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Tag: world bank

Statement on the World Bank’s Lift on Nuclear Ban, Push for Fossil Gas

If the World Bank is serious about supporting clean, affordable energy for developing nations, then doubling down on nuclear and fossil gas — expensive, harmful, and higher in emissions — contradicts its commitment and will only stagnate progress on global energy transition as a solution to the climate crisis. The Climate Reality Project Philippines maintains that only an accelerated transition to renewable energy can deliver true climate resilience and sustainable development.

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Financing Our Future: A Call to Action for the World Bank and IMF

Finance holds the key to unlocking progress to ambitious climate action. By reforming how finance flows globally, we can invest more in clean energy, help developing countries adapt, and support nations hit hard by climate disasters. The World Bank and the International Monetary Fund (IMF) are key players in this global financial reform.

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