According to a new analysis from the findings of the International Institute for Sustainable Development, 12 percent of the public finance provided by the G20 and Multilateral Development Banks for natural gas projects in developing countries between 2017-19 was released by Urgevald in October, from the World Bank. Since the adoption of the Paris Agreement, World Bank Group financing for fossil fuel projects has exceeded $12 billion in more than 30 countries.

Experts from Turkey and around the world state that the new action plan does not meet expectations:

Bengisu Özenç, Director of the Sustainable Economics and Finance Research Association (SEFIA), said, “Combating climate change is an area so urgent that we cannot postpone it to the medium term.

The World Bank’s New Climate Action Plan Didn’t Meet Expectations | Devamı>>>