Bank Climate Advocates retweeted
HAPPENING NOW: Civil Society Policy Forum on the potential integration of the World Bank and IFC/MIGA accountability mechanisms to ensure complainants’ best interests
Bank Climate Advocates retweeted
⚖️ Countries have a legal obligation to act on climate.
The World Bank Group and other MDBs must also step up, by ensuring that policies & practices support member states to reduce emissions & pursue clean energy pathways.
🗞️ Here's how and why: globalcapital.com/article/2f…
Bank Climate Advocates retweeted
⛽ @ADB_HQ review risks locking in LNG & stranded assets.
🌱 Fund renewables, not harm.
Read: tinyurl.com/ADBEnergyFailure
Bank Climate Advocates retweeted
While the @ADB_HQ Energy Policy Review is underway, remember: Critical minerals wealth flows North 🌍 — but the costs stay South:
❌ Water scarcity
❌ Land destruction
❌ Livelihood loss
ADB must ensure a fair, accountable & just transition.
READ: tinyurl.com/StopADBMining
Bank Climate Advocates retweeted
⚠️ Lifting the nuclear ban with ZERO risk review?
🚫 @ADB_HQ is skipping science, law, and public input.
🌏 Asia deserves better.
Read: tinyurl.com/ADBEnergyFailure
Bank Climate Advocates retweeted
🌏 Millions depend on @ADB_HQ’s energy decisions.
But its rushed review ignores science, dodges climate law, & backs false solutions.
Time to align with 1.5°C
Read: tinyurl.com/ADBEnergyFailure
Bank Climate Advocates retweeted
🚨 @ADB_HQ is fast-tracking fossil fuels 🔥, lifting the nuclear ban ☢️, and skipping environmental reviews ⚠️.
This isn’t climate leadership 🌍.
It’s climate betrayal 💔.
Read: tinyurl.com/ADBEnergyFailure
Bank Climate Advocates retweeted
Mozambique LNG is a known site of environmental and human rights violations – and the @EximBankUS approved billions of tax dollars to fund this project without proper environmental review, economic assessments, or public input.
We're taking them to court.
Bank Climate Advocates retweeted
🔥📢 Bank Climate Advocates sues U.S. Treasury for withholding IFC climate docs!
📄 BCA demands release of GHG impact & alternatives analyses for 13 high-emitting projects — crucial for 🌍 transparency & 🟢 Paris alignment.
READ: tinyurl.com/mvaad2vv
Bank Climate Advocates retweeted
World Bank Group guarantees — not as "green" as they seem?⚠️
New research shows how @MIGA guarantees are boosting big banks’ ability to invest in fossil fuels, including
🇲🇿 🇨🇦🇻🇳 LNG in Mozambique, Canada, Vietnam
🇦🇷 Oil & gas in Argentina
bit.ly/MIGA25 #FfD4People
Bank Climate Advocates retweeted
A historic deal to shift $41 billion per year out of fossil fuels to clean energy could be agreed tomorrow IF Türkiye stops blocking. @RTErdogan, @HMBakanligi - Türkiye must join with other countries & agree on an OECD deal to #StopFundingFossils: tinyurl.com/328knjeh
Bank Climate Advocates retweeted
A historic deal to shift $41 billion per year out of fossil fuels to clean energy could be agreed tomorrow IF Korea stops blocking. @President_KR, @mofa_kr, Korea must join with other countries and agree on an OECD deal to #StopFundingFossils: tinyurl.com/328knjeh
Bank Climate Advocates retweeted
.@vonderleyen, @WBHoekstra, @Keir_Starmer, @JustinTrudeau, @POTUS, we count on you to land an OECD deal that can free up $41 bn/yr in oil & gas finance for climate action. The time is now, don’t waste this opportunity. tinyurl.com/328knjeh #StopFundingFossils.
Bank Climate Advocates retweeted
.@KennethNanaAmo1: Korea, the world is watching. On December 10th, Korea can either join other countries in agreeing on a historic deal to end export finance for fossil fuels or hold back clean energy progress.
Which will it be @moefkorea_eng @MOTIEKoreaEng @MOFAkr_eng?
Bank Climate Advocates retweeted
The @WorldBank and #MDBs cannot be climate bankers while still being fossil fuel bankers.
Big Shift members on the ground at #COP29Baku react to the MDBs' joint announcement on #climatefinance
Read our press release here - bigshiftglobal.org/mdbs-cann…
Bank Climate Advocates retweeted
Today the development banks meet at #COP29 to celebrate "transformative climate action"
But we looked into what they counted as climate finance in 2023, and found problematic projects & failed prioritisation
Findings in thread 🧵
Press release & report👉bit.ly/COP29cf
Bank Climate Advocates retweeted
Join US Tomorrow at #WBGMeetings we’ll be discussing @MIGA - the importance of guarantees and their impact in the context of the @WorldBank Evolution Roadmap & existing evidence of MIGA’s social and environmental impact
Bank Climate Advocates retweeted
🚨TOMORROW at #WBGMeetings we’ll be discussing @MIGA - the importance of guarantees and their impact in the context of the @WorldBank Evolution Roadmap & existing evidence of MIGA’s social and environmental impact
JOIN US!⤵️
ALT THE IMPORTANCE OF MIGA: New Guarantee Platform and World Bank Evolution Roadmap Civil Society Policy Forum at the World Bank Group Annual Meetings 23/10 13:00-14:30 I 2-250
Bank Climate Advocates retweeted
📍#WBGMeetings
The World Bank's private sector arm, @IFC_org, has an obligation to prevent its finance from contributing to climate change harms.
What standards should it be holding itself to? Join us today for a panel with civil society, UN & IFC.
⏲️14:15-16:00 🏢 I 2-220
