Environment

Civil society groups call for the World Bank to stop financing fossil fuels outside its 2019 Annual Meetings in October

Environment

News

EIB rules out most fossil fuel funding from 2021, setting new benchmark for MDBs

New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.

12 December 2019
The IMF's managing director Kristalina Georgieva, among others, at a seminar entitled, 'Can Central Banks Fight Climate Change' during the 2019 IMF Annual Meetings.

Environment

News

IMF joins discussion on greening financial sector, as climate risks threaten macro-stability

Fund and central banks increasingly pondering macroeconomic policies to tackle climate risks.

12 December 2019

Environment

Background

World Bank Group Paris Alignment: Governance & private sector participation in the energy sector

Notes from a Civil Society Policy Forum event on 16 October.

1 November 2019 | Minutes

Environment

Background

The IMF & climate change: Can the Fund help countries avoid a ‘climate Minsky moment’?

Notes from the Civil Society Policy Forum event on 18 October on the role of the IMF in tackling climate risk.

28 October 2019 | Minutes

Environment

Background

Forests & Climate Change: How Can Mainstreaming Forests Address Challenges of Climate Change and Development?

Notes from the CSPF on 15 October on the World Bank’s Forest commitments and ways forward to address challenges and weaknesses identified.

25 October 2019 | Minutes

Environment

News

New director takes over Bank’s unfinished climate work

Juergen Voegele was appointed in July, replacing outgoing climate director John Roome.

3 October 2019

Finance

Analysis

Bretton Woods at 75

BWP publishes essay series reflecting on the legacy of 75 years of IMF and World Bank policies and power.

14 October 2019 | Briefings

Environment

News

Links between Amazon deforestation and World Bank exposed

IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.

3 October 2019

Environment

Analysis

Confronted with climate emergency, IMF belatedly attempts to "get real"

Fund turns its attention to carbon pricing to support Paris Agreement alignment, as climate vulnerable countries see rising cost of climate impacts.

30 July 2019

Environment

News

IFC’s Green Equity Strategy faces set-back at Board

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’.

30 July 2019