Press Releases & Media Infos

• Documentary sheds light on World Bank activities in Guyana
• The Bank got involved following one of the biggest crude discoveries of our time
• Exxon and a dozen other oil companies are hoping to extract more than 8 billion barrels of oil

• World Bank provides assistance and finance for fossils despite climate pledge
• Energy transition too slow to avert climate crisis
• Ongoing fossil fuel investments push world past 1.5°C global warming

• IFC has vowed to adopt the NGO’s coal exit criteria for Green Equity Approach
• The corporation urges clients to screen their coal exposure against the list
• Similar exit from oil and gas must follow immediately

• Climate finance experts reveal major loopholes in hundreds of financial institutions' coal policies
• New online tool exposes banks, insurers, asset owners and asset managers with no restrictions on coal
• Weak policies could lead to expansion of coal industry if left unchecked

• Siemens Spin-off will heavily rely on risky fossil projects around the world
• Israeli politicians and municipalities oppose new gas-fired power plant
• Coal-fired power plant in Indonesia harms climate and health of inhabitants

A coalition of non-governmental organizations has criticized the 2020 Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) for not allowing the participation of affected communities and civil society during the meeting that took place in late July.