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Drawing on in depth institutional knowledge, hundreds of case studies, and scores of internal and external reports and evaluations, Foreclosing the Future: The World Bank and the P...
This article appeared in late 2013, and the World Bank Group has made progress in adopting some of the article's recommendations, namely commitments to end financing of coal power...
Rich describes carbon markets as the “financial cargo cult that had driven much of the early enthusiasm for REDD+.” REDD national plans often tended to focus on the technical compl...
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...
The world’s richest nations are preparing to deliver as much as $12 billion in extra funds to the World Bank to fight global warming. At the same time, the bank is accelerating len...