About the WB Out of Climate Finance Campaign

Many organisations are mobilising against the role that the World Bank may play in creating the financial mechanism that will be used to transfer climate finance from developed to developing countries. 

Argument:

"The World Bank is recognised as one of the main drivers of the current unsustainable economic and development model that have brought the planet at the edge of collapse. Its internal governance is undemocratic and not representing the voices of the poor countries, which suffer most of the impacts of climate change. Its policies and programs are part of the problem and cannot become today the needed solution."

See: World Bank Out of Climate Finance Campaign