March to Demand World Bank Reform
Hundreds rallied to demand the World Bank Group and International Monetary Fund reform their structure for climate, human rights and justice.
Source: foe.org
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Planned fossil fuel production is double global climate targets, report says
COP28 meeting in Dubai must address the issue, UN Sec-Gen says.
Source: rfa.org
Big Changes Coming to the World Bank—But it's Not Enough
It’s official: The World Bank officially has a mission to combat climate change. At least on paper.This week, the World Bank governing body approved a new vision statement that clarifies that th
Source: ipsnews.net
Big Changes Coming to the World BankBut its Not Enough
LONDON, Oct 19 (IPS) - It’s official: The World Bank officially has a mission to combat climate change. At least on paper.This week, the World Bank governing body approved a new vision statement that clarifies that the Bank can tackle climate change as part of its mission to alleviate global poverty on “a livable planet.” Also this week, the new World Bank President Ajay Banga suggested that he’ll be consider redirecting subsidies away from fossil fuels and towards climate action.
Source: globalissues.org
Faced with Crushing Debts, World's Poorest Nations to Slash Public Spending by Over 229 Billion Dollars
The World Bank and the International Monetary Fund (IMF) are returning to Africa, for the first time in decades, with the “same old failed message”.“Cut your spending, sack public service wo
Source: ipsnews.net