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BREAKING: World Bank Group guilty of coal cash cover-up despite climate commitments - Inclusive Development International

Summary by Inclusive Development International
The World Bank Group’s International Finance Corporation (IFC) has spent millions of dollars and over three years assessing the harms caused by its support for coal power development in the Philippines, following a damning compliance investigation in 2021. But an IFC report published quietly today indicates that it will not take any action to address those harms, which include forced displacement, violence and intimidation against community acti…
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Inclusive Development International broke the news in on Tuesday, January 21, 2025.
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