Germanwatch and Urgewald are organizing a one-day symposium to address the future of the World Bank’s development mandate against the backdrop of geopolitical pressures. While the current energy crisis again demonstrates the importance of phasing out fossil fuels, the climate agenda at the World Bank is under pressure despite massive financing needs. Coupled with recent developments regarding the Bank’s independent accountability mechanisms, this leads to questions about the quality, additionality and development impact of World Bank funding and the reliability of its governance mechanisms. How can the World Bank credibly implement its development mandate? What role can Germany and Europe play in preventing a rollback of environmental and social standards? What new alliances can be formed to strengthen the World Bank’s role in delivering its development mandate, including the just energy transition and in climate finance?
The symposium will bring together World Bank management, shareholder representatives, members of the German parliament and civil society representatives to discuss upcoming windows of opportunity and policy processes to maintain and strengthen climate, environmental and social standards at the World Bank, including the 2026 Annual Meetings, the review of IFC Performance Standards and the upcoming IDA replenishment.
Hotel Aquino
Berlin, Germany
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