Why the World Bank Is Taking On Climate Change

Posted by National Journal: Coral Davenport on August 12th, 2013
National Journal: The World Bank, headquartered a block from the White House, was founded after World War II to combat global poverty. But over the past year, fighting climate change has become the bank's new guiding principal, as economic evidence indicates that global warming will be a driving cause of poverty worldwide in the 21st century. The bank has become a big player in climate policy, investing billions annually into climate-related programs--and blocking money from projects such as coal-fired power plants.......

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