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Critical voices on the World Bank and the IMF
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Fuelling inequality: The gendered impacts of World Bank and IMF fuel subsidy removal
New BWP’s research provides evidence of the negative gendered impacts of fuel subsidy removal policies in Egypt, Kenya and Bangladesh.
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Grading the World Bank Group on climate justice principles: A scorecard on the Bank’s 2025 climate finance
BWP’s scorecard gives World Bank’s a C- on its reported climate finance for FY 2025.
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Call for just transition becomes COP30 rallying cry, as doubts remain over MDBs’ growing climate finance role
Global South unions call for ‘clean break’ with World Bank’s ‘billions to trillions’ approach in the energy sector.
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Future of IMF’s climate work uncertain, as climate crisis intensifies
US hostility to IMF’s climate work risks further exacerbating macroeconomic fallout from climate crisis.
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International Court of Justice ruling delivers ‘earthquake’ on states’ obligations to address climate crisis
Landmark opinion confirms states have a binding legal duty to prevent climate harm, which has implications for their ‘voice and vote’ at IFIs.
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New data reveal World Bank DPF ‘climate finance’ carries strong private sector bias, undermining a just transition
While the World Bank counted 70 per cent of energy-sector reforms in Development Policy Finance as having ‘climate co-benefits’ between 2018-2023, most promoted a private-led energy transition.
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COP29 sees MDBs climate finance take centre stage, as civil society brands new climate finance goal a ‘betrayal’
Rich countries agree to provide a paltry $300 billion in public finance by 2035 including funds channelled through MDBs, as Small Island States and Least Developed Countries stage walkout.
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BWP’s new briefing finds year one of World Bank’s Paris Agreement alignment in the energy sector deepened ‘green conditionalities’
New BWP briefing on the World Bank’s Paris Agreement alignment in the energy sector finds that, in its first year, the focus was on deepening ‘green conditionality’ and structuring a private sector-led energy transition.
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Year one of World Bank Paris Agreement alignment in the energy sector: ‘green conditionality’ dwarfs green investments
New BWP research finds the Word Bank’s approach to Paris alignment is being used to a significant extent to impose ‘green conditionalities’ on borrowing countries, especially in the Global South.
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Indonesia JETP’s promotion of renewable energy privatisation opposed by unions and civil society
Indonesia’s Just Energy Transition Partnership bears the clear handprint of the World Bank’s private-sector led approach to power sectors in the Global South, creating opposition from unions and civil society.
