Extractives

Environment

Analysis

World Bank's investment in Seven Energy in Nigeria once again calls Bank's due diligence into question

World Bank's due diligence processes highly suspect as it invests a quarter of a billion dollars in Nigerian Seven Energy, where several individuals associated with the company’s flagship contract are now either on the run or charged with money laundering.

6 December 2018 | At Issue
An Artic-bound oil rig in Seattle's Elliot Bay in 2015.

Environment

News

World Bank DPL paves way for offshore drilling in Guyana, despite CSO concerns

Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits

24 July 2018

Environment

News

Development banks pump more money into Southern Gas Corridor, despite fresh concerns

EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project

24 July 2018

Infrastructure

News

Investigation on World Bank support for Mongolia mining project deferred

The Inspection Panel has deferred a decision to investigate a complaint regarding environmental, social and economic damage related to a World Bank funded mining project in Mongolia.

5 April 2016

Environment

Analysis

As World Bank signals end of extraction finance, CSOs call for end to its other fossil fuel funding

Despite World Bank's One Planet Summit announcement that it will stop funding oil and gas extraction after 2019, it still has much to do to fully decarbonise its lending portfolio.

30 March 2018

Environment

Commentary

World Bank support for Haitian mining: far from a gold standard

World Bank support for a draft mining law in Haiti is criticised for lack of stakeholder engagement, as civil society fears that the plan will do little to protect local communities.

28 September 2015 | Comment

Infrastructure

Background

Issue overview: World Bank and energy

What’s the issue? Energy is a crucial economic sector which has a disproportionate influence on…

26 August 2015 | Issue overview

Infrastructure

Analysis

World Bank pitches mining to drive energy investment in Africa

A World Bank report calling for closer collaboration between mining and energy companies in Africa is criticised for underplaying risks and neglecting more efficient energy options for the poor.

31 March 2015 | Guest analysis

IFI governance

Background

What are the trends in the energy sector?

Notes from a meeting on energy during the World Bank spring meetings.

17 April 2015 | Minutes

Environment

News

World Bank support for mining expansion criticised

Criticism of World Bank-supported mining activities in Haiti, Honduras and Armenia reveal that the Bank is still associated with controversial extractives projects.

31 March 2015