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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...
First of two essays summarizing my analysis of the World Bank's record in addressing climate change, including managing global carbon trading funds, in the web blog and discussion...
Turkey, the world’s 17th largest economy, plans to as much as quadruple coal-fired electric capacity, building as many as 80 new plants by 2030. It could become the world’s third-l...
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 Barefoot College has trained hundreds of poor villagers as grassroots solar power installation workers and engineers. Founder Bunker Roy writes that “any goal that is driven fr...
Ninety-seven percent of the increase in energy-related CO2 emissions through 2030 will occur in developing nations. Without major changes in international energy investment, the in...
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...
The U.S. Supreme Court ruled that the World Bank’s International Finance Corporation as well as other international organizations are not totally immune from lawsuits in the US. Af...
In the midst of accelerating global warming, tens of billions of dollars continue to flow from private and public international banks into financing new coal fired plants, especial...
