Despite growing focus on climate issues, both institutions have backed controversial Mozambique LNG project.
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.
Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.
EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project
Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits
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.
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.
Notes from a meeting on energy during the World Bank spring meetings.
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…