UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
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New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.
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.
Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.
Civil society voices concern about continued support for fossil gas under the policy.
ICSID suit against Dutch government’s fossil phase out highlights threat to climate action posed by investor-to-state dispute settlement mechanisms
Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.
Bank’s lofty projections for oil-based growth contradict more sober estimates that account for uncertainty in sector.
Notes from the virtual Civil Society Policy Forum event on 30 March.
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.