The CSO coalition gives response to the World Bank Paris Alignment Methodology.
We analyze the instrument methodologies and sector notes fundamentally fail to respond to the scale of the climate crisis we confront. They miss an historic opportunity for the WB to play its part in the just transition to a renewable energy economy, and instead entrench WB support for a fossil fuel based energy model. Urgent revision of these documents is needed to ensure that all WB investments are driving just transition actions that keep global temperature rise below 1.5°C while delivering its overarching objectives of ending extreme poverty and boosting shared prosperity, while respecting and promoting rights.
1) Photo by Porapak Apichodilok/Pexels
2) Photo by Ryul Davidson on Unsplash
