World Bank

World Bank

Through a local energy plan, Mai Thi Chau is helping her commune in Vietnam’s Ca Mau province switch to renewable energy systems and biogas cooking, to save time and money. Photo: Tessa Bunney/Oxfam

Powering the transition: World Bank and other IFI energy lending in Asia

This paper examines current and planned IFI energy sector support in Asian climate-vulnerable countries. It shows how this is not yet fit for purpose, and recommends how IFIs can intervene at this critical juncture to give governments the confidence to accelerate the transition to renewable energy for all.

IFC takes important step to cut support for coal

After years of campaigning by Oxfam and others, the International Finance Corporation announced it will require new financial intermediary clients to publicly disclose their links to coal and will work with them to reduce and potentially drop these investments.

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