International Financial Institution (IFI) Reform Project

About this grant

The mounting evidence is that developing countries will be most impacted by climate change and will have an urgent need to make use of efficient, renewable energy. However, World Bank lending to developing countries does not address the energy needs of poor people and constrains long-term efforts to alleviate poverty in these countries. To address these challenges, the Sierra Club Foundation’s International Financial Institution Reform Project will seek to ensure that the World Bank energy policy limits lending for fossil fuel projects; strengthens and fully implements export credit agency reforms in the United States; increases lending awareness among decisionmakers on the environmental and social impacts of World Bank and other international financial institutions; and builds alliances with environmental and other nongovernmental organizations, especially local groups impacted by international financial institution-funded projects.