World Bank

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Faulty Accounting

Oxfam research suggests up to 40% of the World Bank’s reported climate-related spending cannot be accounted for[1].

Of $17.2bn that the World Bank reported it spent on climate finance in 2020, up to $7bn cannot be independently verified.[2]

Index

  1. ↑ https://www.theguardian.com/environment/2022/oct/03/world-bank-criticised-over-climate-crisis-spending
  2. ↑ https://policy-practice.oxfam.org/resources/unaccountable-accounting-the-world-banks-unreliable-climate-finance-reporting-621424/
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