Showing 1 - 2 of 2
Climate fixation fails world's poor
Oped, Bjorn Lomborg, Published on 17/04/2026
» This week in Washington, more than 10,000 delegates, finance ministers, and central bankers are gathering for the World Bank and IMF Spring Meetings. Their stated goal: accelerate global development, drive economic growth, and lift billions out of poverty.
Rich world raids development funds for climate
Oped, Bjorn Lomborg, Published on 27/01/2024
» Too many rich-world politicians and climate campaigners forget that much of the world remains mired in poverty and hunger. Yet, rich countries are increasingly replacing their development aid with climate spending. The World Bank, whose primary goal is to help people out of poverty, has now announced it will divert 45% of its funding toward climate change, shifting some US$40 billion annually away from poverty and hunger.