No role for World Bank in climate finance

An Open Letter to the Governments of the World Meeting at the UNFCCC in Cancun

People and communities throughout the global South need hundreds of billions of dollars each year to deal with the impacts of climate change, build resiliency and adopt alternative development pathways. The cost of compensation for past, present, and future damages due to climate change will only grow if, in addition, the necessary measures are not taken in the industrialized countries to make a just transition to equitable, non-fossil fuel based economies.

We call on the governments of the world to comply with their obligations to ensure that new and additional public resources for climate finance are made available now in a way that is founded on the principle of historical responsibility, does not add to debt burdens, and is free from policy conditionalities.

We urge you to set up a Global Climate Fund under the authority of the UNFCCC that has an equitable governance structure, prioritizes the participation of affected communities, operates with full transparency and accountability, and provides direct access to funding.

The World Bank and other multilateral development banks must not be given a role in establishing or governing the new Global Climate Fund nor in managing climate finance. Their nature, structure and track record stand in contradiction to what should be the principles of fair and effective climate finance, and the structure and operations of a new fund.

  • The World Bank is a lending institution that has long been imposing policy conditions and programs on South countries and peoples through its loans.  Giving a role to the World Bank in climate finance will result in a significant part of climate finance flowing as loans, and will very likely come with conditionalities.
  • The World Bank’s governance structures are undemocratic, with representation dominated by governments of rich, industrialized countries The Global Climate Fund should have a majority representation of South countries in its governance structure since they are the world’s majority and most affected by climate change.  The needs and rights of communities impacted by climate change, and the transition to equitable and sustainable economies based on sovereign, democratic control and governance of natural resources must be at the center of decision-making on climate finance.
  • The World Bank has a long track record of undermining human rights and ecological integrity. For example, in 2010 alone, the World Bank financed a record high $6.3 billion to fossil fuel projects, a 138% increase over the previous year. An institution that actively promotes the causes of global warming should not be given a role in global climate finance. Rather, it must be pressed to end such policies and practices, including the many false solutions that the Bank is now promoting.
  • The World Bank actively privileges the private sector and private capital markets over public interests.  Climate finance must be used to support the public good, not to promote private profit and the commodification of nature. It must come in the form of public resources, not rely on market-based programs for its generation and application. Innovative tools for raising public resources are already in our reach including redirecting fossil fuel subsidies and military spending, and taxing financial speculation.

We call on you, the governments of the world, to keep the World Bank and other multilateral development banks out of the new Global Climate Fund and out of climate finance.

Signed,

International Organizations & Networks

350.org

ActionAid

Friends of the Earth International

Global Anti-Incinerator Alliance (GAIA)

Grassroots International

International Federation of Hawkers and Urban Poor

International Trade Union Confederation (ITUC)

International Youth and Student Movement for the United Nations (ISMUN)

Jubilee South

LDC Watch

Marianists International

NGO Jeunes Volontaires pour l’ Environnement-International

Oil Change International

People’s Health Movement

Society for Threatened Peoples International

Transnational Institute

Regional Organizations & Networks

Alternatives Asia

Amigos de la Tierra – América Latina y el Caribe (Friends of the Earth Latin America / Caribbean)

Campaña Mesoamericana para la Justicia Climática  – Mesoamerican Campaign for Climate Justice

Charter of Human Responsibilities – Asia

Corporate Europe Observatory

European Network on Debt and Development (EURODAD)

Federación de Amigos de la Tierra (Friends of the Earth Federation)

Focus on the Global South

Iniciativa contra los Agronegocios – America Latina

JS-Asia/Pacific Movement on Debt and Development

Jubileu Sul / Américas  – Jubilee South / Americas

Pan African Climate Justice Alliance (PACJA)

South Asian Alliance for Poverty Eradication (SAAPE)

South Asian Dialogues on Ecological Democracy (SADED)

Country Organizations & Networks

ASIA

BANGLADESH

Bangladesh Jatiyo Sramik Jote

Bangladesh Krishok Federation

Coastal Association for Social Transformation Trust (CoasTRUST) – Bangladesh

Coastal Development Partnership (CDP) – Bangladesh

Community Development Friend (CDF) – Bangladesh

Community Development Library – Bangladesh

EquityBD – Bangladesh

HumanityWatch – Bangladesh

ISDE- Bangladesh

Participatory Reserach and Development Initiative (PRDI) – Bangladesh

SUPRO – Bangladesh

VOICE – Bangladesh

HONGKONG

Justice, Peace and Integrity of Creation of the Missionary Society of St Columban – Hongkong

INDIA

Abasan Jeebika Raksha Sangram Committee- India

All India Bank’s Deposit Collector’s Federation

Bharat Jan Vigyan Jatha – India

Calcutta Hawker’s Men’s Union – India

Environics Trust – India

EQUATIONS – India

Himalaya Niti Abhiyan – India

Humanity Watch – India

Indian Social Action Forum – India

Intercultural Resources Delhi – India

Janapriya Bazar Hawker Sangram Committee- India

mines, minerals and People (mmP) – India

National Forum of Forest People & Forest Workers – India

National Hawkers Federation – India

Sanitary, Pipe & Painting Workers Union – India

Pannya Paribahan Sangram Samity – India

United Investors Forum – India

INDONESIA

Institute for Essential Services Reform

Koalisi Anti Utang – Indonesia

KruHA (People’s Coalition on Rights to Water) – Indonesia

Sari – Solo Indonesia

Serikat Buruh Indonesia (Indonesia Labour Union-SBI)

Serikat Nelayan Indonesia (Indonesia Fisherfolk Union-SNI)

Serikat Tani Merdeka (SETAM)- Indonesia

Solidaritas Perempuan – Indonesia

Suluh Muda Indonesia (SMI)– North Sumatra

JAPAN

ATTAC – Japan

Jubilee Kanasai Network – Japan

KOREA

Energy and Climate Policy Institute for Just Transition (ECPI) – Korea

KYRGYZSTAN

Citizens against Corruption – Kyrgyztan

MALAYSIA

Monitoring Sustainability of Globalisation (MSN) – Malaysia

NEPAL

All-Nepal Peasant Federation (ANPFa)

National Alliance for Human Rights and Social Justice – Nepal

Rural Reconstruction Nepal

GEFONT – Nepal

Jagaran – Nepal

PAKISTAN

AWAMI Party Pakistan

CADTM – Pakistan

Labour Party Pakistan

Pakistan Fisherfolk Forum

Pakistan Kissan Rabita Committee

PHILIPPINES

Aksyon Klima – Pilipinas (Climate Action – Philippines)

Aniban ng mga Manggagawa sa Agrikultura (Union of Agricultural Workers –AMA) –Philippines

Bukluran ng Manggagawang Pilipino (Solidarity of Filipino Workers-BMP)-Philippines

Bukluran Student Alliance – PLM -Philippines

Ecological Society of the Philippines

Envi-Watchers and Movers – Philippines

Faith-based Congress against Immoral Debts (FCAID)-Philippines

Freedom from Debt Coalition (FDC) – Philippines

Institute for Climate and Sustainable Cities (ICSC) – Philippines

KAISA – Nagkakaisang Iskolar para sa Pamantasan at Sambayanan (United Scholars for the University and the People) – UP Diliman -Philippines

KAISA KA (Unity of Women for Freedom) – Philippines

Kilusan para sa Pambansang Demokrasya (Movement for Nationalism and Democracy-KPD) – Philippines

Koalisyon ng Pabahay sa Pilipinas (KPP)-(Coalition for Housing Rights-Philippines)

MAKABAYAN-Pilipinas

Manggagawa para sa Kalayaan ng Bayan (Workers for National Democracy- MAKABAYAN) – Philippines

Philippine Movement for Climate Justice (PMCJ)

Sagip Sierra Madre Environmental Society, Inc. (SSMESI) – Philippines

SANLAKAS – Philippines

Sarilaya –Philippines

Sibuyan Island Sentinels League for Environment Inc. (Sibuyan ISLE) – Philippines

Xaverian Missionaries- Philippines

Youth for Nationalism and Democracy (YND) – Philippines

SINGAPORE

Environmental Challenge Organisation –Singapore

THAILAND

Tourism Investigation & Monitoring Team (TIM-Team) – Thailand

LATIN AMERICA and the CARIBBEAN

ARGENTINA

ATTAC – Argentina

Diálogo 2000 – Argentina  (Dialogue 2000 – Argentina)

BRAZIL

Amigos da Terra Brasil (Friends of the Earth  Brazil)

FASE – Solidarity and Education – Brazil

Fórum Mudanças Climáticas e Justiça Social – Brasil  (Brazil Forum on Climate Change and Social Justice)

Instituto Políticas Alternativas para o Cone Sul – PACS  (Institute of Alternative Policies for the Southern Cone PACS) – Brazil

Jubileu Sul  Brasil – Jubilee South Brazil

Rede Brasil sobre Instituições Financeiras Multilaterais – Brazil Network on Multilateral Financial Institutions

Sindicato dos Professores de Nova Friburgo e Região (Union of Professors, Nova Friburgo and Region, Rio de Janeiro, Brasil)

COSTA RICA

Red Costarricense de Agendas  Locales de Mujeres  RED CALM ACAMUDE  (Costa Rican Network of Local Women´s Agendas)

