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Now is the Time to Shift World Bank Resources to Clean Energy

The World Bank has just announced its intent to seek $86 billion for a general capital increase (the GCI) from its donor countries (see World Bank press release).  It is time for the World Bank to become a full part of the solution to global warming, not part of the problem and part of the solution at the same time….

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World Bank Grants $1.3 Billion Loan to Support Environment, Sustainable Resource Use in Brazil

The World Bank Group has approved a $1.3 billion development loan facility to support Brazilian efforts to combat deforestation, foster sustainable resource use and stronger, integrated environmental and resource management, one that it hopes can serve as a model for other resource-rich nations threatened by environmental degradation and export-driven natural resource development.