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Campaigners estimate about $3.7bn in trade finance was supplied to oil and gas projects despite bank’s green pledges
The World Bank poured billions of dollars into fossil fuels around the world last year despite repeated promises to refocus on shifting to a low-carbon economy, research has suggested.
The money went through a special form of funding known as trade finance, which is used to facilitate global transactions.
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Ripe for the picking? Irish wine on the up – but ‘nobody will retire rich’
Russian gas shutdown forces closure of almost all industry in Transnistria
‘It’s buzzing here’: Detroit’s revival takes shape after decades of decay