Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.
Climate change
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.
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
Environment
News
IFC’s first Green Equity Approach client backs Indonesian coal plant expansion
CSOs call for IFC to close remaining loopholes in Green Equity Approach, after equity client chosen to pilot the initiative makes investment in coal plant expansion in Indonesia.
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.
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.
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.
Environment
Background
Climate change and the Covid-19 recovery – the role of the IMF in building back better
Notes from the Civil Society Policy Forum session on 28 September.
Finance
Analysis
Fracking’s false hope: Why fossil fuels won’t help to repay Argentina’s national debt
Argentina’s strategy to increase fossil fuel exports to ease debt burden ignores need for increased state investments and climate commitments.
Environment
News
EIB rules out most fossil fuel funding from 2021, setting new benchmark for MDBs
New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.
Featured briefings
13 July 2021
The IMF's Comprehensive Surveillance Review: A bungled attempt at meeting the moment
Review maintains inadequate and inconsistent approach to economic and gender inequality, as well as climate change.
13 July 2021
The Bretton Woods Observer: Summer 2021
30 March 2021