World Bank Reduces Emissions, Not Poverty

12 Oct 2025 Leave a comment

by Jim Rose in defence economics, economics of bureaucracy, economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA, Public Choice Tags:

The World Bank and other Western institutions retreat from fossil fuel finance has created a significant geopolitical opportunity for China. China is willing to finance fossil fuel projects in Africa and the developing world and reap the strategic benefit of control of energy infrastructure  in many countries.

World Bank Reduces Emissions, Not Poverty

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