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2026

2026

World Bank Group Increases Lending for Fossil Fuels and Large Hydro

The World Bank Group (WBG) increased financing for both fossil fuels and large hydropower significantly this past year, while financing for clean energy dropped. Overall, only 8 percent of the Bank’s energy financing last year was aimed specifically at the...

Crude Oil Export Ban: What You Need to Know

As the Chamber of Commerce releases their energy "policy" today and renews their call to overturn the crude oil export ban, here is what you need to know about the consequences of doing so, and Big Oil's motivations in advocating...

New Report Gives World Bank an ‘F’ on Clean Energy Access

Today, the Sierra Club and Oil Change International released a new report highlighting the failure of the world’s top multilateral development banks (MDBs) to align their energy lending with the International Energy Agency’s (IEA) projections for ending energy poverty.