In its own words, the World Bank Group’s position as a leading source of global fossil fuel financing poses a “clear and present danger” to its reputation and the global commons. This brief shows that over $24 billion of World Bank financing has poured into projects designed to extract, transport, process and burn fossil fuels drilled and mined from developing countries from 1992 to 2002. The cumulative impacts of these hundreds of projects are considerable. While transferring natural resources into transnational private hands, the World Bank is aiding and abetting economic disparity, repression, political instability, local environmental disasters, and global climate change.
- Make Your Investments Fuel Change
- Forcing an Island of Peace to Host a Billion-Dollar Military Base
- Making Windmills out of Warplanes
- The Fight to Keep Toxic Mining—and the World Bank—Out of El Salvador
- Drilling Through the Noisy Climate Debate
- While We March for the Climate, Governments Meet with Polluters
- Darden’s Golden Goodbyes
- COMBAT VS. CLIMATE: The Military and Climate Security Budgets Compared
- Executive Excess 2014: The Obamacare Prescription for Bloated CEO Pay
- Walmart’s Executive Bonuses Cost Taxpayers Millions
- The One Percent at State U
- A Call for the Building of an Alternative Legal Framework to the International Investment Treaties: favoring the Public Interest while doing away with Transnational Corporate Impunity
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