Despite efforts to boost its influence within climate finance circles and a call to “decarbonise development”, the World Bank continues to support fossil fuels.
The Global Infrastructure Facility is expected to be launched as a World Bank-hosted programme in October. Concerns remain about the Bank’s continued support for fossil fuel infrastructure.
Bretton Woods Project has published a briefing examining five MDBs' fossil fuel investments and exposure to the carbon bubble.
Sponsor: World Resources Institute (WRI) Panelists: Milap Patel (World Resources Institute), Nezir Sinani (Bank Information…
Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
IFC criticised over Tata Mundra coal power plant in India, for ignoring recommendations from its accountability mechanism.
Sponsors: Bretton Woods Project, Mott Foundation, Heinrich Boell Foundation-North America, Latindadd, Pacific Environment, International Rivers,…
Bretton Woods Project and Oxfam are pleased to invite you to a meeting with leading activists including from Cameroon, India, and Argentina who are visiting London as part of a European lobby tour. 11 March 2014 at 14:30.
The World Bank is focussing significant time and resources into promoting itself as an agent for tackling climate change, but is still funds dirty energy through coal and gas projects, most recently in China.
The World Bank is promoting a “billion dollar map” of minerals in Africa, and continues to invest in fossil fuel extraction. Controversy is tainting Bank-funded mines in Colombia and Haiti as locals resist the extractive projects.