Anger over World Bank's $55m pledge to Guyana's fossil fuel industry

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Campaigners say move is ‘blatant contradiction’ of lender’s climate commitments

The World Bank has been criticised for providing $55m to aid fossil fuel extraction in Guyana, at the same time that it has pledged to stop direct funding of oil and gas production.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WorldBank are these loans or grants and what kind of stakeholder consultation occurred in Guyana on how this should be spent?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines