Is the World Bank retreating on climate finance?

🇫🇷 The Africa Report (FR) —
Is the World Bank retreating on climate finance?

AI Summary

Washington is urging the World Bank to shift its priorities towards economic growth and energy security rather than climate finance, casting doubt on the institution's target to allocate 45% of its funding to climate-related projects and plans to limit gas initiatives.

Washington wants the institution to prioritize growth and energy security over climate goals, raising questions about a 45% finance target and curbs on gas projects.

World Politics Energy World Bank climate finance Washington energy security growth priorities gas projects climate goals

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