Exploiting a “trade finance” loophole, the bank dumped an estimated $3.7 billion into oil and gas projects in 2022, finds an analysis by the German research and activist group Urgewald.
World Bank Pumps Billions into Fossil Fuels
Tag: fossil fuel divestment
Fossil Fuel Divestment Doesn’t Work
NGOs, activists and especially policymakers need to stop pretending that the climate movement can succeed by pressuring capitalists to be more responsible, writes Ted Franklin.