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Environment

Environment

Background

Carbon finance: The role of the World Bank in carbon trading markets

This Inside the Institutions looks at the role of the World Bank in carbon finance initiatives

26 September 2018 | Inside the institutions
An Artic-bound oil rig in Seattle's Elliot Bay in 2015.

Environment

News

World Bank DPL paves way for offshore drilling in Guyana, despite CSO concerns

Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits

24 July 2018

Rights

News

CAO released damning audit of IFC hydro project in Guatemala

CAO audit finds IFC failed to identify gaps in project’s social and environmental assessment, while communities impacted by the project face impacts on water source, livelihoods and levels of violence.

7 December 2017

Environment

News

CSOs call on World Bank to prioritise forests in climate action

Civil society organisations call on World Bank Group to do more to prioritise forests and forest peoples’ rights.

6 December 2017

Environment

News

Shared prosperity? WBG fails to progress on energy access for poor

A new civil society report criticises the World Bank for not doing enough to help meet Sustainable Energy for All (SEforAll) objective of achieving universal energy access by 2030.

6 December 2017

Environment

News

Flirting with disaster? World Bank's push for climate insurance questioned

The World Bank continues to push climate and disaster insurance programmes, despite concerns that such schemes are being ‘oversold’ and do not address the root challenges of making countries more resilient to climate change.

28 September 2017

Environment

News

World Bank policy lending undermines climate goals

A CSO report has found that the World Bank’s development policy lending is supporting incentives for fossil fuels in Egypt, Indonesia, Mozambique and Peru.

6 April 2017

Environment

Analysis

Behind the fumes: the dirty truth behind the World Bank’s commitments on climate change

New report provides evidence that IFC investments in financial intermediaries (FIs) support the construction of coal power plants in contradiction to World Bank policy and IFC statements that FI lending is ring-fenced and does not support coal.

31 January 2017

Other news

Environment

News

24 July 2018

Development banks pump more money into Southern Gas Corridor, despite fresh concerns

EBRD approves €500 million loan for TAP, as Italy announces it will review its support for project

Environment

News

4 April 2018

World Bank remains GCF interim trustee amid questions over long-term status

GCF’s permanent trustee will chosen through open bidding process with final decision expected to be taken in October

Environment

News

6 December 2017

COP 23 puts Bank-backed climate insurance in spotlight

Lack of progress on Loss & Damage finance at global climate talks means climate insurance remains default option to mitigate losses from climate change.

Environment

News

6 December 2017

Landmark climate-change complaint against IFC lodged in Philippines

The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).

Environment

News

27 September 2017

Jon Sward joins the Project as Environment Project Manager

Jon will manage BWP’s work on the environmental impacts of World Bank policies and projects.

Environment

News

3 July 2017

IPN calls for improved supervision of environmental assessments

IPN launched third Emerging Lessons Series report on the environmental assessment of World Bank projects at the IMF and World Bank spring meetings.

Environment

Background

12 May 2017 | About us

Environment Project Manager vacancy

Join us as Environment Project Manager for the Bretton Woods Project and manage the Project’s work on the environmental impacts of World Bank policies and projects

Environment

Background

25 April 2017 | Minutes

On track to 1.5C: Mainstreaming climate and forest actions in MDB lending and country strategies

Notes from a meeting at the IMF/World Bank 2017 spring meetings on MDB actions on climate change and forests.