World Bank to abandon goal to devote 45% of lending resources to climate change projects (www.reuters.com)

submitted 1 month ago by silence7@slrpnk.net to c/climate@slrpnk.net

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Executive directors including France and 18 other shareholding countries had signed a letter last October ‌endorsing the ⁠bank's continued work on climate change, but the largest shareholder, the United States, declined to sign, along with executive directors representing Russia, Kuwait and Saudi Arabia, while India and Japan abstained.

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[-] Quasit@beige.party 6 points 1 month ago

@silence7
The World Bank must be abolished.

[-] CrypticCoffee@lemmy.ml 3 points 1 month ago

Let's not pretend it was ever a force for good, just a force for capitalism.

this post was submitted on 30 Jun 2026

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