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Headline: Climate Change: Activists Question World Bank's Commitment to Sustainable Development
Description: Inter Press Service (Johannesburg): While the World Bank says it encourages 'environmentally responsible' economic growth in developing countries, activists wonder why it has supported 332 fossil fuel projects in the past 12 years.

According to a study by the Sustainable Energy and Economy Network (SEEN), a project of the Washington-based Institute for Policy Studies and the Amsterdam-based Transnational Institute, since the World Bank committed itself in 1992 to financing sustainable energy projects in poor countries, only one of every 17 programmes has focused on renewable sources of energy.
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Country (origin): South Africa
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Last editing: 2005-01-05 10:33:07