Articles & resources
Critical voices on the World Bank and the IMF
Filter results
By topic
(0 selected)
By institution
(0 selected)
By geography
(0 selected)
By type
(0 selected)
By advocacy project
(0 selected)
By date
-
Eni files ICSID arbitration request linked to controversial Nigeria oil deal
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
-
World Bank and IMF lend support to mega-gas project in Mozambique, undeterred by growing risks
Despite growing focus on climate issues, both institutions have backed controversial Mozambique LNG project.
-
World Bank’s investment in Seven Energy in Nigeria once again calls Bank’s due diligence into question
World Bank’s due diligence processes highly suspect as it invests a quarter of a billion dollars in Nigerian Seven Energy, where several individuals associated with the company’s flagship contract are now either on the run or charged with money laundering.
-
Development banks pump more money into Southern Gas Corridor, despite fresh concerns
EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project
-
World Bank DPL paves way for offshore drilling in Guyana, despite CSO concerns
Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits
-
As World Bank signals end of extraction finance, CSOs call for end to its other fossil fuel funding
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 Haitian mining: far from a gold standard
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.
-
World Bank funded mines threatening livelihoods
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.
-
Carbon capture
The World Bank has revealed details of its new climate change strategy, including promotion of carbon markets despite concerns from indigenous groups. While new conversations about the Bank’s energy investments are anticipated, further criticisms were made over its involvement in fossil fuels and hydropower projects
-
Dr Kim, where is Mongolia’s economic diversification?
In late February the World Bank’s private sector arm, the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) boards decided to spearhead a $4 billion dollar syndicated loan to a copper, gold and silver mine located in the Gobi Desert in Mongolia. An increasing number of people believe that it…
