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
Climate change
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
12 December 2024
The Bretton Woods Observer: Winter 2024
12 December 2024
Missing in action: accountability is noticeably absent from the World Bank Group’s new Corporate Scorecard
The Corporate Scorecard’s accountability gap is symptomatic of a broader failure on the part of the WBG to fully internalise, integrate and learn from the work of its accountability mechanisms.
16 October 2024