Climate warning
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World Bank

Climate warning

World bank spent billions of dollars backing fossils fuels in 2022

The world bank poured billions of dollars into fossils fuels around the world last year despite repeated promises to refocus on shifting yo a low carbon economy .The money went through a special form of funding known as trade finance. The group that tracks global fossils fuels finance found that the world bank supplied $3.7bn(£2.95bn)that ended up funding oil ang gas development https://www.theguardian.com/environment/2023/sep/12/world-bank-spent-billions-of-dollars-backing-fossil-fuels-in-2022-study-finds

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  • Videlis Eddie

    39 w

    Very sad

    1
    • johnte ndeto

      40 w

      Assuming they sponsored production of clean energy

      3
      • Jane Wangui

        39 w

        @johnte_ndetoi agree they should atleast consider funding clean energy for the sake of mother nature

        1
      • We Don't Have Time

        40 w

        Dear Hilda Wangui Your climate warning has received over 50 agrees! We have reached out to World Bank by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

        1
        • rosebellendiritu

          40 w

          They should focus on supporting installing of clean energy projects.

          3
          • Ajema Lydiah

            40 w

            Absurd,fossil fuel should never be sponsored

            5
            • Hilda Wangui

              40 w

              Very d isappointing

              2
              • Grace Njeri

                40 w

                Very wrong!

                2
                • Jengaj John

                  40 w

                  Disheartening!

                  9
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