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

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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.

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

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