New in #BWObserver Winter25: #COP30 agrees promising Just Transition Work Programme, as Global South unions reject @WorldBank’s #BillionsToTrillions approach to clean energy transition #Baku2Belem 🔗 https://t.co/fDj7OyTD2M

✊@WorldBank’s independent watchdog, @CAOoffice has accepted a complaint against @IFC_org over its advisory support to #IMEGroup for #Nepal’s Pathivara cable car on sacred #Mukkumlung mountain, violating FPIC violations of Indigenous Limbu communities. 🔗 https://t.co/Klmel12YZT

Very glad that the @IFC_org will finally be investigated for its role in this project in Nepal, where @RecourseTeam has supported Indigenous partners to file this case.

@IFC_org @CAOoffice @aipnee @LAHURNIPNepal "The IFC is currently reviewing its Performance Standards and must learn lessons on consultation, safeguarding cultural heritage and biodiversity, respecting Indigenous rights, and protecting them against retaliation," — Kate Geary, Recourse 6/6 https://t.co/fouaGSvc2S

@IFC_org @CAOoffice @aipnee “The CAO investigation into the complaint against the cable car project should move swiftly to remedy ongoing impacts of the project, including retaliations against the communities” — ADvocate Shankar Limbu, @LAHURNIPNepal @CAOoffice 5/6

@IFC_org @CAOoffice @aipnee “The project is destroying our forests, mountain and nature sacred to us. It disrespects our cultural heritage and our religion. No one ever asked us whether we want this cable car project." — Saru Singak, Mukkumlung Conservation Joint Struggle Committee 4/6

@IFC_org @CAOoffice “IFC’s support to the IME group, which has strong influence in Nepal, has contributed to the injustices against the Limbu people, whereby security forces have caused unprecedented reprisals against community leaders and activists,” — Prabindra Shakya @aipnee @IFC_org 3/6

@IFC_org The Compliance Advisor Ombudsman will now investigate allegations of violent retaliation against indigenous Limbu peoples and destruction of cultural heritage and biodiversity, in breach of IFC safeguards. @CAOoffice #IndigenousRights #Nepal #Pathivara 2/6

NEWS: @IFC_org watchdog accepts complaint filed by Indigenous leaders in Nepal over an environmentally destructive cable car on the sacred Mukkumlung mountain, habitat of endangered snow leopards and red pandas. Press release: https://t.co/fouaGSvc2S 🧵 1/6

NEW #BWObserver Winter 2025!❄️ We unpack rising sovereign debt pressures, what #FfD4 delivered, scrutiny of @IMFNews data, @WorldBank shareholding reform debates, legislatures’ role in debt workouts & the macro impact of extreme wealth concentration. 🔗 https://t.co/hqepeW3QiI

Taking place today! A webinar by the Debt & Climate WG reviewing #COP30 outcomes & opens space for civil society to strategise on linking the debt & climate crises and strengthening economic justice. 🕰️ 15:00 UTC (MEX 09:00 | ADD 18:00) Register ▶️ https://t.co/g3AAHqRfyh

Happening today. Join @bigshiftglobal webinar on what #COP30 signals for accelerating a fair, equitable transition. Featuring speakers from @CANIntl, @latindadd, and @RecourseTeam. 🕰️12:00–13:30 UTC (MEX 06:00 • MNL 20:00 • ADD 15:00) Join ▶️ https://t.co/5yEaB1Cv3b

🚨 New findings from the Bangladesh Energy Conference 2025 show @ADB_HQ fossil-heavy investments are deepening Bangladesh’s energy, economic & climate risks. 91% of ADB’s energy funding goes to gas, while renewables remain underfunded.

Cláusulas de pausa de la deuda, canjes de deuda, financiamiento mixto... Los bancos multilaterales de desarrollo propusieron todo tipo de 'soluciones' financieras en la COP30. Estos informes te ayudan a comprender por qué hablamos de ‘falsas soluciones’: https://t.co/aRJd4WlRd1

Les crises de la dette et du climat sont profondément liées. Cependant, les « fausses solutions » menacent de retarder les changements systémiques nécessaires pour les résoudre. Pour en savoir plus : https://t.co/aRJd4WlRd1 #COP30 #climat #FinancementClimatique @eurodad

@MIGA Fossil gas ties developing economies to volatile global markets and risks leaving stranded assets as the rest of the world decarbonises. @MIGA has committed to global climate goals. It must close these loopholes and encourage portfolio-wide fossil exclusions across its clients.

@MIGA Fossil gas is not a transition fuel. For heavily indebted countries like Argentina, LNG infrastructure carries major economic risks. #Gas expansion threatens delicate marine ecosystems in the San Matías Gulf, with knock-on impacts for local fishing and tourism livelihoods.

World Bank agency @MIGA has supported Santander with guarantees worth up to $500m. This enables the bank to operate in Argentina and frees up capital, which it can use to keep backing gas. Find out more at

New research reveals a surge in fossil gas expansion, with 279 new LNG projects planned around the world. 🔗 https://t.co/mndzfej8r2 European banks, including Santander, are among the top financiers driving this wave. In some cases, they are enabled by World Bank guarantees. 🧵

Las crisis de la deuda y el clima están profundamente conectadas. Sin embargo, las ‘soluciones’ falsas amenazan con retrasar los cambios sistémicos necesarios para resolverlas. Estos informes te explican más: https://t.co/igX3hcaoiR #DebtJustice @eurodad @latindadd @gcdcj