World Bank funding of carbon financing
Extractives
Environment
News
'Climate bank' or 'fossil fuel bank'?
Analysis of the investment figures from the most recent fiscal year once again cast doubt on whether the World Bank Group is willing to give up its addiction to fossil-fuel projects that spur climate change.
Environment
News
Pipe dreams shattered in Georgia
The World Bank and others have tried to convince the region's poor that oil pipelines in the Caucuses would bring economic prosperity and strengthen democracy in the region. However, this Caspian oil game is partly to blame for the increased poverty, conflict and misery that now plagues the thousands of citizens displaced in the August conflict in Georgia.
Accountability
News
IFI inspection mechanisms slam Bank faults in Uganda and Nigeria
The Bujagali dam project in Uganda and the West Africa Gas Pipeline project in Nigeria have been roundly criticised by the World Bank's Inspection Panel.
Environment
News
Voluntary transparency not enough in IFI extractive operations
A recent NGO assessment of World Bank and IMF operations in over 55 resource-rich countries finds that the IFIs have lacked consistency in insuring transparency of the revenues generated from extractive industries.
Accountability
News
UN calls for human rights accountability
A UN report says the World Bank's investment arbitration facility is at odds with the protection of human rights.
Environment
News
New African dams to power mining
Two dam projects are being rushed to power the mining booms in Africa.
Accountability
News
Lots of rhetoric, few specifics: DFID defends its policy on the World Bank
The UK's Department for International Development (DFID) has sheepishly defended itself in its government response to the International Development Committee's (IDC) report DFID and the World Bank.
Environment
Background
Dialogue with NGOs and Lars Thunell, Executive Vice President and CEO, IFC
Dialogue with NGOs and Lars Thunell, Executive Vice President and CEO, IFC
Environment
News
World Bank powerless to end Chad abuses
Chadian president Idriss D