Driving Systemic Change in Finance Through Law to Help Save the World from Global Warming

July 11  2025 –  BCA's  Case Against the United States Department of Treasury Seeks to Compel Release of Documents Detailing Routine Failures of International Finance Corporation (IFC) and its Member State Shareholders to Adhere to their Climate Change Requirements 

Click Here for Global Capital Article by Jon Hay

August 11, 2025 -  Asia Times Op-ed by Jason Weiner, Executive & Legal Director, Bank Climate Advocates & Nazareth Del Pilar, Just Transitions Advocacy Officer, NGO Forum on ADB: Asian Development Bank (ADB) calls itself the “climate bank of Asia and the Pacific.” But with its proposed changes to its Energy Policy, it risks betraying that title.. 

Click here to read Asia Times Op-ed 

Click here for BCA's and 13 CSOs' July Climate Change Comments on the Legal Deficiencies in ADB's 2025 Energy Review Process 

October 30, 2024 - IFC has made climate a central part of its mission, but the way that it measures and manages greenhouse gas emissions in its investments could use work, according to the new report. 

by Adva Saldinger, Devex, (view web version here or PDF version here)

January 17, 2025 – Today, BCA submitted a letter on behalf of 28 organizations requesting IFC to Implement Its Independent Accountability Mechanism's (CAO's) determinations of IFC’s climate change policy requirements. The CAO Opinion (1) confirms BCA's interpretations of IFC’s obligations under its own board adopted policies in regards to GHG emissions quantification, alternatives analysis, and mitigation for each IFC investment prior to its financing decision, (2) establishes IFC is failing to adhere to these requirements, and (3) substantiates Bank Climate Advocates’ (BCA’s) findings demonstrating IFC’s systematic non-compliance with these policies across 350 IFC direct investments and IFC’s entire portfolio from 2012 to the present.  

Click here for BCA and 27 CSOs Request to IFC 

February 14, 2025 - BCA has submitted a Request asking MIGA to adhere to its climate change policies and to strengthen them  on behalf of 19 organizations. The Request (1) documents MIGA's systematic failures to adhere to its board adopted policies applicable to climate change across 60 direct, financial intermediary, and trade finance investments; (2) asks MIGA to adhere to its accountability mechanism's interpretation of MIGA's board adopted policy requirements applicable to climate change and MIGA's additional policy requirements; and (3) to improve its climate change policies and their implementation to come into alignment with MIGA's and its shareholders' obligations under international law.

Click here for BCA's and 18 CSOs' February 2025  Request to MIGA

Click here for the November 2024 Devex Article Covering the Unveiling of BCA's Groundbreaking Data Evidencing MIGA's Systematic Failures to Adhere to its Policy Requirements Applicable to GHG Emissions Quantification, Alternatives Analysis, Mitigation, and Disclosure Before Issuing Guarantees