The funding obstacle to the World Bank’s green vision
U.S. and European leaders are urging transformation and an increase in lending efforts by the World Bank to fight climate change, but have been unwilling to provide additional funding to the institution. That’s prompting questions about whether the bank can effectively fight climate change alongside its traditional mandate of eradicating poverty, without an increase in funding. POLITICO’S Zack Colman breaks down the proposed transformation of the World Bank and the challenges. Plus, FERC will tackle two embattled Texas LNG projects this week. Zack Colman covers climate change for POLITICO. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department.
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