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
Global climate action, adaptation and the repair of climate damage requires a lot of money. A reform of the global financial structure is intended to mobilize the financial resources. The upcoming annual meeting of the World Bank and IMF will discuss this, but different interests are involved.
By Bernhard Pötter
The World Bank and the International Monetary Fund are to be better able to respond to the climate crisis and other challenges in the future. But how their reform is supposed to look in practice is disputed. An overview of the proposals:
By Bernhard Pötter