Stop funding fossil fuel projects, World Bank urged
CHRISTIAN AID WELCOMES WORLD BANK REPORT EXPOSING CLIMATE POVERTY LINK
The World Bank is right to highlight the connection between poverty and climate change but needs to practice what it preaches and stop funding fossil fuel projects around the globe, says Christian Aid.
Responding to Sunday’s publication of the bank’s new report, Shock Waves: Managing the Impacts of Climate Change on Poverty Christian Aid’s Senior Climate Advisor, Mohamed Adow, said: “It is good to see the World Bank underlining the clear connection between climate change and how it fuels poverty. That is why so many organisations that fight poverty are concerned about climate change.
“The poor are the least able to respond to the impacts of climate change. Already living on the brink they not only can least afford to lose their homes and livelihoods they also often lack the mobility to move away from climate threats leaving them trapped.
“Thankfully there is time to act, both by limiting greenhouse gas emissions and also providing vital adaptation support for the vulnerable. Politicians will have an immediate opportunity to respond to this report at the UN climate summit in Paris.”
However Mr Adow said the World Bank also needed to get its own house in order and stop funding fossil fuel projects which are contributing to the problem their report is highlighting.
He said: “Climate change is basically international development in reverse. By pouring millions into fossil fuel projects the World Bank is making the situation worse. It needs to stop the pollution and be part of the solution. The developing world is rich with renewable energy resources, the World Bank should be using its money to help poor communities to harness them.”
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Notes:
1. Christian Aid works in some of the world's poorest communities in around 40 countries at any one time. We act where there is great need, regardless of religion, helping people to live a full life, free from poverty. We provide urgent, practical and effective assistance in tackling the root causes of poverty as well as its effects.
2. Christian Aid’s core belief is that the world can and must be changed so that poverty is ended: this is what we stand for. Everything we do is about ending poverty and injustice: swiftly, effectively, sustainably. Our strategy document Partnership for Change (http://www.christianaid.org.uk/images/partnership-for-change-summary.pdf) explains how we set about this task.
3. Christian Aid is a member of the ACT Alliance, a global coalition of more than 130 churches and church-related organisations that work together in humanitarian assistance, advocacy and development. Further details at http://actalliance.org
4. Follow Christian Aid's newswire on Twitter: http://twitter.com/caid_newswire
5. For more information about the work of Christian Aid visit http://www.christianaid.org.uk
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