Why the World Banks announcement that they are making $200 billion available to help fight climate change may not be such good news after all!
The World Bank announced this week that it is to make about $200bn available to fund action on climate change. In making the announcement, Jim Yong Kim, the president of the World Bank, stated:
This is about putting countries and communities in charge of building a safer, more climate-resilient future.
The announcement has been greeted with universal approval with many arguing that the Bank is taking a strong…
