banco mundial: catalizador del cambio climático devastador
Summary
The report criticizes the World Bank for its continued investment in 'dirty energy' and its leadership in expanding carbon markets. It highlights specific projects, such as the Medupi coal plant in South Africa and the Nam Theun 2 dam in Laos, as evidence of environmental and social harm. The document further contends that the Bank's promotion of REDD and carbon offsets leads to the privatization of forests and the marginalization of indigenous rights, while its role as an interim trustee for the Green Climate Fund is viewed as undemocratic and conflicted.
Key insights
- The World Bank's energy investments are heavily skewed toward fossil fuels and large dams, which together represent approximately two-thirds of its total energy investments, significantly outweighing its support for renewable energy and energy efficiency.
- In 2010, the World Bank reached a record in fossil fuel financing with $6.6 billion in credits, a 116% increase from 2009, with $4.4 billion specifically invested in coal-related projects.
- The World Bank provided a $3.75 billion loan for the Medupi coal-fired power plant in South Africa, which is expected to emit approximately 25 million tons of CO2 annually and may increase energy prices for the poor.
- The Nam Theun 2 dam project in Laos, financed by the World Bank and Asian Development Bank, has displaced 6,200 indigenous people and negatively impacted over 110,000 downstream residents.
- The World Bank manages 12 Carbon Funds with total capital exceeding $2.5 billion, which the report claims primarily serve the interests of industrialized nations seeking to meet Kyoto Protocol targets through offsets.
- The World Bank's Forest Carbon Partnership Facility (FCPF) is criticized for promoting REDD mechanisms that ignore customary land rights and the principle of Free, Prior and Informed Consent, particularly in Peru and Costa Rica.
- The World Bank's role as the interim trustee for the Green Climate Fund is contested by developing countries and civil society due to concerns over democratic accountability and potential conflicts of interest.
Cite the original document
- APA
- Zacune, J. (2011). banco mundial: catalizador del cambio climático devastador. Friends of the Earth International. https://www.foei.org/wp-content/uploads/2020/12/catalizador-del-cambioclimatico-devastador.pdf
- Chicago
- Zacune, Joseph. banco mundial: catalizador del cambio climático devastador. Friends of the Earth International, 2011. https://www.foei.org/wp-content/uploads/2020/12/catalizador-del-cambioclimatico-devastador.pdf.
- Wikipedia
- {{cite report |last1=Zacune |first1=Joseph |title=banco mundial: catalizador del cambio climático devastador |publisher=Friends of the Earth International |date=June 2011 |url=https://www.foei.org/wp-content/uploads/2020/12/catalizador-del-cambioclimatico-devastador.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{zacune2011banco, author = {Zacune, Joseph}, title = {{banco mundial: catalizador del cambio climático devastador}}, institution = {Friends of the Earth International}, year = {2011}, month = jun, url = {https://www.foei.org/wp-content/uploads/2020/12/catalizador-del-cambioclimatico-devastador.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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