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Critical voices on the World Bank and the IMF
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World Bank’s Climate Change Action Plan extended despite US pressure
World Bank’s 45 per cent climate finance target ‘retired’ after US criticism, with IEG review expected to shape future of CCAP.
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New World Bank mineral and metals strategy challenged to avoid pitfalls of extractionist approach
Despite focus on country mining compacts, World Bank’s new mineral and metals strategy, likely to struggle to escape previous extractionist pitfalls.
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South Africa’s power utility in early discussions with World Bank on nuclear financing
South African civil society warns planned expansion of nuclear power could lead to increased debt and higher energy costs.
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Mission 300 & clean cooking: Delivering energy access, gender justice and health at scale
This session explored how national energy compacts can deliver affordable, accessible cooking solutions at scale through financing models, policy alignment, and accountability mechanisms.
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Will the World Bank be a partner for a just energy transition in developing countries?
As renewable energy finance shifts from China to the World Bank, whether the Bank can be a partner for a just energy transition depends on three areas: strong environmental and social oversight, avoiding a new resource curse in minerals and debt relief during crises.
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World Bank’s controversial support for Inga 3 dam signals return to big hydropower projects
Despite serious concerns from communities and civil society organisations (CSOs), the World Bank’s executive board approved a $250 million loan to the Democratic Republic of Congo (DRC) on 3 June in support of the first phase of the long-delayed Inga 3 dam’s construction. The project, which was first proposed in 2014, has an estimated price…
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World Bank energy strategy review considers reversing phaseout of support for gas production
As World Bank pushes to provide electricity to 300 million people in Sub-Saharan Africa by 2030 under Mission 300, it considers lifting ban on support for gas production.
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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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Mission 300: The high-stakes pursuit of energy transition in Africa
Notes from the Civil Society Policy Forum session on 25 April 2025, titled “Mission 300: The high-stakes pursuit of energy transition in Africa.”
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World Bank’s Mission 300: a path to power, for whom?
Bank’s focus on attracting private investment through energy privatisation raises concerns, as it puts private profits over sustainable energy systems, burdening governments with debt and making electricity less affordable for citizens.