COLOMBIA

Reta Tu Lado Verde! – Colombia

EL SALVADOR

Unidad Ecológica Salvadoreña UNES – Salvadoran Ecological Unit UNES – El Salvador

HAITI

Batay Ouvriye – Haití

HONDURAS

Bloque Popular Honduras (Popular Block Honduras)

MEXICO

Red Mexicana de Accion frente al Libre Comercio (RMALC) – Mexico

Otros Mundos AC/Amigos de la Tierra México (Other Worlds / Friends of the Earth Mexico)

PANAMA

FRENADESO – Panamá (National Front on Economic and Social Rights – Panama)

VOCES ECOLÓGICAS (Ecological Voices) – Panama

AFRICA

GHANA

Abimbimman Foundation – Ghana

African Youth Initiative on Climate Change (AYICC )- Ghana

Centre for Youth Development Advocacy (CYDA) – Ghana

Ghana National Youth Coalition on Climate Change (GNYCCC)

KENYA

Daughters of Mumbi Global Resource Center – Kenya

Jesuit Hakimani Centre – Kenya

Kenya Debt Relief Network – KENDREN

MOROCCO

Moroccan Youth Climate Coalition (MYCC)

SENEGAL

Third World Forum – Senegal

SOUTH AFRICA

Centre for Civil Society Environmental Justice Project – South Africa

Climate Justice Now! – South Africa

Cooperative and Policy Alternative Center (COPAC) – South Africa

Earthlife Africa Cape Town – South Africa

Economic Justice Network of the Fellowship of Christian Councils – South Africa

Institute for Zero Waste – South Africa

Jubilee South Africa

Renewable Energy Centre– South Africa

South Durban Community Environmental Alliance – South Africa

Southern Africa’s People’s Solidaritary Network (SAPSN)

Surplus People Project – South Africa

Timberwatch Coalition – South Africa

Trade Strategy Group – South Africa

Zwartkops Conservancy – South Africa

ZIMBABWE

Zimbabwe Coalition on Debt and Development (ZIMCODD)

EUROPE

AUSTRIA

Begegnungszentrum fuer aktive Gewaltlosigkeit (Center for Encounter and Active Non-Violence) – Austria

ECA Watch – Austria

BELGIUM

11.11.11 – Belgium

CADTM – Belgium

FRANCE

Action Consommation –France

AITEC-IPAM – France

Alter Ekolo –France

ATTAC – France

CADTM -France

Friends of the Earth – France

World Forum for Alternatives – France

GERMANY

ATTAC – Germany

FDCL – Berlin – Germany

NaturFreunde Deutschlands

ROBIN WOOD– Germany

URGEWALD – Germany

Zukunftskonvent – Germany

World Economy, Ecology and Development – Germany

HUNGARY

ATTAC – Hungary

IRELAND

East Cork For a Safe Environment – Ireland

ITALY

A Sud – Italy

Campagna per la Riforma della Banca Mondiale (CRBM) – Italy

Comitato Italiano per il Contratto Mondiale per l’Acqua (CICMA) – Italy

Fair  – Italy

Forum Italiano dei Movimenti per l’Acqua – Italy

Mani Tese – Italy

Servizio Civile Internazionale – Italy

NORWAY

The Development Fund – Norway

RUSSIA

Russian Far East NGO BROC

SPAIN

ATTAC – Spain

Ecologistas en accion

Verdegaia – Spain

SLOVENIA

Sissi Siko – Slovenia

SWEDEN

Forum Syd

SWITZERLAND

Aktion Finanzplatz Schweiz – Switzerland

La Coordination Climat et Justice Sociale de Genève Suisse – Switzerland

Le Comité pour l’Annulation de la Dette du Tiers Monde de Suisse – Switzerland

UNITED KINGDOM

Jubilee Debt Campaign – UK

People & Planet – UK

Platform – UK

Share The World’s Resources (STWR) – UK

The Corner House – UK

World Development Movement – UK

NORTH AMERICA

CANADA

Council of Canadians

KAIROS: Canadian Ecumenical Justice Initiatives

Polaris Institute – Canada

UNITED STATES

Advocates for Environmental Human Rights – USA

Amazon Watch – USA

Cascade Climate Network – USA

Crude Accountability – USA

EcoEquity – USA

Green Delaware – USA

Holy Spirit Missionary Sisters – JPIC – USA

Institute for Agriculture and Trade Policy

Institute for Policy Studies – Sustainable Energy and Economy Network – USA

Jubilee San Diego – USA

Jubilee USA Network

Labor/Community Strategy Center and Bus Riders Union – USA

Leadership Conference of Women Religious – USA

Little Village Environmental Justice Organization – USA

Maryknoll Office for Global Concerns– USA

New York Climate Action Group – USA

Rainforest Action Network – USA

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