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🔗 Source: brettonwoodsproject.org
📊 Size: 714 KB
👤 Author: Bretton Woods Project
⬇️ Downloads: 38

Summary

The World Bank's proposed climate investment funds are facing criticism for undemocratic governance and undermining the UN climate convention. The funds, which include the Clean Technology Fund, Forest Investment Fund, and Adaptation Pilot Fund, are designed to assist with low-carbon economies, reduce deforestation, and support climate change adaptation. However, concerns have been raised that the funds' governance structure will be controlled by donor countries, potentially excluding smaller countries from decision-making. The World Bank's support for coal-fired power generation has also been criticized, with some arguing that it contradicts the Bank's climate change goals.

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The World Bank's proposed climate investment funds are facing criticism for undemocratic governance and undermining the UN climate convention.

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  • File Format: PDF
  • File Size: 714 KB
  • Pages: 12
  • Language: EN
  • Author: Bretton Woods Project
  • Total Downloads: 38
  • Last Updated: 3 days ago

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