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Drawing on in depth institutional knowledge, hundreds of case studies, and scores of internal and external reports and evaluations, Bruce Rich paints a picture of a Bank still infl...
The World Bank has become the main financial administrator of “climate investment funds as well as for 12 different "carbon funds." A growing literature has documented the lack of...
When I first came to Washington in the 1980s I heard references to “leakage” from contacts in the World Bank and U.S. Treasury Department. I wondered how it could be that a well-fu...
Last November the 27th Conference of the Parties to the Climate Convention agreed to establish a new “Loss and Damage” fund to compensate nations “particularly vulnerable” to the i...
Last year the International Monetary Fund reported that the world’s nations in 2022 had nearly doubled since 2020 their subsidization of oil, gas, and yes, still coal, to an all-ti...