

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

Indicative funding allocations have been agreed for 14 new Scaling up Renewable Energy Program in Low Income Countries pilot countries, however, cautions remained about “unrealistic expectations” about funding availability. Questions were raised about incentives for diesel in a Kenya project.

6 May 2015

Other news

Rights

News

26 September 2016

Indigenous peoples lodge complaint over Bangladesh World Bank project

Indigenous peoples in Bangladesh have submitted a complaint to the Inspection Panel regarding a World Bank funded transport feasibility study.

Infrastructure

News

23 September 2016

World Bank suspends Inga dam funding

The World Bank has suspended funding for the much criticised Inga 3 hydro power project in the Democratic Republic of Congo.

Infrastructure

News

5 April 2016

Investigation on World Bank support for Mongolia mining project deferred

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.

Infrastructure

News

8 February 2016

Report calls on the World Bank not to invest in Kosovo power plant

A report has cast further doubts on the viability and efficiency of the proposed lignite coal power plant in Kosovo which the World Bank is considering supporting.

IFI governance

Background

17 April 2015 | Minutes

What are the trends in the energy sector?

Notes from a meeting on energy during the World Bank spring meetings.

Rights

News

31 March 2015

Bank implicated in Kenya Maasai eviction

The World Bank's Inspection Panel has found the Bank breached its own standards through its involvement in a Kenyan electricity project which has displaced Maasai communities.

Infrastructure

News

12 November 2014

New report highlights lack of MDB spending on energy access for the poor

A new report by Sierra Club and Oil Change International highlights the need for MDBs to establish criteria for energy access for the poor within their energy portfolios in order to achieve the goal of universal energy access by 2030.

Infrastructure

News

29 September 2014

New briefing: Multilateral Development Banks' unburnable carbon

Bretton Woods Project has published a briefing examining five MDBs' fossil fuel investments and exposure to the carbon bubble.