US proposes new World Bank climate fund

James Murray
clock • 2 min read

As World Bank raises $130m through its latest green bond issue, US Treasury officials recommend controversial institution plays greater role in climate funding

The US is proposing that a new international climate change fund be launched as part of any Copenhagen agreement, and is controversially recommending that the World Bank be given the task of managing it....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

IEA signals clean tech market could more than double to $3tr by 2035

'Raising of ambition': India commits to cutting carbon intensity by 47 per cent in strengthened climate action plan

More on Politics

'We need to talk to the public': John Kerry reckons with a brave new world for green business
Politics

'We need to talk to the public': John Kerry reckons with a brave new world for green business

Former US Climate Envoy joined a raft of top business leaders at SMI's annual meetings in London, where navigating the current geopolitical tumult in pursuit of a greener future was top of the agenda

Michael Holder
Michael Holder
clock 25 March 2026 • 13 min read
'Contingency planning': Chancellor confirms work underway to provide targeted energy bill support
Politics

'Contingency planning': Chancellor confirms work underway to provide targeted energy bill support

Rachel Reeves signals targeted support planned to help households cope with expected increase in energy bills, as she announces further reforms to help fast track nuclear and renewables projects

James Murray
James Murray
clock 24 March 2026 • 6 min read
The UK's 'drill, baby, drill' debate ignores the elephant in the room: Climate change
Politics

The UK's 'drill, baby, drill' debate ignores the elephant in the room: Climate change

The current debate over North Sea gas drilling focuses on its - negligible - potential impact on energy bills, but largely ignores the huge climate risks attached, writes former BBC News correspondent Roger Harrabin

Roger Harrabin
clock 24 March 2026 • 4 min read