Oxfam, a British NGO, describes itself as “a global organization that fights inequality to end poverty and injustice.” Among its many causes is climate change, as this excerpt from its website tell us:
Surely the World Bank has internal bookkeeping that keeps track of the progress and outcome of their loans - they're just not publicizing the info. Which does make one suspicious...
Because of inflation and the increasing cost overruns of wind and solar, the 26-43% of unknowns are almost surely on the upside, not the downside. Which means a tremendous amount of their loans - way over 50%, are going to "climate finance", which of course is never clearly defined.
Surely the World Bank has internal bookkeeping that keeps track of the progress and outcome of their loans - they're just not publicizing the info. Which does make one suspicious...
Because of inflation and the increasing cost overruns of wind and solar, the 26-43% of unknowns are almost surely on the upside, not the downside. Which means a tremendous amount of their loans - way over 50%, are going to "climate finance", which of course is never clearly defined.
The reports miss the pocket money . . .