World Bank accused of climate change “hijack”



Wondering what all the fuss about global warming is really about? This story offers a clue.

Reuters reports:

Developing countries and environmental groups accused the World Bank on Friday of trying to seize control of the billions of dollars of aid that will be used to tackle climate change in the next four decades . . .

“Many countries and civil society have expressed outrage at the World Bank’s attempted hijacking of real efforts to fund climate change efforts,” he said.

Before they agree to any sort of restrictions on emissions of the greenhouse gases fuelling global warming, poor countries want firm commitments of billions of dollars in aid from their rich counterparts.

See also this report: Climate Work Heating Up at Law Firms



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