Blog

Finance in Common: A missed opportunity for leadership and ambition on climate and energy

12 Nov 2020

The Finance in Common Summit brought together over 420 public development banks (PDBs) including the multilateral development banks (MDBs) as well as regional and national development banks. Given the PDBs’ mandate for environmentally sustainable development, collaboration between these banks should have had the potential to catalyse investments and build momentum towards the achievement of the […]

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Finance in Common Joint CSO Statement

11 Nov 2020

Posted as an op-ed article here: https://news.trust.org/item/20201109103303-glxq3 Full CSO statement uploaded here: https://forus-international.org/en/resources/193 The world faces the gravest global health crisis in a century, intertwined with the rising social and economic inequality, the sixth mass extinction of species and record-breaking ecological and climate disasters. Against this backdrop of global upheaval, we call on public development banks meeting […]

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CAN Arab World holds its General Assembly

10 Nov 2020

Despite the challenges with having a virtual meeting, CAN Arab World pulled off a very successful General Assembly (GA) on 7 and 8 November. Members from Sudan, Lebanon and Yemen shared their challenges in dealing with multiple emergencies including impacts, the pandemic and political and economic upheaval. These particular members sounded the alarm on the issues they are facing, particularly with impacts and food insecurity.

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Finance in Common Summit: Public Development Banks must Deliver on the World We Want

10 Nov 2020

Originally posted as an op-ed article READ: Full CSO statement The world faces the gravest global health crisis in a century, intertwined with the rising social and economic inequality, the sixth mass extinction of species and record-breaking ecological and climate disasters. Against this backdrop of global upheaval, we call on public development banks meeting this […]

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CAN Reaction to the US Elections

9 Nov 2020

The Biden-Harris administration has won this victory on the back of a strong grassroots movement that has laid the groundwork for the fight for democracy, and transformative climate action. We salute and stand by our friends and allies in the United States who worked so hard to make this happen and together we will fight […]

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Blog 5.11.20 Finance in Common – An opportunity for bold climate action

5 Nov 2020

The Finance in Common Summit will be the first ever meeting of all 450 public development banks including the Multilateral Development Banks as well as regional and national development banks from across the globe The summit takes place on the 11th and 12th November and is organised by the AFD (French Development Agency), with the backing of President Macron and UN Secretary General Gutteres. It was due to take place in person in Paris but unsurprisingly has been moved online due to the pandemic.

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US Withdrawal from the Paris Agreement

4 Nov 2020

The formal withdrawal of the US today from the #ParisAgreement comes amidst a shifting tide of public support for urgent and far-reaching action to stop the climate crisis. Poll after poll show that the American people want climate-friendly policies. As the US formally exits the #ParisAgreement, the world is moving forward. China, Japan and South […]

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Blog 26.10.20 World Bank Annual meetings – Bolder Action Needed.

26 Oct 2020

The World Bank Annual meetings which took place virtually last week, saw calls from Big Shift Coalition members and many others for the bank to green its COVID-19 response, to stop funding fossil fuels and contribute to building the world we want.

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World Bank Annual Meetings – Bolder Action Needed

26 Oct 2020

The World Bank Annual meetings which took place virtually last week, saw calls from Big Shift Coalition members and many others for the bank to green its COVID-19 response, to stop funding fossil fuels and contribute to building the world we want. While President Malpass, who has been notably muted on climate since his appointment by […]

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Blog 19.10.20 Off target: World Bank’s fossil fuel addiction keeps energy poor countries in the dark

19 Oct 2020

The world is faced with an accelerating climate crisis. People who live in poverty in low and middle-income countries have contributed the least to climate change, yet they are the most vulnerable to its impacts. They are often directly dependent on natural resources to sustain their livelihoods. The impact of climate change is already putting a stress on these resources. Food shortages, increased food prices and lack of access to water are just some of the consequencesof extreme weather events, such as drought and flooding.

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