This report from Oil Change International assesses the contribution of 4 MDBs to energy access between 2014 and 2017 and finds that whist the majority of energy access finance is being channelled to countries with the largest access gaps, MDBs are not channelling enough of their energy access finance to energy access for the poorest people, or prioritising energy access sufficiently.
At the World Bank Group meetings this year, we call on them to further step-up and implement existing commitments by scaling up energy access finance, fully implementing existing commitments around carbon pricing and phasing out upstream oil and gas.
This document by the Swedish Society for Nature Conservation and BIC Europe examines the degree to which the WBG’s Climate Change Action Plan (CCAP) effectively addresses the dual objective of increasing energy access for the poor while meeting the goals of the Paris Climate Agreement.
This report from Inclusive Development International, Bank Information Center Europe, and Philippine Movement for Climate Justice, highlights the expansion of coal power in the Philippines, funded by the IFC.
This report from Bank Information Center Europe and Inclusive Development International argues that the AIIB has an opportunity to assume leadership amongst the MDBs in promoting low carbon development. It provides recommendations on how the AIIB can live up to its promises to be “green” and to its stated commitment to the Paris Agreement and the Sustainable Development Goals.
This paper from the Swedish Society for Nature Conservation and BIC Europe examines the approach put forward in the WBG’s Energy Directions Paper (ED Paper) to determine if more could be done by the WBG to improve progress towards the SEforAll goals.
This report from Inclusive Development International, Bank Information Center Europe, and Center for Financial Accountability highlights the role of the World Bank and international investors in financing the Rampal Power Plant, and highlights the significant risks associated with this project.
This report by Oil Change International, Friends of the Earth US and WWF highlights the role that G20 countries' Export Credit Agencies are playing in financing oil and gas projects, and recommends that Export Credit Agencies improve disclosure of fossil fuel related transactions and phase out support for fossil fuels by 2020.
This report from Inclusive Development International demonstrates how the IFC is funding coal through support for commercial banks and private equity funds. According to this research, IFC-supported financial institutions have funded at least 41 new coal projects – either the facilities directly or the companies that own them – since the World Bank announced its coal ban in 2013.