A World Bank report calling for closer collaboration between mining and energy companies in Africa is criticised for underplaying risks and neglecting more efficient energy options for the poor.
Infrastructure
Conditionality
Commentary
The Arab world’s subsidy nightmare: pondering alternatives
For decades, the Arab region has embarked on a series of IMF-prescribed energy subsidy reforms, which have contributed to increased poverty levels.
Rights
News
Bank implicated in Kenya Maasai eviction
The World Bank's Inspection Panel has found the Bank breached its own standards through its involvement in a Kenyan electricity project which has displaced Maasai communities.
Infrastructure
News
New report highlights lack of MDB spending on energy access for the poor
A new report by Sierra Club and Oil Change International highlights the need for MDBs to establish criteria for energy access for the poor within their energy portfolios in order to achieve the goal of universal energy access by 2030.
Infrastructure
News
World Bank Global Infrastructure Facility launched despite “reputational risks”
The World Bank-hosted Global Infrastructure Facility has been launched despite concerns over risks, including duplication with other initiatives, such as the new Asian Infrastructure Investment Bank.
Infrastructure
News
Guatemala to pay reparations for World Bank funded Chixoy dam
The Guatemalan government has agreed to pay around $155 million in reparations to local indigenous communities who suffered human rights abuses as a result of the construction of the World Bank funded Chixoy dam
Infrastructure
News
Risking the bottom line? World Bank infrastructure initiatives criticised
The Global Infrastructure Facility is expected to be launched as a World Bank-hosted programme in October. Concerns remain about the Bank’s continued support for fossil fuel infrastructure.
Environment
Analysis
Multilateral Development Banks’ unburnable carbon
Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
Infrastructure
News
New briefing: Multilateral Development Banks' unburnable carbon
Bretton Woods Project has published a briefing examining five MDBs' fossil fuel investments and exposure to the carbon bubble.
Infrastructure
Analysis
The rise of the infrastructure giants
World Bank faces increased competition over large scale infrastructure in Asia, with the Asian Infrastructure Investment Bank and the BRICS Bank.