+ Development Funding Done Right / American Progress (March 2010):
"By 2030, carbon dioxide emissions from developing countries will actually exceed those from developed countries by 77%."
"The World Bank claims that it is now financing more low-carbon energy projects in the developing world, yet continue to receive more than carbon-intensive energy projectsfive times as much World Bank support ..."
"... the World Bank considers some coal-fired power plants to be low carbon ..."
+ South Africa is becoming a high-carbon zone to attract foreign investment / Guardian (April 2010):
"... wants another coal station that would pollute as much as the two dirtiest plants in Britain put together ... and they want you to pay for it. Far from benefiting ordinary South Africans, they will also be forced into subsidising this ... for the benefit of multinational mining companies."
"... South Africa and other major emerging economies like China ... establish themselves as global havens for the most environmentally destructive industries on Earth."
"... western governments ... determined to egg them on by making a $3.7bn (£2.4bn) World Bank loan to the South African state-owned power company Eskom to help build one of the most polluting power stations in the world."
+ CSOs demand reform of World Bank Group lending to private corporations / Bank Information Center (march 2010):
“... IFC should be raising the bar in terms of social and environmental responsibility ... but it is, instead, letting its own standards slide, resulting in water and air pollution and families being left without adequate homes or means to earn a living ..."
"... IFC-investments have had devastating impacts on local populations."
"'Day after day we see our friends die ... Instead of helping us get better medical care, the World Bank [IFC] gave a loan to the biggest corporation in Central America, Grupo Pellas.'"
+ World Bank research supports renewable energy expansion / Bank Information Center (March 2010):
"... compelling evidence ... that great potential exists for cost effective decentralized renewable power in large regions of rural Sub-Saharan Africa, contrary to conventional beliefs that renewable energy remains too costly for large-scale application."