✉news BusinessBanking first seen 22 h ago, last 21 min ago, peak #2
World Bank and IMF accused of failing on climate action
Original: World Bank and IMF’s lack of climate action could make countries bystanders in their own destruction
Critics warn that the World Bank and IMF are not doing enough to address the climate crisis, a shortfall that could leave vulnerable countries standing by as climate change destroys their economies and communities. The institutions face mounting pressure to reform their lending and priorities so that climate action becomes central to their work with developing nations.
Why now: Growing criticism of the Bretton Woods institutions' climate record has put pressure on them ahead of international finance discussions.
World BankInternational Monetary Fund
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- World Bank and IMF’s lack of climate action could make countries bystanders in their own destruction · Green Central Banking
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