A new report published by a coalition of international environment and development non-governmental organisations concludes that the World Bank's promise to seriously support alternative energy sources remains unfulfilled.
Climate change
Environment
News
Sustainability dismantled
World Bank president Wolfowitz announces his move to disband the Environmentally and Socially Sustainable Development (ESSD) network within the Bank. It will be merged with the Bank's infrastructure department and report to the current head of the infrastructure department, Kathy Sierra.
Environment
News
World Bank and climate change: power failure
Summary of a report by Friends of the Earth US, the November meeting in London on climate change and the UK parliamentary early day motion to end UK support for harmful oil subsidies.
Environment
News
Climate change and the World Bank: dubious green credentials
Critique of the new role assigned to the World Bank by the G8 in tackling climate change by creating a framework for clean energy and development. Summary of recent documents examining the Bank's perpetuation of fossil-fuelled economic expansion and false claims made in relation to the Clean Development Mechanism
Environment
News
Global warming speaks louder than words
The gap between the World Bank's pronouncements on the dangers of climate change and the reality of its lending practices presents an ever increasing danger for the global commons.
Environment
News
Activists oppose Bank ‘clean development’ credits for Brazilian forest plantation
One of the first pilot projects using the World Bank's climate change carbon trading programmes has come under fire from local groups for endorsing destructive tree plantations.
Rights
News
Climate change paper disputed
A draft paper on climate change from the World Bank and other development agencies has been criticised for not going far enough.
Environment
News
New report on global warning
Scientists from 99 nations issued a report in late January that predicted severe climate change.
IFI governance
News
Bank participation in carbon fund in doubt
The World Bank may have failed to secure European financial support for the Prototype Carbon Fund, one of the controversial carbon-trading schemes devised to implement the Kyoto climate change protocol.
IFI governance
News
World Bank Plans Profitable CO2 Trading
The Kyoto climate change meeting in December brought together ministers from 160 countries to agree binding restrictions on greenhouse gas emissions.
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.