Ending finance for fossil fuels must be a precursor to any transformation of the global financial system. Continuing to pour public taxpayer money continues into coal, oil and fossil gas is not compatible with tackling the climate crisis. This 1 pager outlines the demands from the Big Shift Coalition that must be met ahead of wider reforms to the MDBs.
MDBs Can't Help Fix The Climate Crisis If They Still Fund The Cause
Publication Year: 2023
Banks: ADB, AfDB, AIIB, EBRD, EIB, IADB, World Bank