Radio Mundo Real

The World Bank is hitting new records in terms of its funding to highly polluting projects in several parts of the world, and is increasing its support to coal. Nevertheless, the Bank claims to be leading the struggle against climate change at international level.

This seems to be a joke, but it is true. It would be funny, if it wasn’t dangerous. On Saturday, at the UN climate talks, Policy Analist of Friends of the Earth US, Kate Horner, presented a new publication written by Friends of the Earth International about the actions of the World Bank.

The report, called “World Bank: Catalysing catastrophic climate change”, denounces the role of the World Bank in funding polluting industries in several countries, and its attempts to control climate finance at world level.

Real World Radio interviewed Horner to know more about these issues. The activist also made reference to another key issue at the climate talks in Bonn: the Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (REDD) mechanism. Finally, she made reference to the role of the US in these international negotiations.

Photo: http://m1.paperblog.com