Funding shortfalls are predicted for the Pilot Program for Climate Resilience (PPCR), as ideas for potential new funding are due to be discussed.
Environment
Environment
Analysis
Forest Investment Program (FIP)
Disbursement of funds continues to be slow in the Forest Investment Program (FIP). The World Bank has responded to civil society groups’ criticism over the lack of consultation for FIP plans in Indonesia.
Environment
Analysis
Scaling up Renewable Energy Program (SREP)
Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.
Environment
Analysis
A new dawn for climate investment as Climate Investment Funds sunset?
This week, the Green Climate Fund (GCF) gathers in Barbados for the eighth meeting since its inception.
Environment
News
IFC criticised over Peruvian mine investment
IFC’s accountability mechanism has criticised a series of errors in IFC’s social and environmental risk management of its Peruvian Quellaveco mine investment.
Environment
Background
World Bank green bonds
The World Bank group supports the growth of the green bond market through the IBRD and the IFC to “catalyse the market through strategic issuances of green bonds based on their triple-A ratings.”
Environment
Analysis
Multilateral Development Banks’ unburnable carbon
Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
Environment
Analysis
World Bank forests projects under fire
World Bank continues to strongly back REDD+ forest projects, which have been criticised for not consulting indigenous peoples or respecting land rights.
Environment
News
World Bank funded mines threatening livelihoods
Civil society groups criticise IFC investments worth hundreds of millions of dollars in mining projects in Guinea, Mongolia and Armenia for potential negative social and environment impact.
Trade
News
ICSID problems in the spotlight
Civil society challenges ICSID role in El Salvador mining dispute as international lawyer accuses the arbitration forum of being “seriously flawed”
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.