October 9, 2023
Bankwatch joins other community advocates around the world in sounding the alarm about growing threats to the independence of accountability mechanisms attached to international financial institutions and other development agencies.
January 9, 2019
Jim Kim reformed world’s largest development lender, but it continues to finance fossil fuels and his climate legacy could be challenged if the US chooses his successor. Source: Departing World Bank chief leaves climate job unfinished
May 24, 2016
The Asian Development Bank, Japan International Cooperation Agency and the World Bank are partnering to boost safeguard systems in the Asia-Pacific, ensuring that development projects meet international standards for environmental and social protection. The three organizations will “help improve member countries’ safeguards systems and better manage the environmental and social risks associating with major developments,” Mark Kunzer, principal environment specialist of the ADB told Devex.
September 30, 2015
Although World Bank research and documents acknowledge the limitations of public-private partnerships the bank continues to push PPPs despite concerns.
June 3, 2015
In November 2014 CEE Bankwatch Network visited Jordan to explore issues surrounding the Red Sea – Dead Sea Conveyance project. The aim of the mission was to understand better the problems, concerns and hopes of local communities living along the route of the project, and identify the risks and benefits of the project through interviews with specialists having knowledge of its development.
Guest post: Resettlement process for Kosovo Power Project does not comply with international standards
February 3, 2015
A report being presented today analyses the process with which 7000 are to be resettled for the Kosovo lignite mine and concludes that the World Bank-financed process does not comply with the bank’s own standards and is plagued by a slew of other weaknesses.
March 18, 2014
When it comes to Kosovo’s energy future, institution after institution has been putting most of its eggs in a ‘new lignite’ basket while some very reasonable alternative investment options seem to fall by the wayside.
March 12, 2014
Environmentalists and public finance watchdogs are taking to twitter today to urge World Bank president Dr. Jim Yong Kim to head his own rhetoric and reject the Kosovo coal power plant.
November 22, 2013
United in spirit with yesterday’s blog post on the European Bank for Reconstruction and Development’s coal lending, Visar Azemi from the Kosovo Civil Society Consortium for Sustainable Development calls on the UK government to not support the Kosova e Re lignite power plant via the World Bank and make its promise to end overseas coal financing a reality.
June 25, 2013
The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region.