The World Bank has pledged to bump up its “climate finance” program by one-third, potentially to $29 billion annually, even though its genocidal “green” programs have caused death, desolation, and millions of refugees.
World Bank President Jim Yong Kim (shown) has announced that the World Bank Group plans to boost its spending on “climate finance” by one-third, to as much as $29 billion annually, “to help countries tackle the impacts of climate change and move toward low-carbon growth.” Kim made the announcement on October 9, in Lima, Peru, where the World Bank Group and International Monetary Fund were holding their annual meeting with national finance ministers and central bankers.
The funding scale-up, according to the World Bank press release, is being planned in anticipation of world leaders adopting a new global warming compact at the fast-approaching United Nations climate summit in Paris. “The climate meeting will be held in Paris at the end of November and December and aims to strike a global agreement on climate, which includes delivering on a promise to provide developing countries with $100 billion a year in climate financing by 2020,” the release stated, and continued, “The World Bank Group’s announcement responds to developing countries’ calls for new resources to help address climate challenges.”
“We are committed to scaling up our support for developing countries to battle climate change,” Jim Yong Kim said. “As we move closer to Paris, countries have identified trillions of dollars of climate-related needs. The Bank, with the support of our members, will respond ambitiously to this great challenge.”
“From Billions to Trillions”
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