Despite growing focus on climate issues, both institutions have backed controversial Mozambique LNG project.
New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.
Fund and central banks increasingly pondering macroeconomic policies to tackle climate risks.
IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.
Fund turns its attention to carbon pricing to support Paris Agreement alignment, as climate vulnerable countries see rising cost of climate impacts.
As climate crisis deepens, IFC’s Green Equity Strategy faces delay from World Bank’s Board, with CSO activists calling Board’s foot-dragging a ‘scandal’.
This briefing emphasises the interdependence between the SDGs and the Paris Climate Agreement, in terms of ensuring that all new infrastructure is climate resilient and aligned with the low- or zero-carbon pathways required to avert catastrophic climate change – which would render achieving the SDGs impossible.
Bank releases new targets for 'climate-related investments' between 2021-2025, but fails to introduce new restrictions on fossil fuel finance.
The Mount Nimba nature reserve has been listed as a World Heritage site since 1981 but classified as "in danger" since 1992, in part due to the threat of iron-ore mining.
Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.
Notes from the Civil Society Policy Forum session on 28 September.
Notes from a Civil Society Policy Forum event on 16 October.
Notes from the Civil Society Policy Forum event on 18 October on the role of the IMF in tackling climate risk.
Notes from the CSPF on 15 October on the World Bank’s Forest commitments and ways forward to address challenges and weaknesses identified.
Juergen Voegele was appointed in July, replacing outgoing climate director John Roome.
International community fails to deliver on 'Loss & Damage' while poorest countries become further indebted.
