World Bank spends billions on coal-fired power stations despite own warnings

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Les contradictions de la Banque mondiale sur les énergies fossiles

Extraction de charbon en Inde © AFP PHOTO/Noah SEELAM

The World Bank is spending billions of pounds subsidising new coal-fired power stations in developing countries despite claiming that burning fossil fuels exposes the poor to catastrophic climate change. The bank, which has a goal of reducing poverty and is funded by Britain and other developed countries, calls on all nations in a report today to “act differently on climate change”.

The Times

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