NEW briefing from @brettonwoodspr on the first year of @WorldBank Paris-aligned energy lending: $13bn of $19bn committed flowed through opaque policy-based lending instrument - Development Policy Financing - where citizens/CSOs are often not consulted on proposed reforms! 👀
In a new briefing published today, we look at what @WorldBank's Paris alignment approach has meant for its lending in the energy sector
We find that green conditionality via 'policy based lending' dwarfed direct investments in renewable energy: https://t.co/FZWmvGzmTV
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#News Lens: 90+ civil society organisations call on the @WorldBankGroup to act on the soon to expire Climate Change Action Plan (CCAP) & come up with a clear plan about how to advance its climate commitments👇
https://t.co/Psnl4QFbJL
Ed Miliband just announced that the Government will aim to delink the price of electricity from gas, something we’ve argued for since 2022.
This is bold, welcome, and targets a core problem in Britain’s electricity prices.
How this happens, though, matters enormously. 🧵
As the war in Iran wreaks havoc on developing countries, a new issuance of special drawing rights can reduce the risk of financial crisis contagion + create tens of thousands of US export-related jobs without costing taxpayers a dime, @Ivana_V_L & @michael_galant argue. @thehill
Very pleased that - of course - the Charity Commission has found 100% in favour of the wonderful @CityofSanctuary in a spurious complaint against them based on misinformation made, shamefully & pathetically, by Tory MP @GavinWilliamson.
Love beats hate, once again💪🥰
New BWP Scorecard gives @WorldBank grade C- on climate finance against #ClimateJustice principles
The World Bank reported $50.8bn in climate finance in 2025 – but concerns remain over whether it meets justice and equity principles, with only 9% provided as grants 🧵
in a sane world this would have happeend 20 years ago.
if your country's politicians aren't saying this during the US-Israel-Iran War...throw them out.
"We need homegrown clean power that we can control"
agree w Erica. Disruptions mean Countries will rush to exit US-led oil order.
Worst case scenario for oil ceos (best for rest of us) is that people permanently shift...what they call “demand destruction“
Iran war will accelerate ongoing shift to solar+EVs+batteries. ie CN winner
Something that hasn't sunk in, is that these losses in revenue, damage to infrastructure, and cost of defense as well as replenishing and upgrading military supplies, will all likely reduce Gulf budgets for foreign aid and reconstruction in the region that the West relied on 🧵
In his deposition, DOGE employee Justin Fox said he used AI to tag DEI grants to cancel — without ever instructing the AI on what DEI is. Among the grants terminated was a $350k grant to replace an aging HVAC system at the High Point Museum in North Carolina. The AI flagged it because the grant stated, ‘Improving HVAC systems enhances preservation conditions for collections, aligning with the goal of providing greater access to diverse audiences.’
Milei campaigned as "the mole" who'd destroy the state from within. Turns out a president who doesn't believe in government isn't great at managing an economic crisis.
Argentina needs actual governance, with an economic strategy, not a chainsaw. https://t.co/b8IRHJ6WBD
Despite escalating economic costs of climate impacts and primacy of greentech in geopolitical tensions, US insists climate not ‘core’ to @IMFNews’s work – potentially deepening the Fund’s crisis of legitimacy
More in our #BWObserver Autumn 25👉https://t.co/TDfNQlFsWs
🔵 From Latindadd and @ceprdc, we propose key elements for the playbook on #SDRs, within the framework of the Seville Commitment, which would provide access to financing and liquidity for the Global South in the face of the ongoing crises and limited access to concessional finance.
👉🏼 Read our working paper: https://t.co/VHnolTdgLs
At the plenary session of the @IMFNews and @WorldBank#annualmeetings2025: the institutions double down on a private finance first model to support sustainable development, but the evidence shows that this is a risky bet. The inside rhetoric does not match the outside reality.
@christian_aid Great to see @IMFNews Mark Flanagan endorse debt legislation on private creditors. @RachelReevesMP, the draft legislation has already been tabled by @BambosMP, let's get it done! 📣📣📣
🚨Breaking🚨 IMF's Mark Flanagan says we need to advocate for statutory approaches to debt restructuring that make sense. Time for UK debt legislation that compels private creditors to the table.
Tune in today for a #IMFmeetings CSPF event on IMF's Comprehensive Surveillance Review and economic sustainability, with experts from civil society organisations and @IMFNews
📅 15 Oct, 11:00-12:30 DC
📍IMF HQ2-03B-768B
Zoom: https://t.co/VFNwtZkb8C
CSO space literally shrunk this year at the @WorldBank's town hall, with a big round-stage set up taking up half the room and civil society following the event in overflow rooms. Many questions are still to be answered. #WBMeetings#AMCSO25
70 civil society groups are calling on the @IMFNews to create an SDRs Playbook. SDRs provided $650B in COVID relief without fueling inflation. Now we need reforms to unlock their full potential during crises
🔍https://t.co/2hGGWHcKey
Alongside 70 civil society groups worldwide, we're calling for an #SDRs Playbook. This reform can transform how countries access crisis finance—no debt strings attached. @IMFNews should listen.
Check the letter with our demands here: https://t.co/Lb8kjQK9LV
@ceprdc