Analysis of the G20 communiqué published on 7 April from the 2021 World Bank and IMF virtual Spring Meetings.
Climate finance
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.
Environment
News
Civil society research finds World Bank over-reported adaptation finance
New report raises uncomfortable questions for World Bank leadership about the credibility of the Bank’s climate finance accounting methods.
Finance
News
IMF and World Bank complicit in “climate debt trap” following Mozambique cyclones
International community fails to deliver on 'Loss & Damage' while poorest countries become further indebted.
Environment
News
Climate Investment Funds quietly postpone decision on how to implement ‘sunset clause’
CIFs indefinitely postpone decision on when they will close, prompting concerns CIFs recapitalisation drive will rival GCF replenishment.
Environment
News
As Green Climate Fund and World Bank sign framework agreement, concerns about Bank's role linger
Bank and GCF finalise framework agreement, meaning nine co-financed projects can go forward.
Environment
Background
Carbon finance: The role of the World Bank in carbon trading markets
This Inside the Institutions looks at the role of the World Bank in carbon finance initiatives
Environment
Background
On track to 1.5C: Mainstreaming climate and forest actions in MDB lending and country strategies
Notes from a meeting at the IMF/World Bank 2017 spring meetings on MDB actions on climate change and forests.
Environment
News
World Bank remains GCF interim trustee amid questions over long-term status
GCF’s permanent trustee will chosen through open bidding process with final decision expected to be taken in October
Environment
News
COP 23 puts Bank-backed climate insurance in spotlight
Lack of progress on Loss & Damage finance at global climate talks means climate insurance remains default option to mitigate losses from climate change.