Feature
Published on: 28. April 2025

World Bank: Balancing act between USA and climate action threatens gas investments.

Under pressure from the Trump administration, World Bank CEO Banga has begun a balancing act at the spring meeting: Rhetorically, the climate issue is falling by the wayside; structurally, Banga is sticking to his reforms. The likely price for this strategy: more World Bank funding for gas and nuclear power.

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Last updated: 24. July 2025
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