December 13, 2012

New report shows World Bank tough talk on climate is just a mirage in Mongolia’s Gobi desert

Just one week after its grim warning during the UN climate talks in Doha that the world is on a path towards a four degree-rise in global temperatures, the World Bank is set to approve financing for yet another coal plant. The plant will power a giant mining complex in Mongolia’s South Gobi desert, fuelling climate change and violating the Bank’s own policies, argues a new analysis from advocacy groups (1).

Read full press release here.