Call on Governments to End Fossil Fuel Subsidies

June 9, 2012By Traci RomineBlog Post, Featured, Separate Oil and State 3 Comments

Hundreds of governments and thousands of stakeholders will meet at the Rio+20 Conference in Brazil this month to chart a future for the health of the planet, our human family and economies worldwide. The question is whether that future will include continuing public fossil fuel subsidies, which could climb to a staggering US$775 billion to an estimated US$1 trillion … Read More

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

November 30, 2011By Elizabeth BastBlog Post, Research & Opinions 2 Comments

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 … Read More

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

June 7, 2011By Elizabeth BastBlog Post, Research & Opinions 3 Comments

Tuesday, June 7, 2011 FOR IMMEDIATE RELEASE CONTACT: Elizabeth Bast, Oil Change International, 202-641-7203, ebast [at] priceofoil [dot] 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, … Read More

A Pro-Poor, Pro-Climate Energy Strategy

June 7, 2011By Elizabeth BastBlog Post, Featured

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 … Read More