The World Bank’s proposed Climate Investment Funds (CIF) are stirring controversy among governments and NGOs, largely because of the Bank’s record as the world’s largest multilateral lender for fossil fuels. NGOs are especially concerned that the top-down, donor-driven funds will conflict with and undermine parallel efforts under the auspices of the UN’s Climate Convention.

Bangkok statement on wbg climate funds

World Bank Climate Funds Primer From TWN