World Bank

Ongoing support for fossil fuel projects in developing countries slammed by green groups

Internal report claims bank is failing to effectively monitor green investments

New legislative package to enable Bush's climate change fund pledge

New study claims continuing support for carbon intensive industries undermines bank's credibility as manager of new clean technology transfer funds

UK, US and Japan back fund aiming to accelerate adoption of clean technologies in developing economies

World Bank claims carbon market more than doubled in size last year, but experts warn of rocky road ahead as uncertainty over post-2012 framework begins to bite