" (...) Accused of not facing up to the climate emergency, the World Bank has been called upon to change. (...)
(...) Financial aid for developing countries on the front line of climate change is one of the central subjects of the negotiations orchestrated by the United Nations. Accused of not facing up to the climate emergency, the World Bank is being called upon to change. "Along with other shareholder countries, Germany is calling for a fundamental reform of the World Bank," said Berlin on October 12. (...)
(...) Banks don't just have resources for loans or grants at their disposal," said Irene Monasterolo, an economist specializing in climate finance at Edhec. (...)"
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