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September 7, 2021, Porto Velho, Rondonia, Brazil: Burning of the Amazon Forest, in the city of Porto Velho, in the state

EU and Mercosur tussle over climate pledges

The EU Commission is urging Brazil and the other Mercosur countries to commit to certain sustainability goals as part of the planned trade agreement. Criticism is now mounting in the four countries – it will come down to a test of strength.

By Redaktion Table

Ani Dasgupta, Präsident und Vorstandsvorsitzender des World Resources Institute (WRI)

'We should think about the whole financial system'

The spring meeting of the World Bank and IMF might bring a little more money for the climate. But that is not enough, says the President of the World Resources Institute, Ani Dasgupta: The entire financial system must be reviewed, he says. Details could emerge at the financial summit of French President Macron.

By Alexandra Endres

World Bank climate protest Climate activists claim the World Bank s practices constribute to the climate emergency at the Lincoln Memorial. The banner is the first of a number of expected climate protests at the Worl Bank and IMF annual meetings next week. Washington DC United States PUBLICATIONxNOTxINxFRA Copyright: xAllisonxBaileyx originalFilename: bailey-worldban221006_npo9Z.jpg

Cautious World Bank reform: more capital and climate action

The pressure on the World Bank is high: Its designated new head Ajay Banga is supposed to better link poverty reduction with sustainability and structural reforms. The Bank's decision-making body has now discussed the proposals. A compromise is expected by fall.

By Bernhard Pötter