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: International Finance Corporation
Development Banks Fund Factory Farming in Ecuador
A report detailing dire consequences for Indigenous people in an Ecuador province comes amid a push on new World Bank President Ajay Banga to end asupport for destructive, high-emitting livestock operations.