Community demands reparations from World Bank for murder of South African environmental activist Fikile Ntshangase for opposing the Tendele coal mine initially financed by IFC.
Extractives
Environment
News
Eni files ICSID arbitration request linked to controversial Nigeria oil deal
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
Environment
News
World Bank and IMF lend support to mega-gas project in Mozambique, undeterred by growing risks
Despite growing focus on climate issues, both institutions have backed controversial Mozambique LNG project.
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.
Accountability
Background
Tracking the trillions: Emergency funds, corruption and making the Covid-19 recovery work for all
Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.
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
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
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.
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.
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.
Featured briefings
30 March 2021
World Bank and IMF Spring Meetings 2021
23 March 2021
The Bretton Woods Observer: Spring 2021
23 March 2021
Tip of the iceberg: How the call for SDRs reveals the urgency for deeper reforms of the global reserve system to address systemic inequalities
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.