Why the World Bank’s climate mission is being stymied

The World Bank, which begins its spring meetings today in Washington, is expected to play a key role in helping world governments fight climate change by giving them financing. But their efforts are facing geopolitical battles and key funding questions. POLITICO’s Zack Colman breaks down the bank’s obstacles and the climate stakes. Plus, the U.S. grid could support nearly 100 gigawatts of new power through relatively simple technology upgrades according to a new report released by the Department of Energy. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Zack Colman covers climate change for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.