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.
Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits
EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project
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.
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.
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.
What’s the issue? Energy is a crucial economic sector which has a disproportionate influence on…
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.
Notes from a meeting on energy during the World Bank spring meetings.
Criticism of World Bank-supported mining activities in Haiti, Honduras and Armenia reveal that the Bank is still associated with controversial extractives projects.