European Investment Bank (EIB)

Infrastructure

Analysis

World Bank set to finance criticised mega gas pipeline from Azerbaijan to Europe

The World Bank has announced its intention to fund the Azerbaijan and Turkey part of the Southern Gas Corridor to Europe, despite concerns over the geopolitical context and fossil fuel dependency.

29 June 2016 | Guest analysis

Background

Global Infrastructure Forum: Opening plenary

Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.

18 April 2016 | Minutes

Accountability

Analysis

Where’s the remedy? Development banks must do more to remedy harm caused by the activities they finance

A report assessing the effectiveness of 11 development bank’s accountability systems found that they are not effective at consistently providing remedy to those harmed.

10 February 2016 | Guest analysis

Environment

Analysis

Climate Investment Funds Monitor 12

New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs committee meetings.

4 November 2015

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

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

The Pilot Program for Climate Resilience (PPCR) has expanded with ten countries despite a lack of funds. The US questioned the approval of a Bolivia project and resettlement issues were raised on two Cambodia projects.

4 November 2015

Environment

Analysis

Forest Investment Program (FIP)

Six new countries were invited to join the Forest Investment Program (FIP), with a further nine invited to develop investment plans, despite insufficient funds. Potential support for oil palm plantations in Democratic Republic of Congo and industrial logging in Indonesia and Peru were questioned.

4 November 2015

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

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

Environment

Analysis

Multilateral Development Banks’ unburnable carbon

Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble

17 September 2014 | Briefings

Accountability

Commentary

Year 2 of the Tunisian revolution: Private profit vs public interest

In October 2012, the Tunisian government submitted a draft bill to the Constituent Assembly to shape a legal and institutional framework favourable to public-private partnerships (PPP).

2 July 2013 | Guest comment

Conditionality

News

Eurozone meltdown: IMF providing "political cover"

As European elections show the public increasingly rejecting austerity, critics call on the IMF to focus on the flaws of the eurozone rather than austerity in country programmes.

3 July 2012