One step forward, two steps back? The governance of the World Bank Climate Investment Funds
Journal Article
2008
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Oxford Institute for Energy Studies: Energy and Environment Comment
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Oxford Institute for Energy Studies
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University of Cape Town
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Abstract
The problem, in our opinion is that the World Bank tries to do so with complete disregard of the lessons reflected in the Paris Declaration. This is not only apparent in what does come across as a somewhat paternalistic tone in the blueprint (‘We need to transform … developing countries’) but much more seriously in the proposed governance structure for the CIFs. We feel that the many elements of the blueprint which are worthy of success will be unnecessarily doomed to failure if these governance shortcomings are not rectified speedily and whole-heartedly.
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Reference:
Müller, B. & Winkler, H. (2008) One step forward, two steps back? The governance of the World Bank Climate Investment Funds. Oxford, Oxford Energy and Environment Comment.