Oil Change International

Our sites: The Price of Oil | Dirty Energy Money | Shift the Subsidies

Donate Now Take Action

Posts in World Bank

• Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years

  Elizabeth Bast

  Nov30

  Development Banks Still Financing Dirty Energy New Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years Nov. 30, 2011, Durban, South Africa – Major multilateral development banks have provided financing of over $40 billion to fossil-fuel energy development since 2008, according to the new Shift the Subsidies database (http://shiftthesubsidies.org), launched today by…
  Continue reading ‘Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years’.

• 

  Civil Society to World Bank: Clean Up Dirty Energy Financing

  Elizabeth Bast

  Nov29

  New report shows institution lacking clean energy lending strategy and instead considering a new loan for coal power in Kosovo BASIC South Initiative – Campagna per la riforma della Banca Mondiale (Italy) – Friends of the Earth U.S. – groundWork (South Africa) – International Rivers – Oil Change International – Sierra Club (U.S.) – Urgewald…
  Continue reading ‘Civil Society to World Bank: Clean Up Dirty Energy Financing’.

• Report Finds World Bank’s Energy Lending Fails to Target the Poorest

  Elizabeth Bast

  Jun07

  Tuesday, June 7, 2011 FOR IMMEDIATE RELEASE CONTACT: Elizabeth Bast, Oil Change International, 202-641-7203, ebast@priceofoil.org Patricia Brooks, ActionAid USA, 202-351-1757 Report Finds World Bank’s Energy Lending Fails to Target the Poorest, Calls for Decentralized Clean Energy to Achieve Development Goals WASHINGTON, D.C. – New research released today by Oil Change International, ActionAid International and Vasudha…
  Continue reading ‘Report Finds World Bank’s Energy Lending Fails to Target the Poorest’.

• 

  A Pro-Poor, Pro-Climate Energy Strategy

  Elizabeth Bast

  Jun07

  For the past year, the World Bank has been reviewing its strategy for energy lending.  Responding to years of critiques and complaints from communities, activists, the Bank has taken a year to confirm what development advocates have been saying for quite a while: ensuring energy access for the poor is a critical step in alleviating…
  Continue reading ‘A Pro-Poor, Pro-Climate Energy Strategy’.

• 

  World Bank Executives: Stop Defending Dirty Energy for the Poor

  Traci Romine

  Apr19

  The World Bank Group, perhaps the best-known publicly-funded international development institution, is pitched in an important battle over the future of its energy lending. Unfortunately, if some Bank executives have their way, the new Energy Strategy will become a blueprint for straddling the world’s poorest nations and people with dangerous and polluting energy. That’s because…
  Continue reading ‘World Bank Executives: Stop Defending Dirty Energy for the Poor’.

• Join this Friday’s Rally at the World Bank: Support Clean Energy for the Poor

  Traci Romine

  Apr14

  We need your help this Friday to call on the World Bank Group to direct its energy lending to provide healthy, clean energy access to the world’s poor. Currently, 1.4 billion people mostly in rural Asia and Africa are without access to electricity. The World Bank says that alleviating this energy poverty is one of…
  Continue reading ‘Join this Friday’s Rally at the World Bank: Support Clean Energy for the Poor’.

• Join the International Call: World Bank, Free Us from Fossil Fuels

  Traci Romine

  Feb24

  It’s time to shift international energy investments to support energy services that are clean, reliable, and sustainable, and honestly provide energy access for the poorest. You can help. The World Bank – an influential development bank that runs on taxpayer money – is currently updating its Energy Strategy that will guide its investments for the…
  Continue reading ‘Join the International Call: World Bank, Free Us from Fossil Fuels’.

• 

  Global Climate Fund In, World Bank Out

  Elizabeth Bast

  Dec08

  With only a few days to go in the UN climate talks in Cancún, many questions remain on the outcomes, including on one of the most important issues currently on the table – climate finance. Finance in the context of the climate talks refers to funding for developing countries to address climate needs – financing…
  Continue reading ‘Global Climate Fund In, World Bank Out’.

• 

  Report: G20 Fossil Fuel Subsidy Phase Out

  Steve Kretzmann

  Nov08

  G20 Fossil-Fuel Subsidy Phase Out: A review of current gaps and needed changes to achieve success Oil Change International & Earth Track November 2010 Download the full report, G20 Fossil-Fuel Subsidy Phase Out (PDF) The Economist: “Green view: How to save $300 billion,” November 12, 2010. Financial Times: Alan Beattie, “G20 countries accused of fossil…
  Continue reading ‘Report: G20 Fossil Fuel Subsidy Phase Out’.

• 

  The Polluter’s newfound concern for the Poor

  Steve Kretzmann

  Oct06

  Two days ago in St. Louis, the head of the largest coal producer in the US, Peabody Energy’s Gregory H. Boyce, delivered the keynote address on ‘The Future of Fossil Fuels’ at the Global Energy Future Symposium at Washington University in St. Louis. His message was to “put people first” by supporting policies that prioritize…
  Continue reading ‘The Polluter’s newfound concern for the Poor’.