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Infrastructure

Social services

News

World Bank issues new guidance on PPPs legal frameworks, ignoring long-standing concerns with the model

New World Bank guidance on PPP legal frameworks evidence of institution’s continued reliance on PPPs as key to addressing SDG financing gap despite well-documented failures. Previous World Bank PPP contracts template criticised for incompatibility with human rights norms.

4 October 2022

Infrastructure

Analysis

World Bank announces support for CCUS in Nigeria despite criticisms it reinforces fossil fuel dependence

World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.

6 April 2022

Environment

News

World Bank accused of being ‘ongoing underperformer’ at COP26, as key Bank shareholders commit to fossil-fuel finance phaseout

UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.

9 December 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

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

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.

10 December 2020

Infrastructure

Analysis

World Bank must ensure new Africa energy strategy is inclusive and pro-poor

The Bank’s new Africa energy strategy offers it an important chance to mainstream achieving SDG7 into its energy lending on the continent.

16 July 2020 | Guest comment

Other news

Finance

News

8 December 2022

Chad gets debt rescheduling, not relief, and is left dependent on oil revenues

Chad has reached an agreement to restructure its nearly $3 billion of external debt, unlocking IMF financing, but the deal has been criticised for failing to reduce the country’s overall debt burden.

Infrastructure

News

4 October 2022

New deal allows for ICSID claims on fossil fuel investments until 2033

Loophole in renegotiated Energy Charter Treaty could see companies sue countries for losses related to fossil fuel projects until 2033.

Finance

News

21 July 2022

Restart of Pakistan’s IMF loan agreement collapses with change in government, as soaring costs of IFC-supported LNG add to fiscal pain

Pakistan increases fuel prices in effort to meet IMF conditions, while cost of importing LNG surges.

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.

Infrastructure

News

22 September 2021

Former Ghana national oil company head links World Bank’s Sankofa guarantee to gas power plant deals

Alex Mould says guarantee included commitment to sign four ‘take or pay’ contracts with independent power producers.

Infrastructure

News

17 September 2021

Nigerian CSO denounces increase in energy tariffs linked to World Bank-backed reforms

World Bank’s backed energy reforms in Nigeria set to raise electricity prices further despite amid Covid-19 pandemic.

Infrastructure

News

3 October 2019

EIB's draft energy plan proposes ending finance for fossil fuels after 2020

Move comes after concerted civil society campaign calling for ‘fossil-free EIB’.

Infrastructure

Background

17 April 2019 | Minutes

Sustainable Infrastructure: Aligning with Rights and the SDGs

Notes from the Civil Society Policy Forum event on 10 April, which looked at sustainable infrastructure from fiscal, rights and climate lenses.