BWP is now accepting applications for the new role of Environment Project Officer, which will support the Project's advocacy and research on the Bretton Woods Institutions' climate-related policies.
Environment
Finance
Analysis
World Bank Group Evolution: Technical fixes or urgently needed reform?
Finance
Analysis
This year, 85 per cent of the world’s population lives under austerity measures, while multinational enterprises and the wealthy have benefited from privileged tax structures and regressivity, allowing inequality to widen.
Finance
Analysis
Against regressive taxes and austerity: BWIs must pivot tax policy to support just transition
Infrastructure
Analysis
World Bank’s support for fossil fuel projects, including problem-riddled Medupi coal power station, leaves its reputation in tatters with South African civil society.
Infrastructure
Analysis
World Bank and IMF influence casts shadow over South Africa's JETP
Environment
News
As World Bank launches Paris alignment approach, unclear guidelines raise greenwashing concerns
Bank’s approach relies on countries' national climate plans, which are not currently collectively aligned with 1.5°C temperature goal.
Environment
News
IFC continues extractive investments under cover of biodiversity offsets
World Bank and IFC continue promoting false solutions to climate and environmental emergency, helping extractive companies greenwash their environmental impacts.
Finance
Analysis
Civil Society calls for rethink of World Bank’s ‘evolution roadmap’ as part of wider reforms to highly unequal global financial architecture
Joint civil society briefing paper highlights concerns with the World Bank’s Evolution Roadmap, and provides a series of recommendations for a Roadmap that prioritises people, participation and the planet over profit and economic growth.
Environment
News
Resilience and Sustainability Trust’s first loans promote climate PPPs, raising concerns they may create fiscal risks
Initial financing for Costa Rica, Barbados, Rwanda, Bangladesh and Jamaica tied to efforts to ‘green’ PPP frameworks.
Rights
News
A new SDR allocation: Combatting deepening fragility concerns
The links between high debt burdens, lack of climate finance, austerity and the rise in political instability and fragility, conflict and violence remain largely neglected as IMF shareholders consider calls for a new SDR allocation, as proposed by the Bridgetown Agenda.
Finance
Commentary
Civil society organizations urge end to IMF surcharges to finance climate action instead
More than 300 organisations and individuals call upon the IMF to urgently address one of the most glaring and easily rectifiable contradictions between its stated support for a just transition and its actions by immediately ending its surcharge policy.
Environment
News
IMF seeks to ‘unleash’ private climate finance, as experts question ‘de-risking state’ model
In the face of growing calls to ‘de-risk’ green investments for the private sector, academic experts call for developmental allocative green credit regimes, rather than market-led approaches.
Other news
Land
News
Word Bank promotes agricultural corporations at cost of food security in Africa
New CAFOD report exposes World Bank’s harmful approach to agriculture increases food insecurity in Africa.
IFI governance
News
Marrakech CSO working group launches statement ahead of 2023 Annual Meetings
Marrakech working group calls on the BWIs to cancel the debt, stop imposing austerity and ensure a just energy transition.
Infrastructure
News
MIGA’s support for gas projects raises concerns about its climate credentials
World Bank’s commercial insurance arm provided nearly $850 million in guarantees for gas projects in Bangladesh and Mozambique in fiscal year 2022.
Finance
News
A different ‘evolution roadmap’: Havana conference calls for changes in world order hierarchy
As IMF and World Bank tinker at margins, 50 policymakers, diplomats and academics from over 26 countries issue Havana Declaration calling for an assertion of Southern power and the building of a new "planetary bloc".
IFI governance
Background
Greening whole economies? Unpacking World Bank plans for Paris alignment by July 2023
Notes from a Civil Society Policy Forum event on 14 October titled "Greening whole economies? Unpacking World Bank plans for Paris alignment by July 2023."
Infrastructure
News
New deal allows for ICSID claims on fossil fuel investments until 2033
Loophole in renegotiated Energy Charter Treaty could see companies sue countries for losses related to fossil fuel projects until 2033.
Land
News
IFC approves loan to industrial agriculture producer in Brazil despite pleas for protection of sensitive grassland biome
World Bank’s IFC $200 loan for large-scale agricultural production in Brazil disregards serious human rights and environmental concerns, despite calls by 200 civil society organisations globally
Environment
News
Mozambique IMF loan moves forward amid serious sustainability and transparency concerns
Fresh $456m IMF loan to Mozambique risks adding to insecurity and debt crisis as LNG projects have fuelled conflict and likely to become stranded assets.