BCA IN THE NEWS
International Finance Corp does not release assessments of whether lower-carbon alternative projects would be viable
An NGO is suing the US Treasury for failing to disclose the environmental analysis that allowed the International Finance Corp to finance 13 projects in developing countries that it says will cause high greenhouse gas emissions. The legally innovative suit by Bank Climate Advocates was filed ...
July 11, 2025, Jon Hay, Global Capital (click here to view article)
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.
October 30, 2024, Adva Saldinger, Devex,
(view web version here or PDF version here)
The World Bank launched a one-stop guarantee shop. Here’s how it’s going
In a bid to increase private capital flows to the countries where it works the World Bank Group is streamlining and scaling its guarantee business. Some civil society organizations have raised concerns about scaling up MIGA, citing instances where it has not always adhered to its own environmental, social, and disclosure rules.
November 26, 2024, Adva Saldinger, Devex,
(view PDF version here or web version here)
Emitting hot air. If you can’t accurately measure a problem, can you really fight it? The World Bank’s International Finance Corporation gets chastised by its independent watchdog
October 31, 2024, Anna Gawel , Devex,
(view PDF version here or web version here)
CAO report finds IFC non-compliant with its own GHG emissions obligations
CAO report substantiates civil society findings about IFC’s failure to comply with its own requirements for GHG emissions measurement, alternatives analysis, mitigation and disclosure.
Winter 2024 Edition, Bretton Woods Observer,
Civil society raises concerns of widespread IFC noncompliance with its own Performance Standards on greenhouse gas emissions.
New analysis by Bank Climate Advocates of 300 projects found IFC failed to follow its own guidelines on ‘emissions quantification, alternatives analysis, mitigation, disclosure and affected communities impact assessment’.
October 4, 2023, Bretton Woods Observer,