Loopholes allow multilateral development banks to fund captive coal in Indonesia: Report

Mongabay
Jul 16, 2024, 8:22 am293 pts
JAKARTA — Publicly funded multilateral development banks (MDBs) like the World Bank might finance a wave of “captive” coal expansion in climate-vulnerable countries vulnerable to climate change, which will speed up global warming. A new report reveals that the World Bank’s private sector arm, the…

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