World Bank Action Day
14/10/2022 at noon
Washington DC
@World Bank HQ
other Cities around the globe will join!
#WBExitFossilFuelsNOW
It is time to act!
Since the Paris Climate Agreement (2016-2020),
the World Bank has provided:
- $12 billion in direct project finance for fossil fuels in over 35 countries.
- $10-$20 billion annually given as government budget support
=> representing a huge fossil fuel loophole as the World Bank does not restrict spending on fossil fuels
The world Bank group
The World Bank (WB) is a multilateral financial institution headquartered in Washington, D.C. Its two main missions are to fight poverty in the world and to ensure more equitable prosperity that is also sustainable. The World Bank is supported by 189 member states and consists of 5 individual organizations. Therefore, we also often speak of the World Bank Group (WBG).
Who are we?
We are Civil Society.
We work in networks in our regions and connect across continents. The rising temperature of the atmosphere endangers our future. Meanwhile the World Bank, despite the Paris Agreement, still supports the expansion of coal, oil and gas. Through direct and indirect measures, the World Bank creates incentives for many countries to pursue the expansion of fossil energies.
Our goal is to get the World Bank and its donors out of all funding for coal, oil and gas NOW.
What you can do
Use the Hashtag: #WBExitFossilFuelsNOW & #WBActionDay
The @WorldBank is out of time to get out of fossil fuels. Join us on Oct 14th 2022 at noon to demand the Bank stop all investments in fossils now.
Have you heard of
the carbon bomb?
Watch the documentary on the World Bank and the situation in Guyana.
Bad investments
See where the World Bank is damaging our planet with their investments and assistance in fossil fuels.