Dario Kenner has joined the Project as a research assistant, focussing on private sector and climate finance.
Environment
Finance
Analysis
First ever real-terms drop in IDA agreed
As the negotiations on the 17th replenishment of the World Bank's International Development Association (IDA) pass the half way mark, a real-terms drop in IDA and stingier terms for borrowers have been agreed. The discussion has focussed largely on the private sector and fragile states.
IFI governance
Analysis
Memorandum to the International Development Committee
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
Private Sector
Analysis
IFC financed 'land grabs' in Cambodia, Laos and Honduras exposed
While the World Bank's leadership is further embracing private equity funds, the IFC's investment in financial intermediaries is again hitting the headlines over allegations of 'land grabs' in South East Asia and lack of respect for indigenous people's rights in Honduras.
Accountability
Analysis
World Bank "short-sighted and cross-eyed" on fossil fuels
As the World Bank released a new report on the impacts of climate change and is due to discuss its energy focus, it defended its engagement in fossil fuels, including the Kosovo coal power plant.
Infrastructure
Analysis
World Bank says "stars are aligned" for large infrastructure
The World Bank, in conjunction with the G20, is reinvigorating its infrastructure focus, paying particular attention to leveraging resources from the private sector and investing in fragile and conflict affected states. It announced a return to big hydropower projects, despite continued concerns about projects in the Democratic Republic of Congo, Guatemala and Uganda.
Environment
Commentary
World Bank: greening an airport near you
Just a month before releasing a new report on climate change and the need to "turn down the heat" (see Update 86), the Bank agreed a $50 million loan to the Chinese prefecture of Shangrao, located in the northeast of China's Jiangxi province, to build a new airport.
Environment
Analysis
The World Bank and the Green Climate Fund: "an ironic contradiction"?
Since the creation of the UN Framework Convention on Climate Change (UNFCCC) Green Climate Fund (GCF) in 2010, concerns have grown about the World Bank's potential role in designing policies to determine the allocation of resources for adaptation and mitigation activities in developing countries.
Accountability
Background
UK civil society meeting with UK World Bank Executive Director Gwen Hines
Notes of a meeting with UK executive director to the World Bank Gwen Hines in April 2013
Environment
Analysis
Climate Investment Funds Monitor 7
The Climate Investment Funds (CIFs) are financing instruments designed to pilot low-carbon and climate-resilient development through the multilateral development banks (MDBs). They are comprised of two trust funds - the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF).
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.