Other International Financial Institutions

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

A new a new Enhanced Private Sector Program for the Scaling up Renewable Energy Program in Low Income Countries (SREP) is due to discussed. Cambodia’s investment plan has been approved. Social, environmental and financial risks related to a Nicaragua geothermal project were raised.

30 November 2016

Environment

Analysis

Climate Investment Funds Monitor 14

New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

30 November 2016

Finance

Analysis

Development finance institutions and responsible corporate tax behaviour

Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.

10 November 2016 | Reports

IFI governance

Analysis

One man, one vote, one option: World Bank set to coronate Kim for second term

The World Bank is set to reappoint president Jim Yong Kim for another five year term, despite persistent concerns from Bank staff and renewed calls for a merit-based process based on principles of transparency and diversity.

23 September 2016

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

Environment

Analysis

Climate Investment Funds Monitor 13

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

13 June 2016

Finance

News

World Bank and AIIB sign joint co-financing agreement

The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.

29 June 2016

Environment

Analysis

Clean Technology Fund (CTF)

The upcoming Clean Technology Fund (CTF) resource shortfall continues to raise concerns. A proposal for “CTF 2.0” will be discussed, including two proposed modalities: CTF Green Markets and the Risk Mitigation Facility. Concerns were raised over safeguards for a geothermal energy project in Indonesia.

13 June 2016

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

The Pilot Program for Climate Resilience (PPCR) has called for urgent donations to be able to finance projects pending approval. The CIF strategic directions paper proposed for a new private sector window to be set up. Concerns were raised about community consultations in Samoa and around resettlement risks related to a Haiti project.

13 June 2016

Environment

Analysis

Forest Investment Program (FIP)

The rationale for adding new pilot countries to the Forest Investment Program (FIP) given funding constraints has been questioned, as well as the focus on providing loans rather than grants. The CIF strategic directions paper noted challenges for the FIP, and proposed a new private sector window. Questions were raised about the consultation of ethnic minorities in relation to a Laos project.

13 June 2016

Environment

Analysis

Scaling Up Renewable Energy Program (SREP)

Concerns continues over slow progress in implementing the Scaling up Renewable Energy Program in Low Income Countries (SREP) investments plans and lack of funding for new pilot countries, as well as constraints on grant resources. The CIF strategic directions paper proposed an enhanced private sector programme for energy access. Questions on consideration of indigenous peoples were raised in relation to Liberia and Tanzania projects.

13 June 2016

IFI governance

Analysis

The Bank and the IMF in 2015: year in review

The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2015.

29 April 2016