World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.
World Bank and Inter-American Development Bank's reactive independent accountability mechanisms cannot address harms caused by lack of proper due diligence in Alto Maipo.
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
Plan lacks detail in key areas, including concrete commitments to end fossil fuels support.
Civil society voices concern about continued support for fossil gas under the policy.
Alex Mould says guarantee included commitment to sign four ‘take or pay’ contracts with independent power producers.
World Bank’s backed energy reforms in Nigeria set to raise electricity prices further despite amid Covid-19 pandemic.
Bank’s lofty projections for oil-based growth contradict more sober estimates that account for uncertainty in sector.
Bank support facilitated $1 billion in private investment in LNG on the island, despite the green credentials of natural gas being widely debunked.
Case continues troubling trend of increased ISDS claims from fossil fuel industry.