World Bank spent billions of dollars backing fossil fuels in 2022 | First Thing
Campaigners estimate about $3.7bn in trade finance was supplied to oil and gas projects despite bank's green pledges. Plus, the rapid descent of Tucker Carlson
Good morning.
The World Bank poured billions of dollars into fossil fuels around the world last year despite repeated promises to refocus on shifting to a low-carbon economy, research has suggested.
Many countries, developed and developing, are now pushing for reform of the World Bank. They say it needs to refocus its efforts on shifting to a low-carbon global economy. A new president, Ajay Banga, was appointed in June, after the previous incumbent, the Trump appointee David Malpass, resigned after questions over whether he was a climate denier.
Who is Chutkan? The judge, an Obama appointee, came into the case with a reputation of being particularly tough in January 6-related prosecutions after she handed down sentences in some prosecutions that were longer than had been requested by the justice department.
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