World Bank

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IMF and World Bank Are Urged to Boost Funding for African Nations Facing Conflict, Climate Change

ABUJA, Nigeria (AP) — Many poor countries in Africa face the harshest effects of climate change: severe droughts, vicious heat and dry land, but also unpredictable rain and devastating flooding. The shocks worsen conflict and upend livelihoods because many people are farmers — work that is increasingly vulnerable in a warming world. Climate challenges are […]

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Climate Change
Global News
News

World Bank Targets Dirty Subsidies to Fund Climate Action

The World Bank is seeking to persuade governments to take money away from subsidies for fossil fuels and invest it in good causes like climate change. Governments around the world currently spend over half a trillion dollars a year on making the use of fossil fuels cheaper and the bank wants some of this to […]

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