The World Bank poured 3.7 billion dollars into fossil fuels around the world last year despite repeated promises to refocus on shifting to a low-carbon economy, according to research from campaign group Ungewald.

The money went through a special form of funding known as trade finance, which is used to facilitate global transactions and is more opaque than standard project finance.
#WorldBank #IFC #FossilFuels #Environment #Ungewald #Gas #Oil #ClimateEmergency

https://www.theguardian.com/environment/2023/sep/12/world-bank-spent-billions-of-dollars-backing-fossil-fuels-in-2022-study-finds?CMP=firstedition_email

David Duke - Zionists Control Everything, Sept 9, 2023
https://odysee.com/@RizoliTV:d/David-Duke---Zionists-Control-Everything,-Sept-9,-2023:8
#news #scam #politics #finance #sec #fed #jews #federalreserve #economy #US #USA #money #wallstreet #inflation #banks #banksters #worldbank #zionism

The #WorldBank Group Archives is hiring a Digital Preservation Technology Analyst. Come work for me as part of our growing Digital Preservation team!

This is a great role for someone with strong technical skills, experience working across multiple teams in a large organization, and interest/experience in digital preservation and international development.

https://worldbankgroup.csod.com/ats/careersite/jobdetails.aspx?site=1&c=worldbankgroup&id=24113&m=-5&lang=en-US

The salary range for this position is $77k - $105k (note that this is NET, not GROSS).

#digitalpreservation #job

World Bank Report Highlights Rapid Expansion of Online Gig Work.

#WorldBank #GigWork #OnlineWork #DigitalSkills #GigEconomy

https://www.ganganews.com/india/world-bank-report-highlights-rapid-expansion-of-online-gig-work/

US wants G20 to help reshape, scale up multilateral development banks like IMF & World Bank

> President Biden is scheduled to arrive in New Delhi on Friday to take part in the G20 Summit.

> Biden asked the US Congress last month for additional funds that would have the impact of helping increase World Bank financing by more than USD 25 billion, and the US is working with its partners to see if they can pursue similar contributions.
https://www.firstpost.com/world/us-wants-g20-to-help-reshape-scale-up-multilateral-development-banks-like-imf-world-bank-13089232.html #US #G20 #IMF #WorldBank

Biden will call for 'reshaping' World Bank, IMF at G20 #Biden #WorldBank #IMF #G #socialnewsxyz

https://www.socialnews.xyz/2023/09/05/biden-will-call-for-reshaping-world-bank-imf-at-g20/

https://ituc-africa.org/Press-Statement-Strengthening-Trade-Union-Engagement-to-Tackle-the-Challenges.html

#African #unions push for own solutions to cycle of #SovereignDebt

Several African governments avoid defaults through unpopular, harsh, repressive #austerity measures. Governments set aside unfathomable amounts of public finance to service debts.

#Africa #union #ITUC #FES #ITUCAfrica #AfDB #IMF #WorldBank #privatisation #privatization

This is not Esteban's first fight against Big Oil. He is best known for leaking confidential information about #fracking in #Mendoza (another Argentinean region) and mobilized thousands of people to protest the #Argentine government's #climate policy, after which he had to flee the country. He is also co-founder of the #Debt4Climate movement, which demands that the #WorldBank and #IMF's debt to countries in the #GlobalSouth be canceled so that there can be a just transition to #RenewableEnergy.

UN Secretary General Antonio Guterres Calls for Reform of ‘Outdated, Dysfunctional, and Unfair’ Global Financial Architecture - Antonio Guterres, Secretary General of the United Nations (U.N.), has noted change... - https://news.bitcoin.com/un-secretary-general-antonio-guterres-calls-for-reform-of-outdated-dysfunctional-and-unfair-global-financial-architecture/ #antonioguterres #unitednations #brettonwoods #worldbank #reforms #brics #news #imf

" #FossilFuels being subsidised at rate of $13m a minute, says #IMF

#Oil, #gas and #coal benefited from $7tn in support in 2022 despite being primary cause of #ClimateCrisis

"Fossil fuels benefited from record subsidies of $13m (£10.3m) a minute in 2022, according to the International Monetary Fund, despite being the primary cause of the climate crisis.

