Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.
Climate change
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.
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.
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
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
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
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
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.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
5 April 2023
The global financial architecture and the international debt crisis: An urgent call for reform
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.