The World Bank, embarking on a comprehensive overhaul of its lending practices, faces a tough question: How should it use its limited resources to fund climate projects while still helping the world’s poor? 

The bank’s wealthy member countries are reluctant to add more to its coffers. But they are also demanding that it

lend more money to programs that would fight climate change. 

What’s News

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Did the Pandemic Change How You Feel About New York City?

It’s a moment of transition for New York City. The Delta variant…

Where Are Rents Rising the Most?

When the pandemic set in, rents plummeted in cities across the country…

Boeing to Face Another Obstacle When It Finally Delivers Dreamliners

Federal air-safety regulators plan to inspect and sign off on individual 787…

EU Likely to Approve G-7 Cap on Russian Oil Price in Two Steps

BERLIN—The European Union is advancing work on a price cap for Russian…