TV News LIES

Tuesday, Feb 21st

Last update05:20:13 AM GMT

You are here News Environment Three-Quarters Of World Bank-Backed Projects Still Don't Evaluate Climate Risks: Report

Three-Quarters Of World Bank-Backed Projects Still Don't Evaluate Climate Risks: Report

E-mail Print PDF

World Bank GroupThe World Bank is still failing to take climate change into account as it makes decisions about the projects it finances, according to a new report from the nonprofit World Resources Institute. The impacts of climate change were only taken into consideration in a quarter of all projects the bank approved between January 2012 and June 2013.

World Resources Institute looked at a selection of projects that would reasonably be expected to undergo some sort of climate impact assessment. The World Bank has in recent years put a greater emphasis on climate change under its new president, Dr. Jim Yong Kim, and argued in a landmark 2013 report that climate change "could seriously undermine poverty alleviation in many regions." But as WRI's report finds, 75 percent of projects still include no assessment of climate risks.

For 88 percent of projects, there was no examination of their likely contribution to greenhouse gas emissions. The Bank has been dinged for its continued involvement in projects that support coal-fired power plants, for example.

WRI found that a few of the projects the World Bank invested in would help countries adapt to the impacts of climate change, but said those projects "were the exception rather than the rule."

"The reality is, climate considerations are still something that has yet to make its way into the operational considerations they make," said Clifford Polycarp, deputy director of the sustainable finance program at WRI.

More...


Most Recent Related Stories...


Standing Rock: DoJ steps up aggression against those still battling the pipeline

Dakota pipeline protestsubree Peckham darted through the hallways of the casino, desperate for answers. Word had spread that...

Climate Change Is A Far Bigger Threat To Wildlife Than We Thought, Study Says

Wildlife in dangerFor the analysis, a team of researchers from Australia, Italy and Britain combed through all relevant...

California storms: rains drench the north as south braces for huge hit

California stormsHeavy rain has returned to California with the first in a fresh series of storms moving...

DuPont settles lawsuits over leak of chemical used to make Teflon

DupontDuPont and Chemours Co have agreed to pay $671 million in cash to settle thousands of...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!