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World Banks Kim Urged to Stop Financing Fossil-Fuel Projects

2013-04-03 12:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: World Bank President Jim Yong Kim, who yesterday vowed to boost the lenders contribution to easing the effects of climate change, was urged by non-profit organizations to stop financing fossil-fuel projects. In a letter sent to Kim today, a group of more than 50 organizations, including Greenpeace and Friends of the Earth, welcomed his commitment to countering global warming and asked him to translate his pledge into action. The World Bank cannot meaningfully address climate change unless...

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