The World Bank and the IMF plan to achieve climate-friendly global development. But a newly published report raises doubts. Three NGOs criticize: The example of Pakistan shows how the involvement of these financial institutions often exacerbates the climate crisis in the Global South. The current reform proposals also follow a false logic.
By Goswami Urmi
Hardly any other European country produces energy that is as harmful to the climate as Poland and clings so stubbornly to coal. The expansion of renewables is not being actively supported. Much remains haphazard and fragmented. Instead, Poland is relying on nuclear power. On Sunday, the country will elect a new parliament. A victory for the opposition could bring new momentum to the energy transition.
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The Green Climate Fund is intended to help developing countries reduce emissions and adapt to climate change. In Bonn, the fund was replenished with fresh money today. For the time being, however, the total amount is still lower than the last replenishment of the Green Climate Fund.
By Lukas Knigge
