World Bank’s support for fossil fuel projects, including problem-riddled Medupi coal power station, leaves its reputation in tatters with South African civil society.

World Bank’s support for fossil fuel projects, including problem-riddled Medupi coal power station, leaves its reputation in tatters with South African civil society.
Despite continued public rhetoric about importance of civil society engagement, Bank is yet to commit to holding a public consultation period on its Paris alignment approach.
Economic turmoil and geopolitical fragmentation will provide the backdrop to the first in-person World Bank and IMF Annual Meetings since 2019.
G20 independent review calls for increased lending by multilateral development banks to address multiple crises, but lack of reform in World Bank crises response framework raises concerns about how it would use additional resources.
Newly released study by Oxfam finds that the Bank’s claims of climate finance for FY2020 could be off by as much as 40 per cent, or $7 billion, highlighting the urgent need for greater public disclosure.
As geopolitical tensions rise amidst worsening global economic conditions, civil society demands the democratisation of a world economic order away from the established Global North and elite capitalist hegemony.
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
Notes from a Civil Society Policy Forum event on 14 October titled "Greening whole economies? Unpacking World Bank plans for Paris alignment by July 2023."
Notes from the Civil Society Policy Forum session on 29 September on the implications and shortcomings of how Development Policy Financing nudges countries towards policy reforms.
Civil society voices concern about continued support for fossil gas under the policy.
Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.
Notes from the virtual Civil Society Policy Forum 28 September Session at the IMF and World Bank 2020 Annual Meetings on Covid-19 and debt.
CSOs express concerns at congressional hearing about pending IFC capital increase.
US Congress yet to approve World Bank’s proposed capital increase agreed in 2018.
Notes from a meeting with the UK World Bank Executive Director on 6 July 2018.