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Bretton Woods Update No.73 November/December 2010

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World Bank drawing in climate funds?

by Ama Marston

News|29 November 2010

Illustration by Robin Heighway-Bury/

A much awaited November report from the UN high level advisory group on climate change finance (AGF) drew criticism for recommending an increasing role for multilateral development banks (MDBs). The noise generated by the report also highlights concerns about the development of a new fund hoped to be decided in Cancun, additional trust funds announced at the Bank and the continued roll-out of the Bank-housed climate investment funds (CIFs). read article...

World Bank pushes carbon markets in agriculture and climate talks

by Ama Marston

News|29 November 2010

In the lead up to Cancun climate negotiations, the Bank has used a conference on agriculture and climate as a platform to expand its agricultural activities and link them to its interests in carbon markets, despite new evidence of problems with investment in the sector. read article...

National responses to World Bank's energy strategy review

News|29 November 2010

An October report by UK NGO Christian Aid, Energy for our common future, brings together responses by civil society groups in India, Bolivia, Peru and South Africa to the World Bank's energy strategy review. read article...

Low carbon options ensuring energy security and energy access for all

by Srinivas Krishnaswamy

Comment|29 November 2010

The World Bank's current energy strategy and the Bank's review of its energy sector lending strategy within the context of climate change concerns demonstrate a skewed conception of energy access, which must be addressed. read article...

IDA - World Bank angling for increased funding

News|29 November 2010

The World Bank used its October annual meetings to lobby donors to increase funding to the International Development Association (IDA, the Bank's low-income country arm), but official papers suggest the majority of increases will likely come from its own coffers, while NGOs remain sceptical. read article...

World Bank private sector approach under fire

News|29 November 2010

The International Finance Corporation (IFC), the Bank's private sector lending arm, has come under fire for its business model, increasing use of financial intermediaries such as banks, funding of companies associated with tax havens, and its controversial Doing Business report. read article...

World Bank initiative on ecosystems

News|29 November 2010

In October, the World Bank launched an initiative to help countries include the benefits of protecting nature into their national accounts. read article...

Mounting criticism of World Bank's gender strategy

News|29 November 2010

In October, US NGO Gender Action released a new critique of the World Bank's gender plan for 2011 to 2013. read article...

The role of the World Bank in carbon markets: The Carbon Finance Unit

Inside the inst|29 November 2010

The World Bank's engagement in carbon finance has expanded from its "pioneering" Prototype Carbon Fund in 1999, which provided the groundwork for the continuously popular market-based approach to emission reductions. read article...

World Bank programmes linked to political repression

News|29 November 2010

A mid October report by international NGO Human Rights Watch (HRW), documents how World Bank projects in Ethiopia are being used by the government to repress dissent and weaken political opposition, reinforcing criticisms of Bank funding to countries with widespread reports of human rights abuses. read article...

Global battle for control of money: IMF flounders amid economic warfare

News|29 November 2010

Debate about 'currency wars' and capital controls has dominated global economic policy making this autumn, but serious talks to reform a crisis-prone and outdated international monetary and financial system remain elusive. read article...

IMF economics put recovery at risk (not to mention people)

News|29 November 2010

Amid slowing global economic growth the IMF welcomed fiscal consolidation, despite warnings that in Europe and in developing countries austerity policies and consumption taxes are threatening recovery and harming the most vulnerable. read article...

Implementing IMF governance reform: Baby steps in slow motion

News|29 November 2010

IMF managing director Dominique Strauss-Kahn called agreements reached on IMF governance reform "historic". A closer analysis reveals that the shifts in votes are smaller than claimed and though the basic power structure of the IMF will better incorporate large emerging markets after two years, it will continue to be dominated by the US and Europe. read article...

Changing tone or changing policy? The World Bank's development research

News|29 November 2010

While the World Bank has lately changed its rhetoric on how to approach its knowledge role, critics fear that without internal governance reforms the new approach remains nothing but an empty slogan. read article...

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You are now browsing an archive version of the Bretton Woods Project's website. This site has not been updated since September 2013, but may be used for reference material as the nbew site is being developed. However we suggest you look at the new website:

Recent briefings & reports

Memorandum to the International Development Committee: Inquiry on the Future of UK Development Cooperation  26 June 2013

The Doing Business review: a test of World Bank leadership 24 June 2013

Climate Investment Funds Monitor 7: April 2013  25 April 2013

Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience  24 April 2013

The UK's role in the World Bank and IMF: Department for International Development and HM Treasury  13 March 2013

World Bank on jobs: a "significant departure" or "business as usual"? 13 February 2013

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