Climate change

Environment

Analysis

New IMF climate strategy seeks to radically expand its climate work – amid concerns about its approach

Strategy proposes adding up to 95 new staff to boost Fund’s capacity to work on climate issues, as civil society research suggests Fund advise misaligned with just energy transition.

29 September 2021

Environment

Analysis

World Bank’s plans for Indonesia: Delayed action on climate and continued coal and gas support

Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.

29 September 2021 | At Issue

Infrastructure

News

New US treasury guidance introduces limits for US support for fossil fuels at World Bank

Civil society voices concern about continued support for fossil gas under the policy.

22 September 2021

Environment

News

Dutch government sued at World Bank tribunal for fossil fuel phase out plan

ICSID suit against Dutch government’s fossil phase out highlights threat to climate action posed by investor-to-state dispute settlement mechanisms

13 July 2021

Environment

Analysis

IMF surveillance and climate change transition risks

New analysis by ActionAid USA and the Bretton Woods Project finds that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.

25 August 2021

Environment

News

World Bank’s new Climate Change Action Plan fails to deliver much-needed transformative agenda

Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.

13 July 2021

Environment

News

World Bank's oil revenue outlook for Guyana at odds with climate action

Bank’s lofty projections for oil-based growth contradict more sober estimates that account for uncertainty in sector.

13 July 2021

Environment

Background

Why climate transition risks are macro-critical: The IMF and enabling a green recovery

Notes from the virtual Civil Society Policy Forum event on 30 March.

30 March 2021 | Minutes

Land

Analysis

The World Bank’s investments in the Great Green Wall: A desert mirage?

World Bank commits to invest additional $5 billion in the Great Green Wall over the next five years, despite shortcomings in its existing investments in the initiative highlighted by IEG.

23 March 2021

Infrastructure

News

World Bank technical assistance and policy lending lead to Jamaica gas lock-in

Bank support facilitated $1 billion in private investment in LNG on the island, despite the green credentials of natural gas being widely debunked.

23 March 2021