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
India is overtaking China as the world's most populous country. But its development will not be as CO2-heavy as China's rise, forecasts promise. Less industry and more renewables will curb emissions.
By Nico Beckert
At least half of all greenhouse gas emissions are caused by the extraction and processing of resources. Circular economy can limit consumption – a decisive but often overlooked lever in climate action and nature protection. At their meeting in Japan, the G7 environment ministers are working to change that.
By Redaktion Table
Using tight public funds to leverage many billions from the private sector for climate financing – that is what the World Bank and important bilateral donors plan to do. But it is highly doubtful whether the necessary billions will be raised in this way. The concept of leveraging private funds is on shaky ground.
By Nico Beckert
The World Bank announces big green plans: Ending fossil fuel financing, new reporting methods for the transition, more money for the climate and "Paris compliance" for its own business. But critics find transparency lacking and question the departure from fossil energy.
By Alexandra Endres
