Press Releases & Media Infos

Press Release

Washington, D.C. 11.04.2019

•    Large-scale Study on 675 Active World Bank Energy Projects

•    21 Billion Dollars for Fossil Fuels, Only 7 Billion For Clean Renewable Energy 

•    Bank Must Stop Supporting Fossil Industries and Advocate an Upstream Carbon Tax for Fossil Exploration and Extraction 

Press Release

Berlin/Oslo, February 27, 2019

The NGOs Greenpeace Norway, Framtiden i våre hender (FIVH) and Urgewald have again trawled through the Norway’s Oil Fund holdings portfolio and identified 32 companies that should have been excluded under the coal exclusion criteria. The Fund is also invested in 16 companies that are building new coal-fired power plants. The numbers don’t lie – Norway’s Oil Fund has $7.2 billion invested in the global coal industry. 


Washington, D.C./Sassenberg

Ute Koczy, World Bank campaigner at Urgewald, comments on the nomination of US Treasury Under Secretary David Malpass as the next President of the World Bank Group, which was reported by insiders:

"This way of determining the next World Bank President perpetuates an unfortunate tradition: ruthlessly and exclusively in the interest of the US government. The selection committee is already useless before it could even begin with interviewing possible candidates..."


Washington, D.C., January 1, 2019

Urgewald Human Rights Campaigner Knud Voecking comments on the resignation of World Bank President Jim Yong Kim: 

"Here goes a president weary of office. Kim's growing reluctance to properly run his office was obvious in recent months. His direct move into the investment industry without any 'cooling off' is a scandal."


    Bild Anprechpartner   Moritz Schröder-Therre

    Moritz Schröder-Therre
    moritz [at]
    +49 (0)2583/30492-19

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