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World Bank: Balancing act between USA and climate action threatens gas investments.

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Published: April 28th, 2025,
Last updated: May 28th, 2025

Ajay Banga, Präsident der Weltbank
Ajay Banga, President of the World Bank.
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At its spring meeting in Washington last week, the World Bank management revealed how it intends to navigate between the US government’s anti-climate policy and its climate and development goals in the future. The Bank apparently wants to address the controversial issue much less prominently than before, but remains on course with its structural changes for more climate finance. At the same time, there are indications that it wants to open up more to investments in fossil fuels and nuclear technology.

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USA World Bank Climate financing