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The annual global climate talks will be taking place in Belem, Brazil, for two weeks. Just in time, many a report have been launched, one being the “Banking on Climate Chaos (BOCC)”, a Fossil Fuel Financing report that has examined Multilateral Development Banks (MDBs) and how they invest in the fossil fuel industry.
The report paints a picture of World Bank’s insatiable appetite for profits from the fossil fuel industry, some new and others expanding. And this is not good news.
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