Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.
Finance
Analysis
The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.
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Environment
Finance
Analysis
World Bank’s rating obsession will negate debt justice
Finance
Analysis
Argentina’s strategy to increase fossil fuel exports to ease debt burden ignores need for increased state investments and climate commitments.
Finance
Analysis
Fracking’s false hope: Why fossil fuels won’t help repay Argentina’s debt
Finance
Analysis
BWP publishes essay series reflecting on the legacy of 75 years of IMF and World Bank policies and power.
Finance
Analysis
Bretton Woods at 75: A series of critical essays
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.
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.
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.
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.
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.
Rights
Analysis
World Bank reparations demanded for murder of frontline South African anti-coal activist
Community demands reparations from World Bank for murder of South African environmental activist Fikile Ntshangase for opposing the Tendele coal mine initially financed by IFC.
Environment
News
Eni files ICSID arbitration request linked to controversial Nigeria oil deal
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
Other news
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
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
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
Background
28 September 2020 | Minutes
Climate change and the Covid-19 recovery – the role of the IMF in building back better
Notes from the Civil Society Policy Forum session on 28 September.
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.
