One look at the World Bank’s homepage would certainly give the impression that the institution has a new focus — climate change. “Working together to beat the heat,” the banner declares.
The bank has its work cut out for it if those words are going to be anything more than just that, words, says Daphne Wysham of NPR’s Marketplace (see also her essay on the subject in Grist).
She has a few suggestions of her own — ending funding for coal and oil projects, increasing funding for renewables, and, ahem, actually measuring the impacts of its projects on global warming, just to start.