A report by a coalition of German NGOs finds that Germany extra-territorial obligations extend to its role in multilateral development banks.
Infrastructure
Environment
News
Global energy solutions bank on carbon trading
In the midst of climate talks in Nairobi and the release of the Stern review on the potential catastrophic economic impacts of climate change, the World Bank has been touting the most recent draft of its investment framework on clean energy and development, and stepping up its role in devising market-based solutions to climate change. Critics have decried the hypocrisy of the Bank's role in funding fossil fuel projects, and the perverse rationale behind carbon trading
Infrastructure
News
High-risk water infrastructure at any cost
After a decline in the late 90s, World Bank lending for water projects has been rapidly increasing over recent years, reaching $1.8 billion in FY05, and is set to continue.
Accountability
News
German firm debarred over Lesotho fraud
In November, the Bank debarred German engineering firm Lahmeyer International over bribery convictions in the Lesotho Highlands Water project.
Infrastructure
Background
Highlights of UK NGO meeting with Paul Wolfowitz
Highlights from a UK NGO meeting held with Paul Wolfowitz, head of the World Bank, in London on 13 November 2006. Issues covered include: the Bank's anti-corruption framework; financing 'fragile' states; conditionality; debt; and the extractive industry, energy infrastructure and climate change
Environment
News
World Bank energy policy under scrutiny
A new report published by a coalition of international environment and development non-governmental organisations concludes that the World Bank's promise to seriously support alternative energy sources remains unfulfilled.
Environment
News
Bank environmental commitment under fire
Details of the World Bank's current sustainability disasters in light of the dismantling of ESSD
Accountability
Commentary
Time to listen to Lesotho! - The World Bank and its new anti-corruption agenda
Comment piece by Hennie Van Vuuren on corruption and bribery in the Bank-supported Lesotho Highlands Water Scheme
Environment
News
Sustainability dismantled
World Bank president Wolfowitz announces his move to disband the Environmentally and Socially Sustainable Development (ESSD) network within the Bank. It will be merged with the Bank's infrastructure department and report to the current head of the infrastructure department, Kathy Sierra.
Environment
News
Barrage of criticism over IFC safeguards review
A number of new reports have come out in criticism of the IFC's recent revision of its lending standards.
