Climate finance

IFI governance

Background

Aligning the financial system with sustainable development

Notes from a meeting on the financial system and sustainable development during the World Bank/IMF spring meetings.

16 April 2015 | Minutes

Environment

Background

World Bank green bonds

The World Bank group supports the growth of the green bond market through the IBRD and the IFC to “catalyse the market through strategic issuances of green bonds based on their triple-A ratings.”

29 September 2014 | Inside the institutions

Environment

Analysis

World Bank pricing carbon: real solution to climate change?

World Bank continues to promote putting a price on carbon as a key policy to tackle climate change while critics say it is just a new way of promoting failed carbon markets.

2 February 2015

Environment

Analysis

Climate Investment Funds Monitor 10

Latest update on the World Bank-housed Climate Investment Funds ahead of their November meetings. Covers key trends in projects related to clean technology, resilience to climate change, forests and renewable energy.

12 November 2014

Environment

Analysis

Clean Technology Fund (CTF)

Clean Technology Fund (CTF) funding approvals continue to rise, including private sector projects for geothermal energy. Revisions for investment plans were approved for Nigeria and the MENA region, with Libya added as a new country.

12 November 2014

Environment

Analysis

Pilot Program for Climate Resilience (PPCR)

Funding shortfalls are predicted for the Pilot Program for Climate Resilience (PPCR), as ideas for potential new funding are due to be discussed.

12 November 2014

Environment

Analysis

Forest Investment Program (FIP)

Disbursement of funds continues to be slow in the Forest Investment Program (FIP). The World Bank has responded to civil society groups’ criticism over the lack of consultation for FIP plans in Indonesia.

12 November 2014

Environment

Analysis

Scaling up Renewable Energy Program (SREP)

Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.

12 November 2014

Environment

Analysis

A new dawn for climate investment as Climate Investment Funds sunset?

This week, the Green Climate Fund (GCF) gathers in Barbados for the eighth meeting since its inception.

13 October 2014 | Blog

Environment

Analysis

World Bank forests projects under fire

World Bank continues to strongly back REDD+ forest projects, which have been criticised for not consulting indigenous peoples or respecting land rights.

20 June 2014