The #IMF analysis found the total subsidies for oil, gas and coal in 2022 were $7tn (£5.5tn). That is equivalent to 7% of global #GDP and almost double what the world spends on #education. Countries have pledged to phase out subsidies for years to ensure the price of fossil fuels reflects their true environmental costs, but have achieved little to date."
...
"The #G20 nations, which cause 80% of global #carbon emissions, pledged to phase out “inefficient” fossil fuel subsidies in 2009. However, the G20 poured a record $1.4tn (£1.1tn) into fossil fuel subsidies in 2022, according an estimate by the International Institute for Sustainable Development thinktank. The #WorldBank reported in June that fossil fuel and agricultural subsidies combined could amount to $12tn (£9.5tn) a year and were causing “environmental havoc”.

https://www.theguardian.com/environment/2023/aug/24/fossil-fuel-subsidies-imf-report-climate-crisis-oil-gas-coal

#ClimateEmergency #Climate #Klima #KlimaKrise #ClimateDiary #CO2 #CarbonEmissions

Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says - The development bank founded by the BRICS bloc of emerging economies aims to promo... - https://news.bitcoin.com/local-currencies-are-not-alternatives-to-the-dollar-but-the-system-brics-bank-chair-says/ #de-dollarization #developmentbank #localcurrencies #globalfinances #dilmarousseff #u.s.dollar #bricsbank #worldbank #finances #finance #lending #dollar #brics #chair #rupee #bank #rand #real #yuan

#VultureCapitalism #WhiteFaceBlackFuel #PetroDollarDebt: financial institutions like the #WorldBank and #IMF have been financing and pushing the destructive Vaca Muerta #fracking megaproject in the region. large-scale project has devastated the #Indigenous #Mapuche communities of the #Patagonian region

#TragedyOfEnclosure
#ClimateChaos #FossilFuelDebtTrap #FinancingCarbonBombs #KleptoPetroDollars #EnergyColonialism #BadFaithClimateFinance

https://www.thecanary.co/global/2023/08/22/new-report-shows-that-global-north-imposed-debt-is-locking-the-global-south-into-fossil-fuels/

Many people may be tempted to view the World Bank’s recent announcement that it will freeze new loans to Uganda because of the country’s vicious anti-LGBTIQ+ law as a harbinger of the Bank taking a more progressive approach to human rights issues.

https://theconversation.com/world-bank-freezes-loans-to-uganda-because-of-anti-gay-laws-but-it-doesnt-mean-its-becoming-a-human-rights-watchdog-211630

#worldbank
#uganda
#lgbtq

But if any one has any knowledge or thoughts on this please do let me know #Uganda #WorldBank #gayrights #lgbtrights #business #loans #aid

#WorldBank Halts New #Uganda Loans over anti- #LGBTQ + law

I had seen earlier stories about the World Bank deliberating on this action.

I wonder if it will do the same with other countries that criminalise homosexuality.

The ILGA World Database shows 64 countries with such laws.

I would be really interested in hearing from people in the know about the World Bank on the deliberations that led to this decision.

https://www.bbc.com/news/world-africa-66453098

ILGA Database: https://database.ilga.org/criminalisation-consensual-same-sex-sexual-acts

#GlobalSouth

World Bank halts new loans to Uganda over anti-LGBTQ law | LGBTQ | Al Jazeera
https://www.aljazeera.com/economy/2023/8/9/world-bank-halts-new-loans-to-uganda-over-anti-lgbtq-law

Good!

#LGBTQ #Homophobia #Uganda #WorldBank

#Giordania 🇯🇴 Gli #algoritmi contro la povertà danneggiano i #diritti delle persone.
Il targeting imperfetto automatizzato esclude le persone dal supporto in denaro.
Programma di trasferimento di denaro contante sviluppato e finanziato da #WorldBank è discriminatorio e pericoloso per i diritti degli individui. https://www.hrw.org/news/2023/06/13/world-bank/jordan-poverty-targeting-algorithms-harm-rights
cc: @quinta @informapirata @cybersecurity

Assuring support, the World Bank has offered to conduct assessment to quantify losses suffered in several sectors, including roads, power, water supply, housing and public buildings, in Himachal Pradesh
#WorldBank #HimachalPradesh
https://www.hindustantimes.com/cities/chandigarh-news/world-bank-offers-full-support-to-himachal-pradesh-for-flood-damages-assessment-and-reconstruction-efforts-101690567970489.html

https://resumen-english.org/2023/07/argentina-the-imf-a-euphemism-for-politics/ "Zbigniew Brzezinski warned in The Great World Chessboard that the #imf as well as the #worldbank should be seen as extensions of the Treasury Department and guardians of the global interests of the #us."
#argentina

#cbdc #worldBank #digitalID #enslavement