Tag: world bank
"The easiest way for a big oil company or coal operation to escape attention surrounding public assistance is to cloak it in trade finance."
A new report finds that while the multilateral development bank tries to position itself as a climate leader, it still supports gas pipelines, refineries, and gas export terminals.
A pay for play data manipulation scandal spelled the end of the ideologically driven 'Doing Business' report.
"There is no excuse for the continued funding of billions of dollars in coal, gas, or oil projects. This must stop now."
"Climate change is an existential threat to the world's poorest and most vulnerable. These new targets demonstrate how seriously we are taking this issue, investing and mobilizing $200 billion over five years to combat climate change."
“It is hard to overstate the significance of this historic announcement by the World Bank.”