🌍✨ Under US pressure, World Bank says it will back gas “where appropriate”
Why we’re watching: The World Bank president said on Friday his organisation will continue to support some gas projects in developing countries alongside renewables, nuclear and hydropower, despite criticism from climate campaigners who say fossil gas is expensive and polluting.
“Homes, mines, factories, farms, and growing cities – what do they need? 💚
Reliable, affordable baseload power,” Ajay Banga told the bank’s annual meeting in Bangkok on Friday.
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🔭 What to watch next
- 📌 Key signal: The World Bank president said on Friday his organisation will continue to support some gas projects in developing countries alongside renewables, nuclear…
- ✅ Watch for measurable follow-through, not just announcements.
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Reporting curated for GreenTV. Original reporting via Climate Home News.