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

'The time is now': Santa Marta Conference closes with pledge to deliver new wave of fossil fuel transition roadmaps

Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

More on Politics

'This must be a wake-up call': Brussels pushes for faster clean power drive
Politics

'This must be a wake-up call': Brussels pushes for faster clean power drive

European Commission presents emergency policy package to pull forward electrification and clean power plans in response to Iran War oil and gas shock

Michael Holder
Michael Holder
clock 22 April 2026 • 5 min read
Why the May elections really matter for the UK green economy
Politics

Why the May elections really matter for the UK green economy

The regional and local elections across England, Scotland and Wales on 7 May are not just another political milestone - they are a test of the narrative around climate action itself, writes Sizzle CEO Trewin Restorick

Trewin Restorick
clock 22 April 2026 • 4 min read
UN climate chief Simon Stiell: 'Fossil fuel stagflation is now stalking economies'
Politics

UN climate chief Simon Stiell: 'Fossil fuel stagflation is now stalking economies'

UNFCC executive secretary argues 'climate cooperation is key to fending off the twin-reapers of global heating and fossil fuel cost chaos'

Michael Holder
Michael Holder
clock 21 April 2026 • 5 min read