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Environment

Environment

Analysis

New IMF climate strategy seeks to radically expand its climate work – amid concerns about its approach

Strategy proposes adding up to 95 new staff to boost Fund’s capacity to work on climate issues, as civil society research suggests Fund advise misaligned with just energy transition.

29 September 2021

Environment

Analysis

IMF surveillance and climate change transition risks

New analysis by ActionAid USA and the Bretton Woods Project finds that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.

25 August 2021

Environment

News

World Bank’s new Climate Change Action Plan fails to deliver much-needed transformative agenda

Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.

13 July 2021

Environment

News

World Bank's oil revenue outlook for Guyana at odds with climate action

Bank’s lofty projections for oil-based growth contradict more sober estimates that account for uncertainty in sector.

13 July 2021

IFI governance

Analysis

Development Committee communiqué analysis - Spring 2021

Analysis of the IMF and World Bank Development Commitee communiqué published on 9 April from the 2021 World Bank and IMF virtual Spring Meetings.

13 April 2021

Finance

Analysis

G20 communiqué analysis – Spring Meetings 2021

Analysis of the G20 communiqué published on 7 April from the 2021 World Bank and IMF virtual Spring Meetings.

12 April 2021

Land

Analysis

The World Bank’s investments in the Great Green Wall: A desert mirage?

World Bank commits to invest additional $5 billion in the Great Green Wall over the next five years, despite shortcomings in its existing investments in the initiative highlighted by IEG.

23 March 2021

Infrastructure

News

World Bank technical assistance and policy lending lead to Jamaica gas lock-in

Bank support facilitated $1 billion in private investment in LNG on the island, despite the green credentials of natural gas being widely debunked.

23 March 2021

Other news

Infrastructure

News

22 September 2021

New US treasury guidance introduces limits for US support for fossil fuels at World Bank

Civil society voices concern about continued support for fossil gas under the policy.

Environment

News

13 July 2021

Dutch government sued at World Bank tribunal for fossil fuel phase out plan

ICSID suit against Dutch government’s fossil phase out highlights threat to climate action posed by investor-to-state dispute settlement mechanisms

Environment

Background

30 March 2021 | Minutes

Why climate transition risks are macro-critical: The IMF and enabling a green recovery

Notes from the virtual Civil Society Policy Forum event on 30 March.

Environment

News

23 March 2021

Civil society research finds World Bank over-reported adaptation finance

New report raises uncomfortable questions for World Bank leadership about the credibility of the Bank’s climate finance accounting methods.

Environment

News

10 December 2020

World Bank cancels Bisri dam project in Lebanon after years of community resistance

Environmental groups and activists claim victory after years of campaigning.

Environment

News

10 December 2020

IFC’s first Green Equity Approach client backs Indonesian coal plant expansion

CSOs call for IFC to close remaining loopholes in Green Equity Approach, after equity client chosen to pilot the initiative makes investment in coal plant expansion in Indonesia.

Environment

News

6 October 2020

MIGA considering support for Guinea’s Nimba mining project in UNESCO heritage site

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.

Accountability

Background

29 September 2020 | Minutes

Tracking the trillions: Emergency funds, corruption and making the Covid-19 recovery work for all

Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.