The World Bank's increase in fossil fuel finance is especially disappointing as 2014 was the first full fiscal year following the World Bank's commitment to limit
coal financing due to climate concerns.
This increase comes during the first full fiscal year following the World Bank's announced commitment to limit
coal financing due to climate concerns.
Not exact matches
«UNESCO's recommendation that all development of the Orion Khulna
coal project be halted
due to the tremendous threat it poses to the precious Sundarbans should provide the final nail in the coffin to any possible U.S. government
financing.
WASHINGTON, D.C. — The United Nations Educational, Scientific, and Cultural Organization (UNESCO) released a seminal report recommending that development of the Orion Khulna
coal plant in Bangladesh — which the Export - Import Bank of the United States (U.S. Ex-Im Bank) is reportedly considering
financing — should be halted
due to concerns about the negative impacts the project poses to the World Heritage Sundarbans forest.
Sithe Global Power halts plans to build a waste -
coal plant in Shade Township, Pennsylvania
due to lack of progress in finding a
financing partner for the project.