The World Bank has failed to promote clean renewable energy and rarely
considers climate change when funding fossil fuel and other projects in developing nations. During the World
Bank's Spring Meeting on April 22 and 23, they look set to further steer energy
policy in the wrong direction. A new report acknowledging the severe impacts of
climate change on developing countries is to be considered, but plans will still
be put forward to continue investing in fossil fuel projects.
Despite World Bank claims it wants to play a lead role in financing renewable
energy globally, it is failing to meet targets for increasing finance for
renewable energy projects. According to Friends of the Earth UK, in 2005 the
Bank failed to meet its commitment to increase by 20% funding for renewable energy. During this period renewable energy and energy efficiency financing by
the World Bank accounted for just 9% of the entire Bank's financing in the
Climate change threatens the Earth and the lives of all of the Earth's citizens,
and we must see real progress on the development of sustainable energy if
climate mayhem is to be averted. The World Bank must be called upon to promote
clean air technologies like wind and solar power, rather than environmentally
harmful oil, coal and dam projects. The World Bank must lead in converting the world's energy system to a sustainable basis or step aside.
Your message is going to
may receive out of office or other emailed replies from protest email recipients.
Review and Edit Message
Massive investments in renewable energy and efficiency are required to avert climate mayhem
Message Title - please edit title and personalize message below (no URLs)
YOUR NAME, EMAIL & COUNTRY ADDED AUTOMATICALLY