Accountability gaps at the AIIB
The Asian Infrastructure Investment Bank’s capital markets projects are putting people and the planet at risk, as they support fossil fuels and compromise accountability in the name of ‘innovation’.
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The Asian Infrastructure Investment Bank’s capital markets projects are putting people and the planet at risk, as they support fossil fuels and compromise accountability in the name of ‘innovation’.
Are the multilateral development banks making progress on the just transition to clean, accessible energy systems, or are they still funding fossil gas and false solutions?
In the rush to set up new Country Platforms for climate and development finance, there are important lessons to heed from the experience of the Just Energy Transition Partnerships.
The International Finance Corporation has an opportunity to improve standards across the financial sector, as it reviews its safeguards policy. Civil society groups are calling for new safeguards on financial intermediaries, climate, and gender.
Recourse targets development finance as a means of influencing the wider investment community, financial flows and governments, to ensure inclusive, environmentally sustainable, socially just and pro-poor development.