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World Bank "New Investment Framework" A Great Leap Backwards for Sustainable Energy

International Rivers Network, Friends of the Earth International

The World Bank is failing to live up to its clean energy mandate, agreed at the 2005 G8 Summit, figures in a new report from the bank reveal. The revelation comes as the World Bank is taking an increasingly high profile and controversial role at the UN climate talks currently underway in Montreal. The Bank hopes to control several global funds and initiatives supposed to help solve the climate crisis.